Guinea is looking to expand its partnership with Glencore beyond bauxite exports, with the two sides discussing potential investments in alumina refining, energy and other strategic projects as Conakry seeks to build more processing capacity at home. The discussions follow a more than USD 300 million bauxite pre-financing and offtake agreement signed last week between state-owned Nimba Mining and Glencore. Under the deal, the Swiss commodities group will market 10–12 million tonnes of bauxite annually for five years, giving it a significant position in one of the world's largest bauxite-producing countries. Guinea's Mines Minister Bouna Sylla said the agreement could provide a foundation for a broader partnership across the country's aluminium value chain. "Glencore has indicated strong...
Domestic alumina spot prices held steady with slight adjustments last week, and scattered transactions showed mixed pricing. On the supply side, recent domestic alumina operating capacity stayed at around 99.4 million tonnes per year. A new alumina project in Beihai, Guangxi, is expected to start feeding material for trial production late this month, with associated capacity of about 2 million tonnes per year, and specific progress will be tracked closely. Meanwhile, roughly half of the industry's capacity is now running at a full-cost loss, and some producers have even slipped into cash-flow losses. Costs show no signs of easing though, and with few bullish drivers in sight, sector loss pressures keep mounting. Prices held flat last week mainly because new capacity releases are still...
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Aug 5, 2009 ... Alumina Shares Rise on Smaller-Than-Expected First-Half Loss ... Alumina advanced 12 percent to A$1.835 at 11:29 a.m. Sydney time on the ...
Aug 6, 2009 ... The MSCI Asia Pacific Index rose 0.7 percent today as employers in Australia unexpectedly added jobs, Alumina Ltd. posted a ...
Aug 6, 2009 ... US-based Noranda Aluminum Holding Corporation announced yesterday it plans to fully acquire St Ann Bauxite in Jamaica and Gramercy Alumina ...
Aug 6, 2009 ... Alumina advanced 9.8 percent to A$1.795 at the 4:10 p.m. Sydney time close ... Alcoa Inc., Alumina's partner and the largest U.S. aluminum ...
Aug 6, 2009 ... China also has advantage in upstream resources, but the advantage is reflected in the quantity of alumina manufacturers instead of rich ...
Aug 6, 2009 ... 6 (Bloomberg) -- Asian stocks rose for the first time in three days as Alumina Ltd. posted a smaller-than-estimated underlying loss and ...
Aug 6, 2009 ... Alumina Profit Drops 86% on Demand, Price Declines,China aluminium network-- Featured products display can provide various aluminium products ...
Aug 6, 2009 ... Alumina posts loss on falling aluminium prices,China aluminium network--Featured products display can provide various aluminium products for ...
Aug 7, 2009 ... Similarly, alumina production increased to 400800 tonnes from 392900 tonnes in corresponding quarter in 2008. ...
Aug 7, 2009 ... Work on Utkal Alumina refinery resumes. 0blt1. Rusal arranged for debt restructuring over 7 years with foreign banks ...
Aug 7, 2009 ... Business Standard reported that the civil construction of the INR 5000 crore alumina refinery project of Utkal Alumina International Limited ...
Aug 4, 2009 ... Century Aluminum Divests Stakes in Bauxite and Alumina Assets - 51 Minutes ..... Extension to Exploration License at Svetloye Project Russia ...
Aug 6, 2009 ... Resources delineated for the project to date total 51 million. ... Chinese spot alumina prices rise on smelter demand ...
Aug 6, 2009 ... Our New Industrial Area project will make up for this.??? He added that the technology for the aluminium extrusion project would come from ...
Aug 6, 2009 ... FLSmidth bags order from Anrak Aluminium Limited. 0blt1. Chinese spot alumina prices rise on smelter demand ...
Aug 5, 2009 ... Roaring alumina prices in 2008 made many manufacturers suffer losses. Although alumina price decreased in the second half of 2008, ...
Jul 28, 2009 ... China's alumina prices rose strongly over the week on increased demand after a " dramatic" gain in primary aluminium prices. ...
Aug 5, 2009 ... Responsed to market demand , the company continues to refine the technology ... Ltd. cooperates with the China Aluminum Network once again, ...
