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 ... [bn:WBTKR=AWC:AU] Alumina Ltd. [], partner in the world's biggest producer of the material used to make aluminum , said first-half profit ...
Aug 6, 2009 ... Morgan Stanley sees global commodity demand to start rebound from 2010 ... Chinese spot alumina prices rise on smelter demand ...
Aug 6, 2009 ... Bloomberg reported that aluminium rose to the highest in 9 months in London and ... Chinese spot alumina prices rise on smelter demand ...
Aug 6, 2009 ... She said that " Demand for aluminium is improving now, as there is a pick up the car sector in Asia that's why Dubal might be seeing higher ...
Jul 29, 2009 ... BJD Crushers has supplied six BJD Hammermill units for pulverizing coal at the Worsley Alumina refinery co generation power plant in Western ...
Aug 5, 2009 ... Mytilineos, a major producer and trader of aluminium and alumina in southeast Europe, is expanding into the energy sector to benefit from ...
Aug 4, 2009 ... Louisiana alumina refinery Gramercy Alumina , which has been a 50-50 partnership between Franklin, Tenn.-based Noranda and Monterey, Calif. ...
Aug 5, 2009 ... Australia's Alumina slides to H1 loss · Malaysia-Market factors to watch Aug 6 · UK's MoD to reject Rolls-Royce engine - paper ...
Aug 5, 2009 ... State-run National Aluminium Company (Nalco) and India`s leading producer and exporter of alumina and aluminium, posted a 20.46% increase in ...
Aug 5, 2009 ... UL over a contract for the Swiss based commodities house to supply Ormet with alumina was resolved last week but aluminum prices remain in ...
Aug 5, 2009 ... Chinalco Marks up Alumina by 4.35%,China aluminium network--Featured products display can provide various aluminium products for showing, ...
Aug 5, 2009 ... Alumina Ltd. surged 12 percent after reporting a ... Alumina , partner in the world's biggest producer of the material used to make aluminum, ...
Aug 5, 2009 ... Net sales decreased 18 percent during the second quarter of 2009 primarily due to a 19 percent decrease in both HITOX and specialty alumina ...
Aug 5, 2009 ... Alumina Ltd. reported a first half net profit after tax of A$6 million and an underlying loss of A$15 million after tax.
Aug 5, 2009 ... China Alumina Spot Price Increases form 2400 yuan/ton to 2450 yuan/ton,China aluminium network--Featured products display can provide ...
Aug 5, 2009 ... Alcoa Inc., Alumina's partner and the largest U.S. aluminum producer, posted its third consecutive quarterly loss in July as lower demand ...
Aug 5, 2009 ... MELBOURNE, Aug 6 (Reuters) - Australia's Alumina Ltd slid into the red in the first half of 2009 as alumina and aluminium prices tumbled on ...
Aug 6, 2009 ... in Western Australia's Pilbara region had been welcomed by Chinese steel mills due to its low alumina ultra low phosphorous qualities. ...
