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 3, 2009 ... China's largest alumina producer Chinalco raised its benchmark alumina prices by over 4% in the wake of a recent improvement in spot market ...
Aug 3, 2009 ... Indmin reported that a JV between Uzbekistan's coal and lignite producer, JSC Uzbekugol and JSC RUSAL VAMI, the Russian National Aluminium ...
Aug 3, 2009 ... Alumina spot price of Chinalco increases 100 yuan,China aluminium network-- Featured products display can provide various aluminium products ...
Aug 3, 2009 ... [bn:WBTKR=2600:HK] Aluminum Corp. of China Ltd. [], the country's largest maker of the light metal, raised the spot price of alumina for a ...
Aug 3, 2009 ... China spot alumina prices up on smelter demand * Chalco increases spot alumina prices by 4 percent * Aluminium smelters keen to import ...
Aug 3, 2009 ... Production pruning - Alcoa to shut Point Henry aluminium rolling ... the Alcoa division announced the conversion price increase for ...
Aug 3, 2009 ... Tin price was expected to move between USD 14500 per tonne to USD 14650 per tonne this week. 4. Aluminium Stocks of aluminum , used in ...
Aug 1, 2009 ... Glencore must pay damages after alumina dispute - Ormet ... for a H2 rebound in demand driven by expanding worldwide factory output. ...
Jul 22, 2009 ... Microcrystalline Fused Alumina obtains from varying the cooling rate of brown fused alumina . Microcrystalline Fused Aluminas crystal size is ...
Jul 30, 2009 ... Rusal, the Russian aluminum producer controlled by billionaire Oleg Deripaska, said the 500 metric tons of caustic soda its Guinean alumina ...
Aug 1, 2009 ... Bloomberg quoted US aluminum producer Ormet Corporation as saying that Glencore International AG must pay damages after a dispute about raw ...
Jul 20, 2009 ... The USD 5.7 billion project is the world's largest green field aluminium smelter and the biggest non-oil industrial venture in the UAE. ...
Jul 21, 2009 ... Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active ...
Jul 25, 2009 ... BHP Billiton Ltd said that its worldwide alumina production for the year dropped 4% compared to June last year. .
Jul 30, 2009 ... The abrasives are fine grains of silicon carbide, white fused alumina , and blend materials used in the cutting and polishing of optical ...
Jul 30, 2009 ... Rio Tinto sells Alcan unit for US$1.2 billion · Rusal to cut alumina output at Guinean plant in July · Australia to probe alleged aluminium ...
Jul 31, 2009 ... Alumina ratings affirmed after Alcoa withdraws offer for Alcan · Rio Tinto may sell assets to cut debt after Alcan takeover ...
Jul 31, 2009 ... The released said the abrasives are fine grains of silicon carbide, white fused alumina , and blend materials used in the cutting and ...
