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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Jul 31, 2009 ... The notice comes on the heels of an arbitration ruling over alumina shipment dispute with Swiss trader and producer Glencore. ...
Jul 30, 2009 ... It said that ''the alumina and aluminium industry accepts that Government intervention is justified in response to climate change. ...
Jul 29, 2009 ... The Corporation also holds intellectual property rights on a patent pending original process for extracting alumina from aluminous clays. ...
Jul 29, 2009 ... It also produces coal, copper, bauxite, kaolin, potash, alumina and aluminum. Vale is the largest logistics service provider in Brazil, ...
Jul 20, 2009 ... The project , due to start in October, will feed the company's Lanjigarh alumina refinery at Orissa with a capacity of more than 1 million ...
Jul 29, 2009 ... Lanjigarh Alumina Refinery Construction activity is in full swing on the new 3mtpa Lanjigarh alumina refinery expansion project and is on ...
Jul 27, 2009 ... The discount deal, effective through 2018, ties the price of Hannibal's power to the price of aLondon Metal Exchange aluminum . ...
Jul 27, 2009 ... patent pending original process for extracting alumina from aluminous clays. .... about 25 percent of the global demand for this metal. ...
Jul 28, 2009 ... China's alumina prices rose strongly over the week on increased demand after a " dramatic" gain in primary aluminium prices. ...
Jul 29, 2009 ... It attributed the anticipated net loss to low aluminum prices during the period which resulted from a significant slump in demand for ...
Jul 29, 2009 ... Demand for automotive products was well down on the same period last year but ... the Sale of Argillon's Insulators and Alumina Businesses ...
Jul 29, 2009 ... In response to the downturn in demand , Century has curtailed about 28% of primary aluminum capacity and its Gramercy alumina refinery in the ...
Apr 12, 2009 ... Guinea's junta wants to cancel RUSAL refinery sale * Junta plans to take legal action (Adds detail, quotes, background) By Saliou Samb ...
May 12, 2009 ... China has about 9 million tons of alumina -making capacity under construction ... The country already has 33 million tons of existing alumina ...
Jul 17, 2009 ... Output of alumina , a refined powder used to make aluminum, fell 34 percent to 3.7 million tons. The collapse in commodities, stocks and the ...
Jul 23, 2009 ... Other List. 0blt1 Piping Gas,Lubrication,Hydraulic,IBR/Non IBR,HighpressueOil,Ug /Ag/Plant piping. 0blt1 Alumina venture in Indonesia ...
Jun 25, 2009 ... MOSCOW, June 25 (Reuters) - Russia's UC RUSAL plans to return to normal production levels at its Guinea alumina plant in August after ...
Jul 10, 2009 ... COPENHAGEN, July 9 (Reuters) - Danish industrial group FLSmidth has won an order worth $41 million for machinery for an alumina plant in ...
