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 29, 2009 ... Activated Carbon, Silica Gel, Activated Alumina , Clays, and Others. Annual forecasts are provided for the period of 2006 through 2015. ...
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 ...
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Jul 22, 2009 ... "It would remain in the same envelope - same total over four years, but given the high price of aluminium it could be front loaded," he said ...
Jul 13, 2009 ... LME steel billet prices slip on slow demand ,China aluminium network--Featured products display can provide various aluminium products for ...
Jul 20, 2009 ... Copper extends gains on improved demand and outlook ... RUSAL also completed the optimization of alumina production through the suspension ...
Jul 27, 2009 ... Reuters reported that Aluminum Corp of China Ltd said that it expects to see a loss in the first half of 2009 due to low aluminum demand and ...
Jul 27, 2009 ... It attributed the anticipated net loss to low aluminium prices during the period , which resulted from a significant slump in demand for ...
Jul 13, 2009 ... Alumina Limited News is an EIN News Service for mining professionals. Constantly updated news and information about mining.
Jun 24, 2009 ... The Frankfurt-based producer of speciality alumina products, spun out from Alcoa in 2004, has annual sales of about $500m and was bought for ...
