Russian aluminium producer Rusal is working on plans to build a bauxite and alumina complex in Indonesia as it looks to strengthen its raw material supply for aluminium production. The company mentioned that the Indonesian project is part of its “ diversification strategy in the Pacific region ”....
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
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In November 2024, the global aluminium industry continues demonstrating resilience and innovation amidst evolving market dynamics. The month has been marked by significant milestones, from groundbreaking advancements in sustainable production and recycling technologies to strategic investments...
The price of alumina, as well as primary and secondary aluminium ingot, is stabilising from the leaps of hike in the Chinese metals market. Image Source: Advanced Ceramic Materials (ACM) Corporation Alumina pricing: Averaged and provincial On Monday, December 2, as the week and the month started,...
According to the International Aluminium Institute survey, the world’s alumina production in October 2024 reached a new high in tandem with the growth across all the major producing regions. The daily average output also exceeded all the previous records, reflecting a month-on-month increase of...
Saint-Gobain Ceramics & Plastics, Inc. has officially filed a petition seeking to impose antidumping and countervailing duties on sol-gel alumina-based ceramic abrasive grains imported from China. The move is aimed at addressing what the company claims are unfair trade practices that have impacted...
In a recent news piece by S&P Global, the report of Rio Tinto Group removing the halt on alumina exports from its Gladstone refineries in Australia has come up. "... We received notice that [the] FM has been lifted [and] operations are close to normal," an Australia-based trader said. At least four...
According to the Shanghai Metals Market (SMM) on Friday, November 22, the price of alumina has added RMB 18 per tonne to settle at RMB 5,691 per tonne. On the same day, the prices in Shanxi, Henan and Shandong have grown by RMB 25 per tonne and RMB 20 per tonne to settle at RMB 5,750 per tonne, RMB...
Alumina prices are still on the rise in the Shanghai Metals Market (SMM). But, after a long wait, the price hike rate has decreased in the past couple of days, sparking hope among aluminium industrial manufacturers, traders and suppliers. Image Source: https://www.britannica.com/ Alumina pricing:...
The ASX listed diversified infrastructure services company born out of Australia's greatest engineering challenge, the Snowy Mountains Hydro-electric Scheme, in 1961, SRG Global has secured significant contracts worth A$700 million ($455.35 million) with some of Australia's leading mining...
The decline in South America’s alumina production for two months in a quarter led to a downfall in the total Q3 output. In July and September, South America’s alumina production decreased by 5.36 per cent and 3.83 per cent, respectively, resulting in a Q3 fall of 3.49 per cent from the previous...
On Wednesday, November 20, the average alumina spot price in China has ascended by RMB 13 per tonne to settle at RMB 5,659 per tonne. The alumina price has continued its growth trajectory since September. The prices of Lianyungang and Bayuquan have surged by RMB 50 per tonne to peg at RMB 6,050 per...
According to the Shanghai Metals Market (SMM) analysis, the average alumina spot price has hiked by RMB 24 per tonne to settle at RMB 5,646 per tonne. W-o-W, the price has grown by RMB 156 per tonne or 2.84 per cent, and M-o-M the alumina price has shown a surge of RMB 1,039 per tonne or 22.55 per...
On Monday, November 18, the average alumina spot price in China has marked a hike of RMB 22 per tonne to settle at RMB 5,622 per tonne, reflecting a Y-o-Y surge of RMB 2,624 per tonne or 87.52 per cent from RMB 2,998 per tonne. Image Source: Tradeindia As per the Shanghai Metals Market (SMM) data,...
On Friday, November 15, the average alumina spot price closed the week with a growth of RMB 33 per tonne to settle at RMB 5,600 per tonne. The alumina prices have shown incredible growth since September arriving at RMB 5,600 per tonne as of today. Image Source: Itaforte The prices have grown in...
IB2, a trailblazer in the aluminium industry, has secured a remarkable €100 million investment secured from a group of financial and industrial investors . This significant funding will be used to pioneer sustainable alumina technology, further solidifying IB2's leading role in the industry. The...
In a significant judgment, the Chhattisgarh High Court in India has quashed the Korba Collector's (the highest officer of the revenue department in the district) order that imposed a hefty royalty of INR 863.18 lakh (USD$ USD 1.04 million) on Bharat Aluminium Company (BALCO) Limited for vanadium...
As the week progresses, on Thursday, November 14, the alumina price surge trend, witnessed since the initial days of September, continues its upward climb in a similar ratio. Image Source: https://www.made-in-china.com/ Alumina pricing Today, the nearly colourless crystalline substance stood at RMB...
After a decline last month, China's metallurgical-grade alumina production grew in October 2024, marking a M-o-M increase of 2.93 per cent, according to the Shanghai Metals Market survey. The output also escalated by 6.51 per cent year-on-year, backed by capacity expansion and higher operating...
The average alumina price on Wednesday, November 13, has now crossed RMB 5500 per tonne in the Shanghai Metals Market. The average cost, after a gain of RMB 39, has stood at RMB 5529 per tonne, whereas the provincial prices in Lianyungang and Bayuquan are short of a mere 100 bucks to reach RMB 6000...
