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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The leading Australian engineering group, Monadelphous, has announced receiving new contracts and extensions valued at approximately A$160 million (US$106.99 million). The company has secured two one-year extensions for fixed plant maintenance services and sustaining capital projects across Rio...
On Wednesday, October 16, the average alumina spot price has skyrocketed by RMB 101 per tonne to settle at RMB 4,499 per tonne. As per the data, the alumina prices in Shandong, Guangxi and Shanxi have gained RMB 100 per tonne to clock at RMB 4,475 per tonne, RMB 4,435 per tonne and RMB 4,575 per...
Aluminium Bahrain B.S.C. (Alba) from Bahrain and Alcoa Corporation from the United States of America have extended their long-term relationship by signing yet another strategic agreement. They have renewed their alumina supply contract under which Alcoa has agreed to supply up to 16.5 million...
Cadoux Limited, a leading producer of high-quality critical minerals for use in electric vehicles and high-tech applications, has reportedly acquired an $848,880 R&D tax incentive offset payment for its work-in-progress critical mineral projects that will innovate process design to produce...
According to the Shanghai Metals Market (SMM), the average alumina spot price has surged significantly by RMB 94 per tonne to clock at RMB 4,398 per tonne. The prices have grown in most provinces, with the highest in Shandong and Shanxi, where it has skyrocketed by RMB 100 per tonne to settle at...
Konstelec Engineers Limited (KEL), an engineering, procurement, and construction company, has acquired a whopping INR 39.63 crores contract from National Aluminium Company (NALCO), which they are to deliver within the next 12 months (from the date of LoA). The Letter of Approval (LoA) of the...
In September 2024, China’s monthly production of metallurgical-grade alumina retreated from its peak by losing 4.27 per cent month-on-month. However, on a year-on-year basis, the output in September increased by 2.69 per cent from 6.732 million tonnes. Based on the above data provided by the...
On October 11, 2024, Alba (Aluminium Bahrain), the single-sited smelter, announced its two significant safety milestone achievements: the company's no on-site Lost Time Injury(LTI) inclusive safe-working hours touching 25 million and 8th consecutive summer without any heat-induced injuries and...
On Monday, October 14, the average alumina spot price in China opened the week with a surge of RMB 63 per tonne to halt at RMB 4,304 per tonne. W-o-W, the alumina price had grown by RMB 196 per tonne from RMB 4,108 per tonne. As of today, the prices in regions like Shanxi and Shandong have gained...
Alumina futures on the Shanghai Futures Exchange soared to a new record, driven by bauxite supply disruptions from Guinea and sustained demand from China. On Friday, alumina prices surged by as much as 6.4 per cent, reaching RMB 4,630 ($655) per tonne on the Shanghai Futures Exchange, marking the...
On Friday, October 11, the average alumina spot price in China hiked by RMB 27 per tonne to settle at RMB 4,241 per tonne. As per the Shanghai Metals Market (SMM) price analysis, the alumina price on a M-o-M surged by RMB 298 per tonne or 7.55 per cent. As of today, the prices have grown in most of...
China's non-ferrous metal market has seen a historical price movement of the average alumina spot price as it has leapt by RMB 44 per tonne overnight to exceed RMB 4,200 per tonne. According to the Shanghai Metals Market, China's domestic alumina price clocked at RMB 4,214 per tonne on Thursday,...
The non-contact form of Atomic Force Microscopy(AFM) led by researchers from Vienna University of Technology(TU Wien) and University of Vienna has revealed unknown facts about the notably complex structure found on the surface of aluminium oxide. The research report states that the structure of the...
According to the Shanghai Metals Market, China’s domestic alumina market has resumed after a week-long National Day holiday with a price surge of RMB 16 per tonne to stand at RMB 4,108 per tonne as of Tuesday, October 8. With the latest rise, China’s domestic alumina price has recorded a...
Alumina production in Africa & Asia (ex-China) rebounded in August 2024 after a drop the previous month. The output, as per the International Aluminium Institute survey, recovered by 1.32 per cent M-o-M, a testament to the industry's stability, even though it did not reach the production level...
In September 2024, the global aluminium industry witnessed significant developments across production, sustainability, and market dynamics. Aluminium producers continued to push for greener technologies, as the global primary aluminium producers are focusing on expanding their low-carbon aluminium...
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The world's alumina production in August 2024 maintained a robust monthly record, increasing slightly from 12.511 million tonnes in July. Thanks to the growing alumina output in Africa & Asia (ex-China), South America, and Europe (including Russia) that drove the world's production, offsetting a...
According to the Shanghai Metal Market (SMM), today, the week initiated with a surge in average prices of raw materials like alumina by RMB 18 per tonne to reach RMB 4,092 per tonne. This increased the price by RMB 189 per tonne in three months from RMB 3,903 per tonne. The price has expanded in...
