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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According to the Shanghai Metal Market (SMM), today, the weekends have a surge in average prices of raw materials like alumina by RMB 16 per tonne, reaching RMB 4,074 per tonne. This brings the price higher by RMB 158 per tonne in one month from RMB 3,916 per tonne. The price has increased in some...
Aluminium is an essential component of the global economy. The rising demand for green metal clearly shows that no matter how many setbacks or blips come across, the market or the need for this green metal will never decrease. Below is a recap of the events which unfolded in the upstream aluminium...
According to the Shanghai Metal Market, the price of raw materials like alumina has again surged by RMB 15 per tonne, bringing the average price to RMB 4,058 per tonne. Also, in some regions, the alumina price is high, like in Shanxi, where the price has improved by RMB 25 per tonne to peg at RMB...
Indonesia's President Joko Widodo has inaugurated a $941 million smelter-grade alumina refinery operated by state miner Aneka Tambang (Antam) and state-owned aluminium producer Inalum in the West Kalimantan province. The refinery boasts a production capacity of 1 million metric tonnes of alumina...
According to the Shanghai Metals Market (SMM) survey, as of September 24, 2024, the average alumina price has shown steady growth, indicating the growing demand for the raw materials. As of today, the alumina price has surged by RMB 13 per tonne to peg at RMB 4,039 per tonne. Region wise price rise...
As of 23rd September 2024, according to the Shanghai Metal Market (SMM), the week initiated with a surge in alumina price by RMB 20 per tonne to officially close at RMB 4,026 per tonne. This brings the average price higher from the same day the previous month by RMB 119 per tonne from RMB 3,907 per...
The Jamaica-based bauxite mining and alumina-producing company Jamalco has successfully reopened its Rocky Point port following extensive repairs, resuming normal shipping operations. The port's conveyor system was damaged by storm conditions caused by Hurricane Beryl, which passed offshore on July...
According to the Shanghai Metal Market (SMM), alumina price has surged by RMB 13 per tonne, averaging at RMB 4,006 per tonne as of 20th September. This brings the price higher by RMB 99 per tonne in one month from RMB 3,907 per tonne. The price has increased in almost all the key regions. Like in...
According to the International Aluminium Institute (IAI), alumina production in the Americas totalled 1.179 million tonnes in July 2024, with 83.88 per cent contribution from South America and 16.12 per cent from North America. Unlike the primary aluminium sector, South America dominates the...
Press Metal Aluminium Holdings has announced a partnership with three Indonesian firms to establish and operate an alumina refinery in West Kalimantan, Indonesia. The refinery is projected to produce between one and 1.2 million tonnes annually in its first phase, with plans to double this capacity....
According to the Shanghai Metals Market (SMM), the average alumina spot price has skyrocketed by RMB 18 per tonne to clock at RMB 3,993 per tonne. This significant growth in China’s domestic alumina price highlights the growing demand for alumina to support the increased production of primary...
According to the Shanghai Metal Market (SMM), alumina prices have again surged for the 5thday at a stretch. Today, as of 18th September, the price has ascended by RMB 7 per tonne, reaching RMB 3,975 per tonne. The increase in key regions like Henan, Shanxi and Guizhou is even higher, with prices up...
On Tuesday, September 17, Century Aluminum, a global primary aluminium producer with operations in the United States, announced the resumption of normal shipping operations of alumina at Jamalco’s Rocky Point port after the completion of the repair work of damages caused by devastative cyclone...
Vedanta Aluminium, India's largest producer of aluminium, is actively addressing a breach of its process water storage facility at its Lanjigarh alumina refinery in Odisha, which occurred during the early hours of September 15, 2024, due to unprecedented rains in the area. This extreme weather...
According to the Statistical Institute of Jamaica, the Caribbean Island nation's mineral export earnings surged by 27% during the first four months of the year, driven primarily by increased alumina exports. From January to April, the island's Mining and Quarrying sector earned US$206.5 million in...
Currently, if anything is grabbing the maximum attention in the upstream aluminium sector, it is the unprecedented price surge in China's alumina prices. Both domestic and imported prices have skyrocketed over the week, transforming the market dynamics and raising concerns among primary aluminium...
According to the Shanghai Metals Market, China’s domestic average alumina spot price has further increased for the fourth consecutive day towards the RMB 4,000 per tonne level. As of September 13, the price stands at RMB 3,968 per tonne, accumulating RMB 11 per tonne overnight and marking...
According to the Shanghai Metals Markets survey, China’s average alumina spot price has heightened by RMB14 per tonne on Thursday, September 12, marking the third consecutive day of rise extending relentless growth since August 20. From August 20 to September 12, China’s average alumina price has...
