China's domestic spot alumina prices continued their gradual downward trend last week, with sporadic discounted transactions emerging in the market, based on Mysteel's survey. The pressure was partly contributed by the persistent expectation of fresh supply coming online in southern China, leaving...
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 ”....
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Atlantic Alumina and Concord Resources welcome the issuance of guidance on the United States Inflation Reduction Act (IRA) 45X Advanced Manufacturing Production Credits. The Department of the Treasury and the Internal Revenue Service recently issued guidance on the United States Inflation Reduction...
In a commendable move toward bolstering its leadership, the board of Alpha HPA Limited proudly announces the addition of Marghanita Johnson to its esteemed cadre as an independent, non-executive director. This strategic move bears profound significance within the realms of the aluminium industry,...
For over 25 years, Rhenus Weserport Bremen has been renowned for its expertise and professionalism in the transhipment of diverse goods and materials. However, in a recent and strategic alliance with Nabaltec AG, Rhenus Weserport is embarking on significantly expanding its existing railway...
China's average alumina spot price has expanded by RMB 7 per tonne, officially closing at RMB 3,334 per tonne, while the alumina price in Shandong has augmented by RMB 20 per tonne to rest at RMB 3,200 per tonne. The alumina price in Guizhou has levitated by RMB 15 per tonne to stop at RMB 3,315...
The Shanghai Metals Market has revealed the world’s largest alumina producer’s output in December 2023, and with that comes China’s total production figure for the entire year. As per the data shown, China’s metallurgical-grade alumina output in December 2023 (31 days) stood at 6.795 million...
National Aluminium Company Limited (NALCO), a Schedule 'A' Navratna CPSE under the Ministry of Mines, Govt of India, has reportedly communicated that its ongoing expansion of alumina refinery and plans for expanding smelter have proceeded backed on the operations of allotted coal blocks and...
Alcoa Corporation has announced its intention to cease production at the Kwinana Alumina Refinery in Western Australia in 2024, with the gradual shutdown commencing in the second quarter. The refinery, boasting an annual nameplate production capacity of 2.2 million tonnes, has been operating at...
China’s average alumina spot price has soared by RMB 6 per tonne, officiating at RMB 3,316 per tonne, while the alumina price in Shanxi has gained RMB 10 per tonne to halt at RMB 3,370 per tonne. In Guangxi, the alumina spot price has floated by RMB 15 per tonne to park at RMB 3,345 per tonne....
China has recently achieved a significant milestone in the production of refined gallium with the launch of its first automatic filling production line. The production line has been installed at the gallium workshop of the alumina plant of Guangxi Branch of Chinalco. This achievement marks a new...
According to SMM, the average alumina spot price in China has soared by RMB 35 per tonne to close at RMB 3,292 per tonne, while the alumina price in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 30 per tonne to officially settle at RMB 3,155 per tonne, RMB 3,330 per tonne, RMB 3,345...
The fuel depot explosion in Conakry, Guinea, just before the year 2023 ended caused fuel sale restrictions, leading to transportation disruption. That led to a fret about bauxite availability in China, given that Guinea is the largest exporter of bauxite ore to China. The incident even led to...
Gujarat Alkalies and Chemicals Ltd (GACL) have recently entered into a Memorandum of Understanding (MoU) with Vedanta Aluminium to explore potential business opportunities within the caustic chlorine and related sectors. The primary objective of this MoU is to leverage the complementary skills,...
China’s alumina spot price has levitated by RMB 56 per tonne to clock at RMB 3,210 per tonne, whereas the alumina price in Guizhou has gained RMB 85 per tonne to close at RMB 3,200 per tonne. In Henan and Guangxi, the alumina spot prices have jumped up the graph by RMB 70 per tonne, stopping at RMB...
China’s average alumina spot price has continued to grow over the New Year weekend to kickstart 2024 at RMB 3,154 per tonne on Tuesday, January 2. According to the Shanghai Metals Market, the price has surged by RMB 35 per tonne since Friday, marking a week-on-week hike of RMB 128 per tonne from...
The latest data revealed by the International Aluminium Institute for November 2023 indicates that Africa & Asia’s (ex-China) alumina production in the first eleven months of 2023 lags behind by 1.9 per cent from the prior year. Compared to 12.663 million tonnes of Africa & Asia’s (ex-China)...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, in November 2023, initiated the construction of a pilot plant to convert bauxite residue, a waste stream from alumina refining, into manufactured soil. The pilot plant is thought to be the...
The current International Aluminium Institute data showed the world alumina production in November 2023 fell month-on-month by 1.90 per cent to 11.858 million tonnes, following an increase in October output. According to IAI, world alumina production in October was 12.088 million tonnes, up by 0.99...
In the wake of a fuel depot blast in Guinea, a fear of bauxite supply shortage has stirred the Chinese upstream aluminium market, provoking smelters to buy alumina in anticipation of a production cut. As a result, the domestic alumina spot price in China has been on a rising spree since December...
