Canadian Energy Metals has demonstrated a process for producing smelter-grade alumina from Saskatchewan black shale and has started a prefeasibility study for its Thor Project. Canadian Energy Metals Corp. (CEM) has taken a step towards developing an alternative North American source of alumina...
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...
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Impact Minerals has secured definitive commitments from its two major owners, the Bunnenberg Family Office and ABC Beteiligungen, to fund $4,000,000 via a placement at 1.2 cents per share to speed up the development of Lake Hope High Purity Alumina (HPA) project in Western Australia, in which the...
Norsk Hydro said on Thursday that it would sell a 30 per cent share in Brazilian alumina refinery Alunorte and a 5 per cent investment in bauxite producer Mineracao Rio do Norte to Swiss miner and trader Glencore. However, in a recent update, Glencore plans to pay about $700 million for the equity...
According to an S&P Global Commodity Insights report on Wednesday, April 26, Alcoa has withdrawn the force majeure for its Western Australian alumina business. The news came after Alcoa spokesperson confirmed the matter. But before that, there was hearsay in the market regarding the force majeure...
In line with the report published last day that Century Aluminium agreed to buy a 55 per cent stake in Jamalco, the US-based primary aluminium producer signed a purchase contract with Noble Group Holdings Limited for US$1. The deal is expected to close by the end of April 2023, but the full...
Hydro has struck a deal with Glencore under which Glencore would purchase 30 per cent of the Brazilian alumina refinery Hydro Alunorte and 5 per cent of the Brazilian bauxite production Mineraco Rio do Norte (MRN). Glencore will buy an extra 40 per cent of MRN, now controlled by Vale. Hydro will...
On Tuesday, April 25, Century Aluminum Company announced a significant step towards acquiring a sizeable share in a joint Jamaican bauxite mining and alumina production venture. The company has reportedly signed an agreement with Noble Group Holdings Limited (Noble) to obtain 55 per cent of its...
According to the Shanghai Metals Market, the average alumina spot price in China has closed the week ending April 21, 2023, with a drop of RMB 5 per tonne after remaining restrained for three consecutive days. The price has concluded at RMB 2,898 per tonne versus RMB 2,903 per tonne the previous...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said,...
The average alumina spot price in China has plummeted by RMB 14 per tonne over the weekend to reach RMB 2,903 per tonne as of Monday, April 17, found the Shanghai Metals Market. In Shanxi, the alumina price has slumped by RMB15 per tonne to stand at RMB 2,925 per tonne. On the other hand, in...
On Friday, April 14, the average alumina spot price in China inched down by RMB 1 per tonne to settle at RMB 2,917 per tonne. The prices in Lianyungang and Bayuquan have dropped by RMB 20 per tonne to settle at RMB 2,950 per tonne and RMB 3,050 per tonne. The price in Shanxi has fallen by RMB 10...
According to the Shanghai Metals Market, China's production of metallurgical-grade alumina in March 2023 (31 calendar days) increased by 8.5 per cent month-on-month to total 6.64 million tonnes. In February (28 calendar days), the output stood at 6.12 million tonnes versus 6.37 million tonnes in...
The average alumina spot price in China has dropped by RMB 2 per tonne on Wednesday, April 12, after remaining restrained for the past three days at RMB 2,920 per tonne, found the Shanghai Metals Market. Data shows the price has come in at RMB 2,918 per tonne as of April 12, marking a...
In South America, alumina production during February 2023 stood at 936,000 tonnes, reflecting a downfall of 9.39 per cent or 97,000 tonnes month-on-month, found the International Aluminium Institute. In January, the output was 1.033 million tonnes, slightly down by 0.86 per cent from 1.042 million...
Queensland Government has reportedly offered a grant of up to $2.17 million to Alpha HPA, the Australia-based and globally focused high-purity aluminium products manufacturer. The funding will be used to support Stage 2 of Alpha’s first high-purity alumina facility in Gladstone. In a statement to...
On April 3, scientists from the Institute of Minerals and Materials Technology (IMMT), Bhubaneswar, reported the estimated quantity of rare earth elements that can be recovered from red mud in Odisha, a toxic byproduct generated in abundance during the processing of bauxite into alumina. Rare earth...
Rusal's trade and production workers of its Jamaica facilities at Windalco, Port Esquivel, and Kirkvine have assured to report back to work when the business responds to claims granted by the Industrial Disputes Tribunal (IDT). On April 3, 2022, the workers took strike action in the morning by...
On Tuesday, April 4, the average alumina spot price slumped by RMB 12 per tonne to halt at RMB 2,921 per tonne. The prices in Henan and Shanxi have dropped by RMB 20 per tonne and RMB 15 per tonne to come in at RMB 2,960 per tonne and RMB 2,955 per tonne. In other provinces like Shandong and...
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Alumina production in Europe (inc. Russia) continued to fall during February 2023, marking the seventh consecutive month of decline. According to the International Aluminium Institute, Europe’s (inc. Russia) alumina output in the stated month stood at 492,000 tonnes, reflecting a month-on-month...
