China-based China Aluminum International Engineering Co., Ltd. (CHALIECO) has won a bid for an engineering, procurement and construction (EPC) contract valued at approximately USD 833 million for a proposed alumina project in Vietnam, adding to investment activity in the country’s mineral processing sector. The project, being developed by Binh Phuoc Ore Mining and Beneficiation Joint Stock Company, is designed to process 2.4 million tonnes of alumina annually. The proposed contract is valued at around CNY 5.595 billion (USD 839.04 million), with completion expected within 27 months of the contract’s effective date. CHALIECO to oversee turnkey refinery development Under the proposed turnkey arrangement, CHALIECO’s responsibilities will cover the full project delivery process, from...
Chevron Australia has entered a new natural gas supply agreement with South32’s Worsley Alumina business, reinforcing the importance of reliable energy supplies to Australia’s alumina refining industry. The deal will support operations at the Western Australian facility, where energy availability remains central to mineral processing and industrial activity. Under the contract, Chevron will supply natural gas to South32 Worsley Alumina Pty Ltd from 1 January 2028. The arrangement continues a longstanding commercial relationship between the companies, with the fuel allocated to the alumina producer’s processing requirements. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade...
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The average spot alumina price in China is up by RMB 10 per tonne or 0.40 per cent on Thursday, 20 February 2020. Alumina price stands at RMB 2503 per tonne, after rising by RMB 7per tonne on February 19. Alumina prices have increased across all major markets in China, except South. The prices of alumina in East, Central, and North China markets have climbed by RMB 10 per tonne each to stand at RMB 2510 per tonne, RMB 2510 per tonne, and RMB 2520 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne. Alumina (Imported) price stands at RMB 2540 per tonne on Thursday, 20 February 2020, after remaining flat at RMB 2520 per tonne for nine days. The average price is up by RMB20 per tonne and expected to range within RMB 2500-2580 per tonne. Australian alumina FOB price stands USD 14...
According to Shanghai Metals Market survey, alumina prices are likely to extend growth in the near term, as production cut in refineries is increasing, and so is the imbalance between demand and supply on the continued virus impact. The amount of capacity cut at Chinese alumina refineries due to the coronavirus outbreak has increased to 4.6 million tonnes per year. Thus, the domestic alumina capacity in operation has reduced to 62.21 million tonnes per year, as of February 18, found SMM. In Shanxi, about 3.8 million tonnes per year of capacity has been reduced, while that in Henan 200,000 tonnes per year. The shortage of domestic bauxite and coal gas has also been responsible for the alumina production cut. An alumina refinery in Xiaoyi at Shanxi province has scaled back operations and...
The average alumina spot price in China has extended its rise by RMB 7 per tonne to RMB 2,493 per tonne, as of Wednesday, January 19, according to Shanghai Metals Market. The growth rate is 28 per cent, higher than the previous day. This month has been seeing a positive trend in the alumina spot price as it has rallied from RMB 2,454 per tonne to RMB 2,493 per tonne, with only two intermittent restraints. In the east and north, the price has increased by RMB 10 per tonne to RMB 2,500 per tonne and RMB 2,510 per tonne, while that in the central and south has remained unchanged at RMB 2,500 per tonne and RMB 2,520 per tonne. The Australian alumina FOB price has also remained restrained at US$ 285 per tonne, as of today, February 19. The average A00 aluminium ingot price in the spot market...
The average spot alumina price increased by RMB 6 per tonne or 0.24 per cent on Tuesday, 18 February 2020, after remaining flat on February 14 and February 17. Alumina price in China stood at RMB 2486 per tonne, from RMB 2480 per tonne. The prices of alumina rose across East and Central China markets today. Alumina prices in East and Central markets climbed RMB 10 per tonne each to stand at RMB 2490 per tonne and RMB 2500 per tonne. Their average prices are expected to range at RMB 2480- 2500 per tonne and RMB 2480-2520 per tonne. In North and South markets, the price remained unchanged at RMB 2500 per tonne and RMB 2520 per tonne. After a continuous fall for the past four days in a row, A00 aluminium ingot price in China recorded a hike by RMB 60 per tonne to stand at RMB 13610 per...
Mining giant Rio Tinto has reportedly started dismantling its inoperative Gove refinery in East Arnhem Land in the Northern Territory of Australia. The refinery was mothballed in 2014, causing job loss to 1,000 workers. Smokestacks of the refinery have been already scaffolded and stripped down, with work starting on sections posing hazards to both humans and the environment. "It's all about taking down parts of the refinery that are at high risk and would make it unsafe for our people to work in the refinery area," said Gove operations general manager Alysia Tringrove. She also said that this would continue through 2020. But since plant removal is a slow process, it may not be finished until the eventual ceasing of mining, expected by 2030, according to Rio Tinto. "We're still very much...
The average spot price of alumina continued to inch higher over the week. After remaining flat on Friday, the price rose by RMB 6 per tonne and RMB 4 per tonne to RMB 2467 per tonne and RMB 2471 per tonne on February 10 and February 11. The alumina price on Thursday stood RMB 4per tonne higher at RMB 2480 per tonne. The price did not show any movement on Friday. Other raw materials like Bauxite (6.0≤Al/Si＜7.0)Shanxi, Australian Alumina FOB Price and Prebaked Anode East are currently hovering at RMB 560 per tonne, USD 285 per tonne and RMB 2790 per tonne as of Friday, February 14. A00 aluminium ingot price started the week with an increase of RMB 40 per tonne on Monday, February 10. The price performed higher at RMB 13600 per tonne and RMB 13740 per tonne on Monday and Tuesday. But the...
New South Wales-based $200 million worth advanced manufacturing business Alpha HPA has reportedly selected Gladstone over two potential sites in Newcastle and Kwinana for its high purity alumina industrial plant. Negotiation of final purchase terms for the land with the state government will be done soon. The news came after Queensland’s Minister for Manufacturing Cameron Dick officially announced this on Tuesday, February 11. While announcing the news, the Minister also spoke about the rapidly-growing market of high purity alumina, mostly driven by the demand for high-technology items like lithium-ion battery separators used in electric vehicles, particularly in Europe and China. With the port nearby which is export-ready and likely suppliers closeby whose by-product will be used to...
Hydro has begun operation of new a new water treatment station at its Alunorte alumina refinery in Brazil. This comes after Hydro received an operating license from the Secretary of State for Environment and Sustainability (Semas) on January 24, 2020. Hydro said the BRL 675 million ($160 million) project prepares the alumina refinery for future climate change. The project is a part of a modernization of the refinery's effluent management system. “This investment is in line with the company's goal of making Alunorte a global reference in efficiency, safety and quality for the aluminium sector,” says Carlos Neves, Director of Operations of Bauxite & Alumina in Hydro. The project also has new wastewater and rainwater containment basins, new carbon steel pipes and repowering pumps for...
Recording a rise for the fourth consecutive day, the average alumina spot price in China has come in at RMB 2,480 per tonne on Thursday, February 13, found Shanghai Metals Market. The price has increased by RMB 4 per tonne from RMB 2,476 per tonne yesterday, February 12. While in the east, central, and south, the alumina price has remained restrained, the price in the north has grown by RMB 10 per tonne to RMB 2,500 per tonne. In the east, the price is hovering at RMB 2,480 per tonne and in the central and south at RMB 2,490 per tonne and RMB 2,520 per tonne, respectively. But despite the rise in alumina price, the price of A00 aluminium ingot has recorded a drop of RMB 40 per tonne to RMB 13,610 per tonne, for the second consecutive day. The average prices are expected to range between...
The average spot alumina price has extended growth by RMB 5 per tonne on Wednesday, 12 February 2020. The price now stands at RMB 2476 per tonne. The alumina prices in China have increased in Central and North markets. Image Source: Shanghai Metals Market The average prices of Alumina-Central and Alumina-North have increased by RMB 5 per tonne each to stand at RMB 2490 per tonne each. Their average prices are expected to range at RMB 2480-2500 per tonne and RMB 2480-2500 per tonne. The price in North and South markets remain unchanged at RMB 2480 per tonne and RMB 2520 per tonne. A00 aluminium ingot price registers a drop after five days of increase. Ingot price on Wednesday, 12 February 2020 has declined from RMB13740 per tonne to RMB13650 per tonne, representing a fall of RMB90 per...
Showa Denko (SDK), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries, has developed an artificial intelligence-based image analysis system for spherical alumina production in a combined effort with BLUE TAG. In April’20 SDK will start using the system at its production line. Spherical alumina is produced from molten material, using surface tension. The product is in the form of particles with diameters ranging from several microns to 70 um. The high fluidity and compatibility nature make it use as filler for heat sinks for electronic components and as abrasive. In the production process, operators visually inspect the product using optical microscopes to see if there is a defect in sphericity. Production...
Hydro released results for the fourth quarter of 2019. Underlying EBIT for Bauxite & Alumina decreased compared to the fourth quarter of last year. Underlying EBIT for Bauxite & Alumina dropped from NOK 493 million in Q4 2018 to negative NOK 75 million in Q4 2019, driven by a decrease in the realized alumina sales price, partly offset by positive effects from increased production following the lifting of the production embargo on May 20, 2019, and positive currency effects. “The federal court in Belém, Brazil, lifted the final embargo on Alunorte’s new bauxite residue disposal area (DRS2) on September 26, 2019, allowing Alunorte to resume activities of installation and commissioning at DRS2, ending a 19-month embargo period which had restricted activities at the plant. Alunorte, with an...
The average spot alumina price stands at RMB 2471 per tonne on Tuesday, 11 February 2020, an increase of RMB 4 per tonne from RMB 2467 per tonne. The alumina prices in China have increased in all major markets except South. The average prices of Alumina-East and Alumina-Central have risen by RMB 5 per tonne each to stand at RMB 2480 per tonne and RMB 2485 per tonne. Their average prices are expected to range at RMB 2470-2490 per tonne and RMB 2470-2500 per tonne. The price in North market is up by RMB 5 per tonne to stand at RMB 2485 per tonne. South China market remains unchanged at RMB 2520 per tonne. Australian alumina FOB price stands USD 5 per tonne higher at USD 285 per tonne on Tuesday, 11 February 2020, after remaining flat at USD 280 per tonne for three days. A00 aluminium ingot...
The average alumina spot price has increased in China by RMB 6 per tonne after remaining restrained for a day, found Shanghai Metals Market. The price, as of today, February 10, is hovering at RMB 2,467 per tonne. In the east and north, the price has recorded a rise of RMB 20 per tonne and RMB 10 per tonne to come in at RMB 2,475 per tonne and RMB 2,480 per tonne, respectively. In the central and south, the price has remained restrained, however, at RMB 2,480 per tonne and RMB 2,520 per tonnes. The Australian alumina FOB price has also registered no change from US$280 per tonne since the 5th of February, showed SMM data. The price of A00 aluminium ingot has also grown today for the fourth consecutive day from RMB 13,560 per tonne to RMB 13,600 per tonne, according to SMM. The average...
The average spot alumina price stands at RMB 2461 per tonne on Thursday, 06 February 2020, an increase of RMB 5 per tonne or 0.20 per cent from RMB 2456 per tonne. The alumina prices in China have increased in East and Central markets. The average prices of Alumina-East and Alumina-Central have risen by RMB 5 per tonne and RMB 10 per tonne to stand at RMB 2455 per tonne and RMB 2480 per tonne. Their average prices are expected to range at RMB 2440-2470 per tonne and RMB 2470-2490 per tonne. The price in North Central and South China markets remain unchanged at RMB 2470 per tonne and RMB 2520 per tonne. Alumina (Imported) price has increased to RMB 2520 per tonne, representing an increase of RMB 20 per tonne or 0.80 per cent from RMB 2500 per tonne. The last drop was on December 11, 2019....
Alcoa Corporation has completed the sale of its subsidiary firm Elemental Environmental Solutions LLC (EES), which operates a 1,300-acre hazardous waste treatment business in Gum Springs, Arkansas. The news came after the US-based world’s eighth-largest aluminium producer announced this today, February 4. The firm is sold to Veolia ES Technical Solutions LLC (VTS) at $250 million, of which $200 million Alcoa received in cash upon closing of the sale on January 31, 2020, as per the terms of the agreement. The remaining $50 million is to be paid to Alcoa after the satisfactory post-closing conditions. The EES sale is part of Alcoa’s plan to pursue non-core asset sales, with the goal to generate between $500 million to $1 billion in cash. Alcoa expects the EES sale to bring a gain of...
The average spot alumina price stands at RMB 2456 per tonne on Tuesday, 04 February 2020, an increase of RMB 2 per tonne or 0.08 per cent, after remaining flat since January 14 at RMB 2454 per tonne. The average price of Alumina-North is up by RMB 5 per tonne to stand at RMB 2470 per tonne. The average price is expected to range at RMB 2460-2480 per tonne. The average prices of Alumina-East, Alumina-Central and Alumina-South remain unchanged at RMB 2450 per tonne, RMB 2470 per tonne and RMB 2520 per tonne. Prebaked anode prices in East and Central China markets have edged higher by RMB 10 per tonne each. As of Tuesday, 04 February 2020, prebaked anode prices are likely to range at RMB 2620-2960 per tonne and RMB 2670-3030 per tonne. The average prices stand at RMB 2790 per tonne and RMB...
The global trade data suggests a year-on-year drop of 14 per cent in the Netherlands’ total alumina imports in 2020. From 1.45 million tonnes in 2019, the imports at the end of 2020 are likely to come in at 1.24 million tonnes, showed the data. Jamaica is expected to continue as the main exporter to the Netherlands, but the volume to dip from the year last. In contrast to 731,796 tonnes in 2019, Jamaica’s exports to the Netherlands this year are estimated to stand at 571,081 tonnes. This represents a year-on-year decrease of 22 per cent; in tandem with the drop in the Netherlands’ total alumina imports. The country’s imports in 2018 were 1.19 million tonnes after a growth of 2.58 per cent from 1.16 million tonnes in 2017. 2019 also saw an increase in the Netherlands’ alumina imports by...
