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 global leader in bauxite, alumina and aluminium products Alcoa Corporation has agreed to sell its Gum Springs, Arkansas waste treatment facility in a $250 million transaction to Veolia ES Technical Solutions (VTS) in the first quarter of 2020. As per the terms of the agreement between the parties, Alcoa Corporation will be receiving $200 million in cash at closing for the sale of Elemental Environmental Solutions (EES), a 100% subsidiary of Alcoa Corporation that owns the 1,300-acre perilous waste treatment business in Gum Springs. The additional $50 million will be paid to Alcoa, after the satisfactory post-closing conditions. Alcoa Corporation in October’19 announced its intent to pursue sales of non-core assets over the next 12-18 months with the focus to generate between $500...
Hindalco Industries Ltd. announced during a filing to the BSE on 23 rd December’19 that it has resumed production at Muri alumina plant in Jharkhand. "This is to inform you that Muri refinery in Jharkhand has re-started production of alumina. Operations of the alumina plant of the company situated at Muri, Jharkhand, were suspended due to spillage in the red mud cake storage area. Going forward the company may not need to import alumina”. The plant commenced the start-up procedure only after receiving the consent letter to operate, from the Jharkhand State Pollution Control Board.
The average spot alumina price stands at RMB 2437 per tonne on Tuesday, 31 December 2019, up RMB 6 per tonne or 0.25 per cent from RMB 2431 per tonne on December 30. The average price of Alumina-North has increased by RMB 15 per tonne to stand at RMB 2450 per tonne. Source: Shanghai Metals Market Both bauxite and prebaked anode prices in the domestic China market have dropped on Tuesday, 31 December 2019. Bauxite (4.5≤Al/Si＜5.5)Henan has registered a drop of RMB10 per tonne to stand at RMB 400 per tonne. The average price is expected to move within a range of RMB 370-430 per tonne. The average price of Prebaked Anode in East China declines from RMB 2850 per tonne to RMB 2780 per tonne. A00 aluminium ingot price has extended its growth by RMB 30 per tonne to RMB 14540 per tonne on today....
According to a recent report, Vedanta’s Lanjigarh alumina refinery has won a prestigious Gold award under the Metals Sector at Frost & Sullivan’s India Manufacturing Excellence Awards 2019. Mr. Rakesh Mohan, Chief Operating Officer (COO) of Vedanta’s Lanjigarh unit, received the award on behalf of the company, and while collecting the award remarked: “Vedanta’s relentless focus on operational excellence and sustainability sees us constantly reinvent our own best practices and then achieves them. This award is a great testimony to our high-performance culture and world-class operations excellence. I’m delighted that the award citation called out our focus on customers, innovation, adaptation and operational flexibility as our key strengths.” India Manufacturing Excellence awards...
The spot alumina prices in China have increased in East and North markets. The average spot alumina price stands at RMB 2431 per tonne on Friday, 27 December 2019, after remaining flat at RMB 2427 per tonne on December 25 and December 26. This records a drop of RMB 4 per tonne or 0.16 per cent. Source: Shanghai Metals Market The average prices of Alumina-East and Alumina-North have risen by RMB 10 per tonne each to stand at RMB 2430 per tonne and RMB 2435 per tonne. Their average prices are expected to range at RMB 2410-2450 per tonne and RMB 2410-2460 per tonne. The prices of alumina in Central and South China markets remain unchanged at RMB 2450 per tonne and RMB 2520 per tonne. A00 aluminium ingot price has dropped by RMB 80 per tonne to RMB 14430 per tonne on December 27, from its...
The alumina import of China, the major raw material for the production of aluminium metal, has been accounted for 1.24 million tonnes during the first eleven months of the year’19, a rise of 167.51% as compared to the same period last year, as per the latest data from the Chinese customs department. In November’19, the alumina imports stood at 206,800 tonnes, following the intake inclined to 60% on the month and 397.9% on the year to 240,000 tonnes in October’19, whereas in the previous month September’19 the import stood at 147,800 tonnes. The Chinese customs data also published that China exported 10,700 tonnes of alumina previous month, taking the domestic net imports of alumina to 196,100 tonnes in November’19. In the first ten months of the year, China’s net import has amounted to...
According to a recent report, a full-scale safety mock drill was held at the alumina refinery of Utkal Alumina International Limited (UAIL) on Monday, December 23, complying with the decision of the District Crisis Group (DCG). Drill happens at a regular interval at UAIL for preparing employees for the emergency and various industrial crises and also for training them to avoid and escape from any hazardous industrial accidents. The drill on Monday was supervised by the members of DCG and Factory and Broiler Assistant Director Ranjit Naik, Rayagada District Fire Office K Somani, J.K Paper Mills MD Avesh, DK Samal, RR Biswal and Doraguda PS ASI AK Khillo. The unit head and president N Nagesh said drill any kind of feedback about the mock drill would be taken from the external team for...
Alumina market recovered from the price volatility of last year, which was driven by 50% capacity cuts in Alunorte alumina refinery, workers strikes in Alcoa refineries and sanctions against Rusal. Australian alumina FOB price, which shot up to US$ 710 per tonne in April 2018, plunged to the lowest at US$ 278.50 per tonne by the end of 2019. Global alumina output for the period from January-October 2019 stood at 110 million tonnes (IAI data), 1.8% more than 108 million tonnes in the same period of 2018. Metallurgical alumina production stood at 103 million tonne. China produced 66.49 million tonnes of alumina in the first eleven months of 2019, an increase of 1.8% from the same period last year. Slow restarting of primary aluminium capacities led to a build-up in alumina stocks in China...
After lowering for over two months ranging between RMB 2,624 per tonne and RMB 2,425 per tonne, the average spot price of alumina has recorded a slight rise of RMB 2 per tonne to come in at RMB 2,427 per tonne on December 24, according to Shanghai Metals Market. In the north China, the price has increased by RMB 5 per tonne to RMB 2,425 per tonne, while that in the east and central, and south, the price has remained restrained at RMB 2,420 per tonne and RMB 2,450 per tonne, and RMB 2,520 per tonne, respectively. The imported alumina price and the Australian alumina FOB price have also remained unchanged at RMB 2,500 per tonne and US$ 279 per tonne, respectively. The A00 aluminium ingot price has also registered a growth today, on December 24, of RMB 40 per tonne to RMB 14,480 per tonne,...
Emirates Global Aluminium announced that its Al Taweelah alumina refinery in Abu Dhabi produced one million tonnes of alumina since operations started in April. The refinery is now expected to reach sustained production at its nameplate capacity during the first half of 2020. Once fully-ramped up, the output is projected to reach some two million tonnes of alumina per year. Abdulla Kalban, Managing Director and Chief Executive Officer of EGA, said: “We are pleased with the progress so far at Al Taweelah alumina refinery and we are on track to deliver a world-class ramp-up. Our preparations to operate Al Taweelah alumina refinery safely and efficiently began when the project was still on the drawing board. These plans are being effectively put into action by our operations team of global...
The benchmark alumina price according to Fastmarkets MB alumina index fob Australia will remain steady around US$280 per tonne at the end of the week despite Hydro’s announcement on Thursday December 19 about 50-70% production cut at its Alunorte alumina refinery for a temporary period. Australian Alumina FOB Price, according to Shanghai Metals Market stands unchanged at US$ 278.50 per tonne. The highest in the year was US$ 422 per tonne in April and it has been constantly falling due to an oversupplied market. Average imported alumina price in China also stands unchanged at US$356 per tonne. Imported alumina prices are constantly on a downward curve and stood at US$363 per tonne in the beginning of December. Hydro cut production at its Brazil Alunorte refinery on Thursday after power cut...
Rio Tinto and Hydro recently executed the first ever paperless trade in the alumina commodity segment. Both the companies used the CargoDocs solution from essDOCS for the transaction. This also marks the first ever paperless trade solution for alumina shipment by any company and also the first use of the solution by Rio Tinto, Hydro and ship-owner IVS Bulk. The transaction was done on a cargo of bulk alumina transported from Australia to China. While Rio Tinto Aluminium Limited was the Supplier, Hydro Aluminium International S.A and Hydro Aluminium (Beijing) Ltd were the Cargo Receivers. CargoDocs solution handled all the supporting documents in the transaction including electronic Bill of Lading (eB/L) and also the key actions like drafting, collaborative review, sign, issue, transfer...
FYI Resources Limited has reportedly received R&D tax incentive rebate payment of $250,000, which is meant for the expenditure on the development of innovative process design to refine high purity alumina (HPA) from aluminous clay known as kaolin. Kaolin for the proposed high purity alumina (HPA) refinery will be sourced from FYI’s 100 per cent owned Cadoux Kaolin Project in Western Australia. In early October, FYI announced that it received successful results from its recently completed HPA pilot plant trial. As per the firm, the plant operated trial run continued from October 2 to October 9, of which the results averaged 99.995 per cent Al2O3, well above the company’s target grade of 99.99 per cent Al2O3. The results also demonstrated operational improvements in the plant that would be...
China’s production of alumina stood at 5.67 million tonnes in November, with a year-on-year drop of 9.7 per cent, showed the latest data from the National Bureau of Statistics (NBS). China produced 66.49 million tonnes of alumina in the first eleven months of 2019, a drop of 0.7 per cent from the same period last year. Alumina production increased by 4.4 per cent in the first ten months of this year. NBS data also showed that China’s primary aluminium production declined 3.2 per cent from a year ago to 2.9 million tonnes in November. Aluminium production in the first eleven months of 2019 totalled 32.13 million tonnes, down 0.6 per cent from the same period last year. The World Bureau of Metal Statistics (WBMS) reported on Tuesday that the world primary aluminium market saw a deficit of...
Alcoa Corporation will permanently close its Point Comfort alumina refinery in Texas, which has been idled since 2016. The refinery, which had 2.3 million tonnes of annual alumina capacity, is a part of Alcoa World Alumina and Chemicals (AWAC), a group of companies owned 60 percent by Alcoa and 40 percent by Alumina Limited. Alcoa President and Chief Executive Officer Roy Harvey said: “We operate one of the world’s largest alumina refining systems, and we are committed to maintaining our strong, first-quartile position. While this decision is difficult because of the long history of operations in Point Comfort, we must eliminate unprofitable capacity and continue to improve our Company for the long term.” In October, the company announced that it was conducting a review of its global...
As shown by the latest US Geological Survey data on bauxite and alumina imports in the third quarter of 2019, the United States imported 929,000 tonnes of crude and dried bauxite, less 10% per cent from Q2 2019 and 5 per cent from the same period last year. The volume is slightly more than those in the third quarter of 2018. With this, the US' total bauxite imports in the first three quarters of 2019 stood at 2.7 million tonnes. Jamaica (75%), Brazil (17%), and Guinea (6%) were the leading sources of crude and dried bauxite imports in the third quarter of 2019. According to the data, Jamaica supplied 696,000 tonnes, while Brazil supplied 157,000 tonnes in Q3 2019. Imports of alumina during Q3 2019 were 479,000 tonnes, 30% more than the revised amount in the Q2 2019, 8% more than those in...
The Lanjigarh alumina refinery of Vedanta Limited received the Greentech Safety Awards 2019 at the 18th Annual Greentech Occupational Health, Safety and Disaster Management Conference for exceptional performance in the field of safety at the workplace. Mr. Misbah Uddin Khan, Head – Health – safety-Environment, Vedanta Lanjigarh unit received the platinum award under the Mines & Metal category, organised by Greentech Foundation. Mr. Rakesh Mohan, Chief Operating Officer – Vedanta Lanjigarh said: “Our motto of achieving Zero Harm is the driving force that ensures safety of all. This accolade is a recognition of our relentless efforts towards safety of all our community, associate partners, employees and families. With safety as our foremost pillar, Vedanta is continuously striving for a...
The average spot price of alumina in China continues to plunge for the fifth day in a row on December 12 by RMB 10 per tonne to RMB 2,429 per tonne, found Shanghai Metals Market. In all the major markets in the east, north, and central as well, the price has declined by RMB 10 per tonne to RMB 2,430 per tonne and RMB 2,450 per tonne, respectively. In the south, however, the price has remained restrained at RMB 2,520 per tonne. The imported alumina price and also the Australian Alumina FOB price have shown no sign of change from RMB 2,500 per tonne and US$ 280 per tonne. The A00 aluminium ingot price has also recorded a drop today, on December 12, despite the further fall in primary aluminium inventories. According to SMM, the aluminium ingot price has come in at RMB 14,080 per tonne after...
