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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Norsk Hydro announces with a press release that The Federal Court in Belém, Brazil lifted the embargo on Alunorte's new bauxite residue disposal (DRS2) under the civil lawsuit on September 20. It is to be noted that Alunorte is still subjected to another embargo on DRS2 under a criminal lawsuit. Alunorte is expecting an extension of the civil decision to the criminal case. Till the criminal case is lifted on DRS2, Alunorte will continue utilizing the old bauxite residue disposal area (DRS1). The embargo in the civil case was lifted after Ministério Público and Alunorte had submitted a joint petition to the federal court on August 30 for lifting the ban. “This is an important step towards resuming installation and commissioning activities of the solid residue deposit DRS2. It is a...
According to Shanghai Metals Market, the average spot price of alumina has extended its rise today, September 20, by RMB 13 per tonne to stand at RMB 2,592 per tonne to conclude the week with another price hike. This marks the two consecutive rises in alumina spot price after two days of restraints at RMB 2,569 per tonne on Tuesday (September 17) and Wednesday (September 18). Other than in the east, the alumina price has recorded an increase in the central, north, and south by RMB 20 per tonne and RMB 10 per tonne to RMB2,610 per tonne, RMB 2,600 per tonne, and RMB 2,520 per tonne, respectively. In the east, the price has remained restrained at RMB 2,590 per tonne. The Australian alumina FOB price, on the other hand, has dropped by US$3 per tonne to US$ 292 per tonne, as of September 20....
The average spot alumina price increased by RMB 10 per tonne or 0.39 per cent on Thursday, 19 September 2019, after remaining flat on September 17 and September 18. Alumina price in China stood at RMB 2579 per tonne, from RMB 2569 per tonne. The prices of alumina rose across East and Central China markets today. Alumina prices in East and Central markets climbed RMB 20 per tonne each to stand at RMB 2590 per tonne each. Their average prices are expected to range at RMB 2570- 2610 per tonne and RMB 2580-2600 per tonne. In North and South markets, the price is unchanged at RMB 2590 per tonne and RMB 2510 per tonne after it rose from RMB 2560 per tonne and RMB 2505 per tonne on September 16. Australian alumina FOB price registered an increase of USD 2 per tonne on Thursday, 19 September...
A recent report shows the revenues of Aughinish Alumina refinery in 2018, ended on December 31, increased by 15 per cent over the year to stand at $757.1 million (€684 million) in spite of the US Treasury sanctions imposed on Aughinish’s parent company Rusal. During the time of the sanctions, the US treasury department had permitted the Rusal group to continue operating at Aughinish Alumina by issuing it with a number of general licenses. But despite the higher revenues, pre-tax profits of the company decreased by 19 per cent to $40.9 million in 2018, primary because of the increased operating costs by about 18 per cent from $606.53 million in 2017 to $715.2 million. Staff costs also grew from $52.8 million to $57 million that includes directors’ remuneration of $1.36 million. Directors...
Altech Chemicals Limited has announced that it has received an invitation from the state government of Saxony, Germany for the construction of its next high purity alumina (HPA) plant in the state in the industrial area of Schwarze Pumpe. As HPA is a critical component in the lithium-ion battery materials supply chain, an Altech HPA plant in Saxony would be perfectly positioned to cater to the region’s efforts to create a major electric vehicle battery industry. The automobile industry is one of the key segments of Saxon industry, with production sites for Volkswagen, BMW, Porsche and Daimler. Saxony is a leading engineer training ground and has excellent research facilities. The country also boasts the best road network and strong rail transport. Its ports are also well connected in...
According to the global export-import data, the United Arab Emirates’ alumina imports from India is likely to drop marginally this year, in tandem with the current estimation of year-on-year decline in the UAE’s total imports of alumina. In 2019, the country’s alumina imports from India are estimated to come in at 607,085 tonnes, down 1 per cent year-on-year. The country’s total alumina imports are currently estimated to decline by about 4 per cent from 1.03 million tonnes in 2018 to 986,118 tonnes in 2019. But as far as the UAE’s alumina imports from Indonesia are concerned, the volume is estimated to grow this year by around 8.4 per cent to 296,168 tonnes. {newsStudioGallery} As the above graph shows, the United Arab Emirates’ alumina imports from India had even dropped in 2018 from...
After remaining restrained at RMB 2,547 per tonne from September 6-12, the average spot price of alumina has recorded a growth of RMB 22 per tonne today, on September 16, to stand at RMB 2,569 per tonne, found Shanghai Metals Market. Witnessing the highest rise the alumina spot price in the north has grown by RMB 30 per tonne to RMB 2,590 per tonne. In the east and central, the price has increased by RMB 20 per tonne, on the other hand, to stand at RMB 2,570 per tonne, while that in the south is standing at RMB 2,510 per tonne after climbing up by RMB 5 per tonne. The Australian alumina FOB price has remained muted at US$ 293 per tonne since September 11, according to Shanghai Metals Market data. Among the other input costs, the price of aluminium powder has recorded a decline by RMB 0.10...
The month of September marks the end of third quarter of the financial year for a number of companies. The month indicates how the market and industry is going to turn out in the next quarter. Let’s browse through how the alumina industry and the market fared in the first two weeks of September. Shanghai Metals Market reported that the alumina output in China stood at 5.82 million tonnes in August, with metallurgical-grade alumina accounting for 5.57 million tonnes. Daily average production of metallurgical-grade alumina dropped 2.2 per cent month-on-month to 180,000 tonnes in August. Lower output at at a number of refineries led to this drop. Because of sluggish alumina prices and bauxite supply tightness, these alumina producers had to cut their productions. In September, the total...
Shanghai Metals Market found the alumina output in China stood at 5.82 million tonnes in August, with metallurgical-grade alumina accounting for 5.57 million tonnes. Daily average production of metallurgical-grade alumina came in at 180,000 tonnes in August, down 4,000 tonnes or 2.2 per cent month-on-month. Lower output at Xing’an Chemicals, Henan Huiyuan, Henan Zhongmei, Bosai Group’s Shuijiang project, Shanxi Zhaofeng, East Hope’s Lingshi refinery, and SPIC Shanxi New Energy could be the reason for the drop in daily average alumina production. Because of sluggish alumina prices and bauxite supply tightness, these alumina producers had to cut their productions. In September, the total production is expected to reach 5.8 million tonnes, including 5.56 million tonnes of metallurgical-grade...
The 8th International IBAAS-GAMI 2019 conference and exhibition concluded successfully on September 7, 2019 in Guiyang China. About 280 delegates from all over the world participated in this mega Aluminium event in Guiyang during September 4 to 6. 2019. The conference was inaugurated by officials from CHINALCO, CHALIECO, International Aluminium Institute (IAI), IBAAS and JNARDDC, India. The inaugural function was conducted by Mr. Yuan Chi, Director of GAMI. Dr. Nandi, President IBAAS welcomed the delegates while highlighting the objectives and activities of IBAAS. Mr. Zhang Chengzhong, Deputy General Manager, CHINALCO, China spoke about the exponential growth of alumina & aluminium industry in China and the focus on improvement in production quality. The China Government is careful...
The Netherlands is home to one of the notable aluminium smelting operations in the world - Delfzijl aluminium smelter in Farmsum, and is the ninth largest export economy in the world, of which aluminium accounts for US$ 1.74 billion on average. This indicates the requirement of a considerable amount of alumina in the Netherlands. {newsStudioGallery} Source: https://www.statista.com As the graph above shows the Netherlands' alumina imports have been rising consistently over the years, let us here analyse the country's imports trends from two of the most significant suppliers - Jamaica and Ireland. Jamaica has always been the top exporter of alumina to the Netherlands, irrespective of the fluctuation in volume. In 2016, the Netherlands had imported 276,788 tonnes of alumina from Jamaica,...
Michael Peter Ferraro, Alumina Limited - MD, CEO & Executive Director forecasts a modest surplus of alumina during the remaining months of 2019. He also forecasts on the Chinese alumina supply/demand balance over the next few years. He sees small alumina surpluses of around 0.5 million tonnes or less in each of the next 3 years. He said this during H1 earning presentation of Alumina Ltd. The company reported about 20 million bauxite production and 6.2 million tonnes of alumina production in H1 2019. It sticks to a full year production guidance of 12.6 million tonnes of alumina for 2019. Over H1 2019, the alumina price ranged between US$418 and US$321 per tonne, and AWAC's realized price averaged US$375. The alumina market headed from a balance in H1 2019 to a small surplus outside of...
Washington Mills has developed a process to collect spent fused alumina and recycle it back into the manufacturing process. Washington Mills is the sole manufacturer of fused alumina in the U.S., which is widely used as a raw material in refractories. Over 150,000 tonnes of fused alumina is consumed in the U.S. every year with a very small portion of that is recycled. Prices for the raw materials used to manufacture fused aluminium oxide have increased to the highest levels in history. Bauxite prices have also more than doubled and the reserves are depleting, the factors being growing demand from China, strict environmental controls on calcined bauxite and increased logistic and power costs. This has encouraged the need for the recycling of aluminium oxide or alumina. Spent aluminium...
According to Shanghai Metals Market, the average spot price of alumina has extended its rise today, on September 6, by RMB 5 per tonne to stand at RMB 2,547 per tonne. In the central and south, the price has grown by RMB 10 per tonne to RMB 2,550 per tonne and RMB 2,505 per tonne, while that in the east and north has remained restrained at RMB 2,550 per tonne and RMB 2,560 per tonne, respectively. The Australian alumina FOB price has also remained unchanged at US$296 per tonne, found Shanghai Metals Market. Backed on the incessant rise in alumina spot price and on the decline in primary aluminium inventories on Thursday, September 5, the A00 aluminium ingot price has also grown today, on September 6, by RMB 20 per tonne to RMB 14,420 per tonne, according to SMM. The average prices are...
As on Thursday, 05 September 2019, the average spot price of alumina further recorded an increase of RMB 9 per tonne or 0.36 per cent from September 4. The price stood at RMB 2542 per tonne. The prices of alumina rose across major China markets today. The average alumina spot price in South China market rose to RMB 2495 per tonne today, up RMB 5 per tonne from its previous price. Alumina prices in East and Central climbed RMB10 per tonne each to stand at RMB2550 per tonne and RMB2540 per tonne. Alumina price in North China is up by RMB 10 per tonne at RMB 2560 per tonne as of September 05. A00 aluminium ingot price remained unchanged at RMB 14400 per tonne as of Thursday, 05 September 2019. The average prices are expected to range between RMB 14380 per tonne and RMB 14420 per tonne....
On September 3, the Ministry of Transport and Mining reportedly confirmed that the alumina production at JISCO-Alpart refinery in St. Elizabeth would be temporarily suspended, as the second phase of modernisation and expansion programme would be starting with the next 30 to 60 days. The temporary shutdown of the refinery operation would be resulting in job cuts of the present employees, said the Ministry. On August 25, the leadership of the People's National Party's (PNP) Region Five had told Comrades at a Regional Executive Council (REC) meeting that they should expect a closure of the bauxite/alumina JISCO Alpart plant in Nain soon. As per the report, the Transport and Mining Ministry has yet not given out the detail of the exact number of workers who would be made jobless. But a...
After gliding down through July and remain restrained until the mid of August, the average alumina spot price started spurring significantly and reached RMB 2,533 per tonne, as of Wednesday, September 4, found Shanghai Metals Market. Month-on-month, the alumina price is standing high by RMB 91 per tonne or 4 per cent from the same period last month. However, since the alumina price rise has not touched upon all the major markets in China today, the prices in the east, central, and north have remained unchanged at RMB 2,540 per tonne, RMB 2,530 per tonne and RMB 2,550 per tonne, respectively. Only in the south, the alumina price has increased by RMB 30 per tonne to RMB 2,490 per tonne. Backed on this, the A00 aluminium ingot price has recorded a rise as well by RMB 10 per tonne to RMB...
The 8th International IBAAS-GAMI Conference & Exhibition jointly organized by IBAAS and GAMI will open its door to the national and international delegates on September 4, 2019 at Renaissance Guiyang Hotel in the picturesque city of Guiyang, China. The three day event which will be concluded on September 6 will discourse upon the theme of “Technological Advances in Alumina, Aluminium Smelter, Downstream Fabrication, Energy Conservation, Environmental Protection and Smart Manufacturing with Special Reference to China”. 75 top delegates from the various prestigious companies and associations from the aluminium supply chain have confirmed their presence for the conference. One of the key conferences for the aluminium value chain, IBAAS this year has formulated a world class program focusing...
