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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Spot alumina prices in China dropped further on Monday throughout all the major markets. On July 22, the average alumina price stood at RMB 2527 per tonne, a decline of RMB 20 per tonne from RMB 2547 per tonne. Spot alumina prices in East China, Central China, North China, and South China markets fell by RMB 20 per tonne each. The average prices of alumina (East China), alumina (Central China) alumina (North China), and alumina (South China) stood at RMB 2540 per tonne, RMB 2540 per tonne, RMB 2510 per tonne, RMB 2535 per tonne respectively on July 22. On July 22, Australian alumina FOB price came in at USD 299 per tonne, down 0.33 per cent from its previous price of USD 300 per tonne. A00 aluminium ingot price stood at RMB 13850 per tonne on Monday, 22 July 2019, down 70 RMB from its...
Alumina Limited has reported the result highlights for Alcoa Corp’s 2Q 2019 bauxite and alumina segment. Alcoa’s bauxite and alumina segment is represented by Alcoa Worldwide Alumina and Chemicals (AWAC), a joint venture which is owned 40% by Alumina Limited and Alcoa owns the remaining 60% and is the manager/operator of AWAC's operations. AWAC Mining Business reported 10.8 million tonnes of bauxite production in Q2 2019, down 3.5% from 11.2 million tonnes in Q1 2019. The bauxite mining business covers wholly owned bauxite mines plus equity share of CBG and MRN. Alumina Refining Business reported alumina production of 3.1 million tonnes in Q2 2019, flat from the reported production in Q1 2019. The production result is excluding the share of Ma’aden refinery. Alumina Limited’s CEO, Mike...
South32 reported alumina production of 5.05 million tonnes in FY19, as compared to 5.06 million tonnes in FY18. In Q4 FY19, alumina production increased 9% quarter-on-quarter to 1.3 million. Production at Worsley Alumina increased 1% year-on-year to 3.79 million tonnes in FY19. In Q4 FY2019, alumina production stood at 996,000 tonnes, up 12% QoQ, due to uplift in calciner availability. “Calcined alumina production is expected to approach nameplate capacity of 4.6Mt (100% basis) in FY20 as we further benefit from initiatives that are expected to sustainably improve calciner availability and the refinery processes excess hydrate stocks,” South32 said. Sales from Worsley Alumina rose 2% YoY to 3.85 million tonnes in FY19. Production at Brazil Alumina decreased 4% YoY to 1.25 million tonnes...
A project for replacement of gas cleaning equipment of a sintering shop has been launched at Aluminium of Kazakhstan JSC, an enterprise of The Eurasian Resources Group (ERG). The project with an investment of 200 million euro will be completed in phases, a company statement confirmed. Aluminium of Kazakhstan JSC is the only enterprise in Kazakhstan to produce alumina. It operates the Pavlodar Alumina refinery with an annual capacity of 1.4 million tonnes. According to the statement, electrofilter reconstruction project was launched at the Pavlodar Alumina Refinery. The project was launched as an important step towards safety and sustainability in alumina and aluminium production. According to the head of the department of environmental protection Rinat Sarlybayev, this is a modern...
According to data released by the National Bureau of Statistics (NBS) on Thursday, July 11, China’s alumina production in June recorded a rise by 5.4 per cent year on year to come in at 6.41 million tonnes. It is the highest monthly figure since May 2017, as per the data published on bureau’s website. In April, China’s alumina output had increased by 4.2 per cent year on year to stand at 6.28 million tonnes, the highest monthly total for the aluminium raw material in records on the bureau’s website since June 2017. NBS also showed that China’s aluminium production in June totalled 2.97 million tonnes of, down 2.98 million tonnes in May but up 1.3 per cent year-on-year. On a daily basis , China’s June aluminium output hit record levels at 99,000 tonnes, up from 96,000 tonnes in May and...
Altech Chemicals Limited has provided an update on the current status of Stage 1 construction activities at its high purity alumina (HPA) plant site in Johor, Malaysia. Stage one construction work is progressing as planned. They have finished erection of the steel structure for the maintenance workshop frame and roof. The cladding of the roof and canopy is also complete. Altech updates that the installation of internal mezzanine flooring and cladding of the building walls is currently going on. About 90% of work is finished on the wall construction along both the western and eastern site boundaries. The internal site retaining wall construction is complete and the area is currently undergoing backfilling. Construction is going on for the on-site detention (OSD) storm water tanks according...
As on Tuesday, 16 July 2019, the average spot alumina price stands at RMB 2547 per tonne, down by RMB 35 per tonne from its previous price of RMB 2582 per tonne on July 15. Average alumina price in East China is hovering around RMB 2650 per tonne, down RMB 30 per tonne from its previous price. Alumina Central China stands at RMB 2560 per tonne, down RMB 30 per tonne from RMB 2590 per tonne. Alumina price in North China has dropped by RMB 40 per tonne to stand at RMB 2530 per tonne, and Alumina South China is down RMB 35 per tonne at RMB 2555 per tonne. Australian alumina FOB price has decreased by USD 10 per tonne to USD 300 per tonne on Tuesday, 16 July 2019. Alumina (Imported) is down RMB 50 per tonne or 1.67 per tonne at RMB 2950 per tonne. The average price is expected to range within...
AlCircle has again come up with an informative report “Red Mud (Bauxite Residue) Management: Storage & Valorisation” to provide a comprehensive, in-depth study on red mud generation, processing, disposal/storage to various valorisation aspects including material extraction and usage in various end-applications. While aluminium as a green metal is offering a wide range of benefits in numerous applications, a concern is arousing over issues surrounding red mud (bauxite residue), which is a slurry by-product formed during the production of alumina, the key raw material for producing aluminium, from bauxite through the Bayer process. Depending on the ore grade, around 4 to 6 tonnes of bauxite is required to produce 2 tonnes of alumina, which in turn provides 1 tonne of aluminium. For each...
The average spot price of alumina has further recorded a decline across China by RMB 25 per tonne to stand at RMB 2,582 per tonne, found Shanghai Metals Market. The domestic price since the beginning of the month has been displaying a sluggish sentiment on increasing demand for imported alumina, ranging between RMB 2,786 per tonne and RMB 2,582 per tonne. The price in the east and north has dipped by RMB 30 per tonne to RMB 2,590 per tonne and RMB 2,570 per tonne, while that in the central and south has inched down by RMB 20 per tonne and RMB 25 per tonne to stand at RMB 2,590 per tonne. The Australian alumina FOB price, however, has not recorded any change as of today, July 15, from US$310 per tonne. But the overall trend of the Australian alumina FOB price since the beginning of the...
The global alumina market is mostly driven by Australia, Brazil and China alumina market. Australia and Brazil are the two main alumina suppliers in the world after China. China drives the alumina market both as a producer as well as a consumer. Alumina prices have been on a steady downward trend in recent months as the supply is comfortably surpassing demand following the restart of full production at the Alunorte alumina refinery and the lifting of US sanctions on Rusal. Alumina price movements are primarily directed by three benchmark prices of the prime alumina producing region: The Australia FOB Price ( Also known as Alumina Price Index) Brazil FOB Price ( Also known as Atlantic Basis Price) China Domestic price Alumina prices in all three major regions are now below their...
Average alumina prices in four major China markets have registered a drop on Wednesday, 10 July 2019. The average spot alumina price stands at RMB 2631 per tonne, down RMB 36 per tonne from the previous average alumina price. Alumina price in East China is hovering around RMB 2640 per tonne, down RMB 40 per tonne from its previous price. Alumina Central China stands at RMB 2630 per tonne, down RMB 40 per tonne from its earlier price. Alumina price in North China has declined by RMB 30 per tonne to stand at RMB 2630 per tonne, and Alumina South China is down RMB 40 per tonne at RMB 2635 per tonne as on July 10. A00 aluminium ingot price has edged higher by RMB 10 per tonne to stand at RMB 13720 per tonne. The price was RMB 13710 per tonne on Tuesday. The average price is expected to move...
The average spot alumina price recorded a decline of RMB 56 per tonne or 2.06 per cent on Tuesday, 09 July 2019, after remaining flat on June 8. Alumina price stood at RMB 2667 per tonne, from RMB 2723 per tonne. Alumina price in East and Central registered a drop of RMB 50 per tonne each to stand at RMB 2680 per tonne and RMB 2670 per tonne. Their average price is expected to range at RMB2660- 2700 per tonne and RMB2660- 2680 per tonne. Alumina price North and South came in at RMB 2660 per tonne and RMB 2675 per tonne, down RMB 60 per tonne each. Their average price is expected to range at RMB2640- 2680 per tonne and RMB2620- 2730 per tonne. Australian alumina FOB price dropped USD 2 per tonne to stand at USD 312 per tonne, as of July 9. The price was USD 314 per tonne on Monday, July 8....
The announcement of withdrawal of the mining order in the Eastern Ghats by Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on June 25 has put the future of the 1.5 million-tonne Anrak alumina refinery set up by Anrak Aluminium Limited (AAL) in Visakhapatnam in dark. Bauxite mining rights were issued by the previous N Chandrababu Naidu government in November 2015. AAL, a joint venture between Penna Group and Ras Al-Khaimah Investment Authority (RAKIA) set up the refinery in 2013 with a total investment of over INR 6,000 crore. It was allowed to mine bauxite in Gudem and Chintapalle blocks through A.P. Mineral Development Corporation via an MOU signed in 2007 under the undivided AP. However, N Chandrababu Naidu government annulled the bauxite supply agreement with Anrak Aluminium...
According to Shanghai Metals Market, China’s production of metallurgical-grade alumina came in at 5.76 million tonnes in June, from revised production of 5.86 million tonnes in May. Alumina production registered a drop of 3.42 per cent year-on-year. Production of alumina stood at 34.8 million tonnes in the first six months of 2019. That was up 1.33 per cent from the same period last year. The average daily output registered 192,000 tonnes in June, while annualised capacity in operation recorded at 70.12 million tonnes, showed an SMM survey on Friday July 5. Output received a boost from Bosai Shuijiang, Chalco Huaxing, Chalco Mining, Xinghua Technology, SPIC Shanxi and Liulin Senze, but Xinfa’s Jiaokou plant and East Hope’s Jinzhong plant took a toll. Alumina production in July is expected...
Shanghai Metals Market found the average spot price of alumina fell today, on July 5, by RMB 15 per tonne to RMB 2,723 per tonne, after remaining restrained on July 4. Over the entire week, the alumina spot price showed a downward trend ranging between RMB 2,786 per tonne, as of July 1, and RMB 2,723 per tonne, as of July 5. In the east and central, the alumina price today has plunged by RMB 20 per tonne to RMB 2,730 per tonne and RMB 2,720 per tonne, respectively, while that in the north and south, the price has inched down by RMB 10 per tonne and RMB 15 per tonne to stand at RMB 2,720 per tonne and RMB 2,735 per tonne. The Australian alumina FOB price has dwindled as well by US$3 per tonne to US$315 per tonne. Amidst the decline in alumina spot price, the price of A00 aluminium ingot,...
Altech Chemicals Limited has shared a few takeaways from the high purity alumina (HPA) market outlook report by CRU Consulting (CRU) that they received recently. The unconstrained demand forecast for 4N+ (99.99% or greater) HPA is significantly stronger than CRU’s earlier forecast in 2018. The report projects a deficit market for HPA, which is unlikely to support a potential demand growth of 30% CAGR in the period from 2018 to 2028. Demand is likely to increase from 19,000 tonnes p.a. (2018) to 272,000 tonnes (2028). However, demand growth will be limited to 17% CAGR. Based on CRU’s 4N+ HPA price forecast Altech’s project NPV increases by 32% to US$669 million and project EBITDA increases from US$76 million to US$100 million per annum. A tight supply will further lift the HPA prices. This...
The average spot alumina price in China dropped from RMB 2786 per tonne to RMB 2758 per tonne on Tuesday, 02 July 2019. This records a decline of RMB 28 per tonne or 1.01 per cent. In East China market spot alumina price stood at RMB 2770 per tonne, down RMB 30 per tonne. The average alumina spot price in Central China market decreased to RMB 2760 per tonne today, from RMB 2790 per tonne. Alumina prices in North and South dropped RMB20 per tonne and RMB40 per tonne each to stand at RMB2750 per tonne and RMB2770 per tonne. A00 aluminium ingot price stood RMB110 per tonne lower on Tuesday. Ingot price came in at RMB 13650 per tonne today. The average price is expected to range at RMB 13630- 13670 per tonne. Aluminium ingot price in Foshan came in at RMB 13690 per tonne. Ingot price in Wuxi...
The average spot price of alumina is found to inaugurate the month of July with a decline of RMB 55 per tonne to RMB 2,786 per tonne, according to Shanghai Metals Market data. This marks the second consecutive fall in alumina spot price, followed by a drop on 28th of June from RMB 2,865 per tonne to RMB 2,841 per tonne. With the decline today, the average spot price of alumina has recorded a month-on-month fall by RMB 292 per tonne, as the price of alumina on June 3 was at RMB 3078 per tonne. But on a quarterly basis, today’s price is standing higher by RMB 114 per tonne from RMB 2,672 per tonne on April 1, 2019. As the decline in alumina spot price has touched upon all the major markets in China today, the price in the east is standing at RMB 2,800 per tonne after inching down by RMB 50...
