The US aluminum trihydrate market strengthened in September 2026 as downstream procurement, rising overseas production costs, and shipping bottlenecks supported prices. In contrast, Bosnia’s market faced a quarterly correction as European buyers drew on accumulated inventories and lower caustic soda costs eased manufacturing pressures, highlighting diverging regional price trends. US aluminum trihydrate market gains on demand and supply constraints US aluminum trihydrate prices increased 2.38% month over month in September, supported by purchases from wire and cable manufacturers, electrical infrastructure compounders, and electric vehicle (EV) component producers. Demand remained particularly resilient for applications involving low-smoke cable compounds and flame-retardant materials....
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...
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According to the latest data from China Customs, China’s alumina exports in February came in at 3,443 tonnes, after declining 139,000 tonnes from January. This data represents that China’s alumina exports in January 2019 had pegged at 142,443 tonnes. {newsStudioGallery} China Customs data found that alumina exports by China had been declining over a past couple of months. The exports in January were 34,987 tonnes or 20 per cent lower than 177,430 tonnes in December, which again was 37.9 per cent down from 285,696 tonnes in November. China’s alumina exports in February stood lower not only month-on-month but from a year earlier by 10.5 per cent. In February 2019, China’s domestic average alumina price was at US$413.78 per tonne while the global average price at US$378.61 per tonne. In...
Dada Holdings LLC, an investment and management company based in Florida and the new owner of Noranda Bauxite and Noranda Alumina has recently announced the appointment of Dan Byrne as its Director of Strategy and Investor Relations. Mr. Byrne will be based at Fort Lauderdale, Florida, the company headquarter. Mr. Byrne joined Dada Holdings after working with J.P. Morgan for five years in its institutional wealth management group. Mr. Byrne has a degree in Finance from the University of Notre Dame and an M.B.A. from the Kellogg School of Management at Northwestern University. “We are always looking to complement our experienced senior management team with hardworking and talented individuals to continue to drive the further expansion of our business and ensure continuity,” said Chairman...
The Australian firm Pure Alumina Limited is planning to buy private Canadian high purity alumina (HPA) producer Polar Sapphire for $C25.7 million ($27.1 million). Polar Sapphire produces some of the lowest cost HPA at its Toronto pilot. Pure Alumina announced its plan to its investors in the beginning of December 2018 and said that that both companies were negotiating towards “agreeing to formal terms of a potential transaction” by January 2019. Polar Sapphire’s Toronto pilot plant is already generating cashflow from its HPA production. Polar’s patented process produces 99.999 per cent purity HPA. Through this acquisition, Pure Alumina plans to fast track commercial production of 99.999 per cent alumina in its production facility near Toronto by early 2020. The company has an initial...
Alumina spot prices declined across China major markets on Friday, 22 March 2019.The average alumina spot price dropped from RMB 2704 per tonne on March 20 to RMB 2694 per tonne on March 22. Average price of Alumina-East has fallen by RMB 20 per tonne to stand at RMB 2690 per tonne; Alumina-Central is down by RMB 10 per tonne at RMB 2700 per tonne; Alumina-North is down by RMB 10 per tonne at RMB 2680 per tonne; and Alumina-South is down by RMB 10 per tonne to stand at RMB 2715 per tonne as on March 22. Alumina (Chalco) price and Imported Alumina price remain unchanged at RMB 3250 per tonne and RMB 3000 per tonne respectively. As updated by Shanghai Metals Market, A00 aluminium ingot price in China has edged higher by RMB 10 per tonne to stand at RMB 14020 per tonne today. The average...
RUSAL, the leading global aluminium producers, completes preparations for construction of the pilot plant to produce fine precipitated aluminium hydroxide (FPAH) for the cable industry at its Achinsk Alumina Refinery. The plant will have a capacity of 5,000 tpa with an investment of over RUB 500 million. The plan for the pilot project started two years back and considering the positive customer feedback and the quality of the produce during testing, they expanded the plan. “The demand for FPAH in Russia and around the world grows gradually every year. This is why we expect that the new production will reach the designed capacity by the end of 2021, and then we will be able to offer the environmentally-friendly and cost-competitive product to an extensive pool of customers. In addition, if...
Average spot alumina price stood at RMB2704 per tonne as of Wednesday, 20 March 2019. This records a drop of RMB9 per tonne or 0.33 per cent. The average price is expected to range within RMB2704 per tonne. The downward trend in alumina prices can be seen in the following graph. Alumina-East and Alumina-Central declined RMB10 per tonne to stand at RMB2710 per tonne, each. Alumina-North stood at RMB2690 per tonne, registering a decline of RMB10 per tonne. Australian alumina FOB price and Alumina- (Chalco) still unchanged at USD398 per tonne and RMB 3250 per tonne In another update from SMM, A00 aluminium ingot price recorded an increase of RMB70 per tonne or 0.50 per cent. The price stood at RMB13940 per tonne as of Wednesday, 20 March 2019. The average price is expected to range between...
According to a recent report, the tension between locals and authorities of Vedanta alumina refinery at Lanjigarh in Kalahandi district has subsided today on March 19, after a mutual discussion between the two parties. The tension had taken place on Monday, March 18, after Rengalpali villagers tried to break into the factory to demand jobs. However, urging for peace Vedanta spokesperson had stated, "We will submit our statement to the authorities and provide every support to resolve the matter. We urge the people of Lanjigarh Block to maintain peace." Vedanta Limited has proposed to invest $250 million to $300 million in the next fiscal, in a bid to expand the capacity to six million tonnes per annum from its current 1 million tonnes, according to reports early this year. As per domestic...
Average spot alumina price declined further to RMB 2726 per tonne on Thursday, 14 March 2019. This was down 0.18 per cent or RMB5 per tonne from RMB2731 per tonne. The average price is expected to range within RMB2726 per tonne. The fall in alumina price can be seen in the following graph. Alumina-East and Alumina-Central declined RMB20 per tonne and RMB10 per tonne to stand at RMB 2720 per tonne and RMB2730 per tonne respectively. Their average price is expected to range between RMB2700-2740 per tonne and RMB2720-2740 per tonne. Alumina-South dropped to RMB2730 per tonne. Alumina-North still unchanged at RMB 2720 per tonne. A00 aluminium ingot price increased RMB 100 per tonne from Wednesday to RMB13830 per tonne on Thursday, 14 March 2019. The average price is expected to range between...
CRU has announced the successful completion of the independent assurance review for its leading, transaction-only based, CRU-API (Alumina Price Index) price. The review was carried out by independent professional services company PricewaterhouseCoopers LLP (PwC). This report was prepared to establish CRU’s adherence to the International Organization of Securities Commissions' (IOSCO) Principles for Oil Price Reporting Agencies. The independent third party research has demonstrated that the CRU-API is used widely in the settlement of physical contracts. CRU’s Alumina Price Index will now also be used in the settlement of the London Metal Exchange's new cash-settled Alumina futures contract which was launched on 11 March 2019. "CRU's report demonstrates its ongoing commitment to providing...
Following the news last week that Altech Chemicals officially mandated Macquarie Bank as the preferred mezzanine lender for the HPA, the update comes that the stage one construction work of Altech’s high purity alumina (HPA) processing plant in Johor, Malaysia, is progressing as planned. The initial site establishment activities are now complete and the site is fully fenced and secured, as the company declared. The site construction office has been erected, a security post has been installed, a vehicle wash down bay is established with sediment control, a site weather monitoring station is in place, and temporary ablutions are installed already. Also, a site safety induction process has been established, with all entry onto the site strictly controlled. Site security personnel have been...
Altech Chemicals Limited has officially mandated Macquarie Bank (Macquarie) as the preferred mezzanine lender for its proposed high purity alumina (HPA) plant. Both the companies have reached agreement on mezzanine debt terms and executed a mandate letter appointing Macquarie as the exclusive mezzanine debt provider. The agreement is subject to its usual due diligence processes such as legal, market and technical. “Completion of the mezzanine facility by Macquarie is conditional upon its view of all due diligence outcomes and agreement with KfW-IPEX Bank on inter-creditor arrangements,”Altech said in its press release. Altech has completed a Final Investment Decision Study (FIDS) for the construction and operation of a 4,500tpa HPA plant at the Tanjung Langsat Industrial Complex, Johor,...
Altech Chemicals Limited provides an update on the transition by lithium-ion battery manufactures to high purity alumina (HPA) coated battery separator sheets. This is apparent from recently announced quarterly sales data by Japanese separator sheet manufacturer W-Scope (6619 JT) and from the company recent attendance at the Battery Japan 2019 conference, held in Tokyo. W-Scope reported in its Q4 2018 results that as a proportion of total sales, HPA coated separator sheets jumped to 51%, compared to an average sales volume of 34% in the preceding four quarters. W-Scope announced annual sales revenue guidance of ¥17.5bn for 2019, which compares to actual annual sales revenue of ¥8.7bn for 2018. For 2020, the company expects a further increase in sales revenue, primarily on the back of...
According to Shanghai Metals Market, China’s alumina production in February came in at 5.64 million tonnes, after rising 10.93 per cent year-on-year. The average daily output stood at 201,000 tonnes, while annualised capacity in operation recorded at 73.46 million tonnes. This year-on-year rise in China’s alumina production is attributable to the complete maintenance of refineries in Guangxi, higher operating rate in Guizhou as bauxite shortages eased last month and excess production in Shanxi. Last month, Shanxi Zhaofeng returned online after it shut during the Chinese New Year holiday on bauxite supply issues. Ore shortages drove Shanxi Xinghua to close some 350,000 tonnes of capacity. SMM expects the average daily output of alumina will rise further in March by 2,000 tonnes compared...
According to Shanghai Metals Market, the alumina spot price further extends its decline today to stand at RMB 2,731 per tonne. Compared with the downfall by RMB 14 per tonne yesterday, today the alumina spot price has shown a slower decline by RMB 7 per tonne. Since the beginning of the month, the alumina spot price has been showing a sluggish trend ranging between RMB 2775 per tonne and RMB 2,731 per tonne until today. In the central market, the price has recorded a fall by RMB 10 per tonne, while the prices in the east north and south have shown no change. The average alumina price in the spot market is also expected to hover at RMB 2,731 per tonne. The Australian alumina FOB price still hovers at US$390 per tonne. However, unlike yesterday, the A00 aluminium ingot price has not...
After remaining restraint last day at RMB 2,749 per tonne, the alumina spot price again plunged today, on March 7, by RMB 14 per tonne to stand at RMB 2,735 per tonne, found Shanghai Metals Market. This is the third fall of alumina spot price this month, hinting a continued downward trend. The average price of alumina is also expected to hover at RMB 2,735 per tonne today. As the decline has touched upon all the major Chinese markets, the price in the east has dropped RMB 20 per tonne to RMB 2,740 per tonne. In the central and north, the price stood at RMB 2,750 per tonne and RMB 2,720 per tonne after declining by RMB 10 per tonne and RMB 20 per tonne, respectively. The markets in south China witnessed no exceptional trend either but saw a plunge in alumina spot price by RMB 5 per tonne...
SOPerior Fertilizer Corp. is working on offtake agreements and funding discussions with several international and US-based commodity trading and construction groups for a project to extract alumina and SOP from alunite. SOPerior Fertilizer plans to produce soluble SOP fertilizer, alumina, and sulfuric acid from its Blawn Mountain project located in Utah, US. Azerbaijan has been doing commercial extraction of alumina and SOP from alunite since the late 1960s. The soluble SOP to be produced has a growing unmet domestic and international market for Fertigation. Fertigation requires soluble SOP instead of traditional granular SOP which makes up a large percentage of current domestic supply and is facing falling demand. Alumina is a critical and high demand raw material for the global...
Emirates Global Aluminium (EGA) announced that it will intensify research partnership with VITO NV, the European research and technology organisation, to find uses of bauxite residue for the UAE construction industry by further developing two of the potential applications identified in the first phase of the project. EGA and VITO started exploring the potential uses of bauxite residue, a by-product of alumina refining, in construction materials in 2017. The latter will continue to work closely with experts at the University of Leuven in Belgium on the research project. The first of the new studies will investigate the potential for bauxite residue to be used for constructing road foundations, replacing materials such as sand. “The second study will assess whether bauxite residue can...
Spot alumina prices in China are dropping from November 23 continuing in March. As updated by Shanghai Metals Market, average spot alumina price has dropped from RMB2764 per tonne on March 4 to RMB2749 per tonne on March 5, 2019. The fall in alumina price can be seen in the following graph. Alumina-Central and Alumina-North have declined RMB20 per tonne and RMB15 per tonne to stand at RMB2760 per tonne and RMB 2740 per tonne as of Tuesday, 05 March 2019. Alumina-South has reduced RMB5 per tonne to stand at 2740 per tonne. Alumina-East remains unchanged at RMB2760 per tonne. In another update from SMM, A00 aluminium ingot price has registered an increase of RMB70 per tonne or 0.51 per cent. Ingot price stands at RMB13700 per tonne as of Tuesday, 05 March 2019.The average price is expected...
