From black shale to smelter feed: CEM advances North American alumina supply chain
Canadian Energy Metals has demonstrated a process for producing smelter-grade alumina from Saskatchewan black shale and has started a prefeasibility study for its Thor Project. Canadian Energy Metals Corp. (CEM) has taken a step towards developing an alternative North American source of alumina...
LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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Nalco Alumina prices
Alumina, whose price is often calculated as close to 15% of London Metal Exchange aluminium price, has seen a downward correction in its price due to falling aluminium price globally. He said while the cost of aluminium has come down due to turmoil in the US and Europe, going forward the price...
MB ALUMINA INDEX: Index falls as buyers wait for better prices
MB’s fob Australia alumina index fell to $370 per tonne on August 19, with few buyers looking for near-term material and others happy to turn down offers in anticipation of better prices. “[We've] been offered cargoes that have not been placed at this stage,” an aluminium producer said.
ENRC - Alumina production in first half-year 2011
Alumina production totaled 813 thousand tonnes. Eurasian Natural Resources Corporation is engaged in mining and processing chrome, manganese and iron ore, smelting ferroalloys, processing bauxite for the production of alumina and aluminium.
National Aluminium 1QFY2012 performance highlights and results update
National Aluminium’s (Nalco) 1QFY2012 results were above our expectations. The company was able to sustain its margin on account of higher realisation. In light of the recent decline in stock price, we now have a Neutral view on the stock. For 1QFY2012, Nalco’s net sales grew by 34.2% yoy to...
Australian alumina makers delay restocking caustic soda as price falls
Alumina producers in Australia have been asking to delay taking delivery of caustic soda term contract cargoes in anticipation of lower prices, a source at Taiwan's Formosa Plastics said this week. They have been drawing on existing stocks ahead of contract price negotiations for the fourth...
AWC Ex-Dividend Reminder - 8/18/11
On 8/18/11, Alumina Ltd (NYSE:AWC) will trade ex-dividend, for its semi-annual dividend of $0.12, payable on 9/8/11. As a percentage of AWC's recent stock price of $7.85, this dividend works out to approximately 1.53%.
Australian, N.Z. Stocks: Alumina
Australia's S&P/ASX 200 Index climbed 2.6 percent to 4,282.90 at the 4:10 p.m. close of trading in Sydney. New Zealand's NZX 50 Index gained 1.1 percent to 3,252.63 at the 5 p.m. close in Wellington. Alumina Ltd. (AWC AU) jumped 8.2 percent to A$1.97. Alumina, a partner in the world's biggest...
Materials Stocks Go For AWC
Alumina Limited (ADR) skyrocketed 5.97% to $8.16 per share. Shares of AWC have so far hit a 52-week high of $11.46 per share and a 52-week low of $5.71.
J.P. Morgan Lowers PT on Alumina Limited From A$2.45 to A$2.25
J.P. Morgan has published a research report on Alumina Limited (NYSE: AWC) lowering the price target by twenty Australian cents.
Australian Business News - Aug 12
News Corp yesterday announced plans for a massive share buyback over the next 12 months as it continues to struggle with undervalued stock. Alumina has recorded a 254 per cent increase in underlying earnings to US$78 million, with margins growing by US$21 a tonne. However, the results were still...
Costs blowout takes shine off Alumina result
ALUMINA shares slumped yesterday after the company missed analysts' first-half profit forecasts because a rising Australian dollar pushed up costs higher than expected.
Alumina win on pricing
Alumina said yesterday that sales volumes under the new system were running at 20 per cent of total third-party sales, with the intention of getting to 100 per cent within five years. The initial success in the changeover was confirmed by Alumina on the release of its June-half profit report....
Alumina win on pricing
MELBOURNE-BASED Alumina Ltd has confirmed initial success in the five-year push to have alumina priced on a spot/index based system, with margins at its 40 per cent-owned AWAC joint venture with Alcoa improving as a result.
Alumina Abrasives produce superior optical finish
Meller Microlux Alumina Abrasive Powders can produce surface finishes to 10-5 scratch-dig on calcium fluoride, ferrites, germanium, silicon, stainless steel, zinc selenide, and zinc sulfide. Featuring seven particle sizes from 0.05 to 3.0 um, these high purity calcined alumina abrasive powders are...
Alumina first-half net profit climbs 55%
Net profits at Alumina Ltd grew 55% on the year to US$68 million in the first half of 2011, the company said, as rising prices for aluminum and a changing pricing mechanism for its precursor alumina drove up revenues.
Buy Ratings: (HAS), (NEM), (AWC), (LNC), (CAM)
Alumina Ltd (AWC): has a consensus rating of 2.0. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Aug 16, 2010 when Davenport upgraded the company from Neutral to Buy. The result of 2 opinions makes for a mean price target on the stock of $6.42...
Alumina Abrasives From Meller Optics Produce Superior Finish at Lower Cost Than Diamond Abrasives
Meller Optics, Inc. provides a complete line of high purity calcined alumina polishing abrasives for grinding, lapping, and producing a superior finish on optics at a lower cost than diamond abrasives.
China alumina prices up 7-9 pct since June on demand - trade
China's spot alumina prices have risen 7-9 percent since June due to increased demand and strong aluminium prices, and traders and analysts say prices could rise further in the second half on speculative buying. China is the world's top aluminium producer and has been ramping up its output of...
