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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SMM China Al Imports Data Analysis June 2011
Customs data shows China’s alumina imports fell again to 72.2 kt during June, down 49.36% YoY, and with YTD imports from January to June down 56.73% YoY. Current overseas alumina spot prices were down slightly, but domestic alumina prices were up sharply, so SMM predicts China’s imports of alumina...
Alumina Ltd (AWC) Shares Cross Below 200 DMA
In trading on Friday, shares of Alumina Ltd (NYSE:AWC) crossed below their 200 day moving average of $9.38, changing hands as low as $9.35 per share. Alumina Ltd shares are currently trading down about 0.8% on the day.
Energy costs hit AWC earnings
Australian group Alumina Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from higher alumina and aluminium prices.
N.Hydro signed Brazil alumina deal using Platts index-CEO
Norsk Hydro has a signed contract for Brazilian alumina using the Platts alumina index, Chief Executive Svein Richard Brandtzaeg said on Tuesday. "We have recently entered a contract that was index-linked instead of linked to the LME (London Metal Exchange)," he told Reuters in an interview.
Pricing change happening in the alumina market
The preliminary snapshot of the June trade figures doesn't include bauxite imports but they recorded consecutive fresh all time highs above 4 million tonnes in both April and May. Cumulative January to May imports of 17.3 million tonnes were up by 56% YoY. In other words, China is swapping one...
Pricing change happening in the alumina market
The emergence of China as the single biggest buyer of both raw materials was an underlying driver of the changes to pricing in both markets. But while the country continues to suck in huge amounts of iron ore to feed its ever expanding steel sector it seems to be moving towards self sufficiency in...
Pricing change happening in the alumina market
The pricing revolution in the alumina market is gathering momentum, even if it hasn't grabbed the headlines in the same way as that in the iron ore market. The pricing of alumina, the intermediate material in the production of primary aluminum is being forcibly decoupled from the metal price also...
Alcoa Reveals Alumina Price Strength
Alcoa AA reported headline second-quarter income of $322 million, a 5% increase from the first quarter. Favorable from Alumina's AWC perspective is that alumina drove most of the gain for Alcoa, with headline segment income rising 31% to $186 million. Alcoa's alumina result has proved a reliable...
Alcoa Reveals Alumina Price Strength
Alcoa AA reported headline second-quarter income of $322 million, a 5% increase from the first quarter. Favorable from Alumina's AWC perspective is that alumina drove most of the gain for Alcoa, with headline segment income rising 31% to $186 million. Alcoa's alumina result has proved a reliable...
Asia Pacific region's alumina weakened by unplaced cargoes
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Asia Pacific region's alumina weakened by unplaced cargoes
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Asia Pacific region's alumina weakened by unplaced cargoes
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Earnings shine tarnishes
ALUMINA Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from improved alumina and aluminium prices. The Melbourne-based group was commenting on its earnings outlook following the Monday release of second...
Earnings shine tarnishes
ALUMINA Ltd (AWC) has warned that higher energy and raw material costs, and the strong dollar, are continuing to take the shine off the earnings boost from improved alumina and aluminium prices. The Melbourne-based group was commenting on its earnings outlook following the Monday release of second...
CO2 scheme 'depends on electricity'
Alumina Ltd says the government's carbon pricing scheme's effect on the local aluminium industry will depend on the treatment of electricity. The company said it had yet to see the full details of the proposed legislation and regulations, and that would determine whether the Australian aluminium...
4.4% RETURN SEEN TO DATE ON SMARTREND ALUMINA CALL (AWC)
SmarTrend identified a Downtrend for Alumina (NYSE:AWC - Snapshot Report) on May 03, 2011 at $9.65. In approximately 2 months, Alumina has returned 4.4% as of today's recent price of $9.23. In the past 52 weeks, shares of Alumina have traded between a low of $5.03 and a high of $11.46 and are now...
Export price for domestic ore
Two decades after economic reforms and the junking of industrial licensing circa 1991, a remote corner of India , Lanjigarh, off Niyamgiri hills in southern Orissa, produces about as much alumina now as was the total national output then of the high-value commodity . The one-million...
Buying bagged alumina for Siberia smelters costly for Rusal: source
The Khakas Republic has reconnected a broken railway bridge across the Abakan River, paving the way for Russia's Rusal to resume deliveries of bulk alumina to its aluminum smelters in Siberia, a source familiar with the plants' operations said Tuesday. After the bridge collapsed on May 7 Rusal...
