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Alumina plant in Chongqing to boost output on the back of rising prices
30 AUG 20171MINS

Alumina plant in Chongqing to boost output on the back of rising prices

According to a report by Shanghai Metals Market, one alumina producer in Chongqing has decided to expand production on optimism over stronger price gains. The alumina producer has two different production facilities for which they source bauxite from domestic producers and import from different...

Alcoa JV shines on Alumina’s H1 FY2017-18 profit
24 AUG 20172MINS

Alcoa JV shines on Alumina’s H1 FY2017-18 profit

<p>Alumina Limited, the leading Australian resource company with focus on alumina refining, recently announced an impressive profit growth for the first half of 2017, thanks to higher commodity prices realized by its joint venture with Alcoa. &nbsp;</p> <p>Alcoa World Alumina and Chemicals (AWAC)...

Bauxite Prices in Shanxi fail to leap significantly despite tight supply
22 AUG 20172MINS

Bauxite Prices in Shanxi fail to leap significantly despite tight supply

<p>Despite tight bauxite supply in Shanxi, local market prices for bauxite rose only slightly recently.&nbsp;Currently, average price for Bauxite (6.0&le;Al/Si<7.0) at Shanxi ranges between RMB 350 &ndash; 400/t and Bauxite (4.5&le;Al/Si<5.5) at Shanxi ranges between RMB 260 &ndash; 310/t.</p> <p...

Alumina prices rebound slightly; Nalco projects slow increase in alumina prices in near term
18 AUG 20172MINS

Alumina prices rebound slightly; Nalco projects slow increase in alumina prices in near term

<p>After a period of flat run, China&rsquo;s domestic alumina price rebounded on August 17, driven by an outlook on tightened supply. The average spot alumina prices expected to range between RMB &nbsp;2506 &ndash; 2506/t. The tightness in the market is expected because Alumina production in Shanxi...

Bauxite supply shortage affects alumina refinery operations in China’s Shanxi province
17 AUG 20172MINS

Bauxite supply shortage affects alumina refinery operations in China’s Shanxi province

<p>Bauxite mines in China&rsquo;s Shanxi have come under the environmental scanning, Shanghai Metals Market report confirmed. The mines lacking production licenses have been ordered to close operations by September 14. Bauxite supply shortage had already been looming large over alumina refineries...

Austria’s alumina import is estimated to surge further in 2017
15 AUG 20172MINS

Austria’s alumina import is estimated to surge further in 2017

<p>Austria is the 29th largest importer in the world. The country imports alumina to feed the domestic aluminium industry. Alumina imports from Austria grew significantly over the last two years. The rise in import of alumina is expected to continue in the coming years. Italy and Germany supply...

China alumina prices to face downward pressure due to surplus market; smelters remain profitable
14 AUG 20172MINS

China alumina prices to face downward pressure due to surplus market; smelters remain profitable

<p>Due to huge aluminium capacity cuts by Weiqiao and Xinfa Group, alumina market in China is in surplus.&nbsp; SMM expects that due to inflows of surplus alumina from Weiqiao group, alumina prices will face continuous downward pressure.</p> <p style="text-align: center;"><img...

China’s alumina production surges in July
09 AUG 20171MINS

China’s alumina production surges in July

<p>China&rsquo;s production of alumina increased notably in July. The production rose less than expected due to maintenance conducted by producers. The alumina production is expected to grow further in August, according to recent statistics showed by Shanghai Metals Market.</p> <p...

NALCO Q1 profit seen up 23% to INR 166 cr on strong volume, operational performance
09 AUG 20171MINS

NALCO Q1 profit seen up 23% to INR 166 cr on strong volume, operational performance

<p>National Aluminium Company's (NALCO) first quarter earnings are expected to be strong on volume growth. Profit is seen rising 23 percent year-on-year to INR 166 crore and revenue may increase 31.8 per cent to INR 2,042 crore in the quarter ended June 2017.</p> <p style="text-align: center;"><img...

Rio Tinto’s alumina business records a major turnaround performance in H12017
02 AUG 20171MINS

Rio Tinto’s alumina business records a major turnaround performance in H12017

<p>Rio Tinto has announced production and financial results for the first half of 2017 and its alumina operations have recorded significant increase in net earnings as well as revenue.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...

Rising aluminium stock hits spot alumina market, average alumina price drops in Central China
31 JUL 20172MINS

Rising aluminium stock hits spot alumina market, average alumina price drops in Central China

<p>In domestic spot market, rising stocks and poor consumption of aluminium is creating uncertainties over the alumina market. Alumina prices are expected to drop if the same situation continues.</p> <p>According to an SMM update, growing pessimism over alumina prices in Chinese market has forced...

Prebaked anode prices in China to stay high despite aluminium capacity cut, A00 ingot prices drop across all markets
26 JUL 20172MINS

Prebaked anode prices in China to stay high despite aluminium capacity cut, A00 ingot prices drop across all markets

<p>Closures of illegal aluminium capacity in China in July is keeping the alumina prices in check as it may add nearly 170,000 tonnes of alumina to spot market per month in the short term.</p> <p>However, prices for prebaked anode, another raw material in aluminium smelting, set to continue rising...

Alumina producer to increase its product prices
25 JUL 20171MINS

Alumina producer to increase its product prices

<p>Alteo, a leading producer of high-value specialty alumina with production capacity of over 600, 000 tonnes in France, is going to increase the prices on its whole product portfolio at the end of quarter three this year.</p> <p><img style="vertical-align: middle; display: block; margin-left:...

China alumina prices drop sporadically as spot market braces for added supply
25 JUL 20172MINS

China alumina prices drop sporadically as spot market braces for added supply

<p>China alumina spot market is bracing for an increased supply as illegal aluminium capacity closure is expected to add nearly 170,000 tonnes of alumina to it, reported Shanghai Metals Market. &nbsp;Driven by the speculation, alumina prices in some of China&rsquo;s major markets dropped...

Lower alumina prices hit Hydro’s underlying EBIT for Bauxite & Alumina despite higher production
25 JUL 20171MINS

Lower alumina prices hit Hydro’s underlying EBIT for Bauxite & Alumina despite higher production

<p>Hydro reports positive results for the second quarter of 2017, driven by better metal prices. However, underlying EBIT for Bauxite &amp; Alumina decreased from the first quarter mostly attributed to lower realized alumina prices, driven by a weaker alumina index. &nbsp;</p> <p style="text-align:...

Alumina Outlook for H2 2017: Market to be in little surplus & prices will get moderated
24 JUL 20173MINS

Alumina Outlook for H2 2017: Market to be in little surplus & prices will get moderated

<p>Driven by the unstoppable China appetite, alumina prices have rallied till now in H1 2017. But a look at the current price trend will reveal a moderating pace. With China slashing aluminium smelting capacity in major production hubs and further production control looming large for Q4 FY 2017-18,...

Lack of confirmation on proposed smelter cuts keeps spot alumina prices flat in China markets
21 JUL 20172MINS

Lack of confirmation on proposed smelter cuts keeps spot alumina prices flat in China markets

<p>Spot Alumina prices have remained flat throughout all China markets as there no clarity on the proposed smelter cuts.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/spot%20alumina21.png" alt="News" width="707" height="281"...

Alcoa’s Bauxite & Alumina EBITDA falls in Q2 2017 on lower API and production
21 JUL 20172MINS

Alcoa’s Bauxite & Alumina EBITDA falls in Q2 2017 on lower API and production

<p>Alumina Limited, the AWAC joint venture, has announced its second quarter results for Alcoa Bauxite and Alumina Segment. The 2017 EBITDA for Bauxite and Alumina fell to total $325 million.&nbsp;</p> <p style="text-align: center;"><img style="vertical-align: middle;"...