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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Rising alumina prices give Alcoa a decent boost, but will it sustain?
<p>Alumina prices have been rising globally over the last two months. In October, the prices rose rather steeply enticing integrated aluminium producers with alumina refining operations to gradually move to the alumina price index for pricing their products. Earlier, most standalone alumina...
CBIX up, alumina up, cape rates up and more Chinese refinery capacity for Indonesia
<p>CBIX was up 2.7% (US$1.3/dmt) on the back of high Value-in-Use (ViU) cargos from Australia and Brazil and the absence of any lower ViU cargos (e.g. from Malaysia) to counter-balance. Although Malaysian prices remain unchanged (US$27.5/dmt FOB un-washed and US$39.5/dmt FOB washed), an increase in...
RUSAL's alumina production volume increases in Q3 and 9 months ended Sept 30
<p>UC RUSAL, a leading global aluminium producer, today announced its results for the three and nine months ended 30 September 2016. Total alumina production volume (unaudited) for three months ended 30th September totalled at 1,865 thousand tonnes down from 1,870 thousand tonnes in the same period...
Manchester looks at the revival of alumina industry and other businesses in the parish
<p>The Parish of Manchester is located in west-central Jamaica, in the county of Middlesex which used to be a business hub and housed the major alumina plants that drove the economy. However, during recession time in 2008, the plants closed and the parish became prone to various crimes. <br /><br...
CBIX up, Alumina up, Chalco moves on Guinea
<p>CBIX climbed 2.6% (US$1.2/dmt) to US$46.3/dmt on the back of higher ViU-priced Brazilian material. After the slight rise last week, Malaysian prices held, with unwashed material at US$27.5/dmt FOB and washed material at US$39.5/dmt FOB.<br /><br />The pace is quickening (if that’s...
Global high purity alumina market slated to reach US$3.6 bn by 2021
<p>According to a recently published report by Persistence Market Research (PMR), the global high purity alumina market was valued at US$ 1.2 billion in 2014 and is projected to expand at a CAGR of 6.9 per cent during the forecast period to reach US$ 3.6 billion by the end of 2021.<br /><br />High...
China alumina prices to stay firm backed by clear supply deficit
<p>Alumina prices in China major markets will stay firm over the short term though the upward momentum is showing signs of slackening after logging continuous growth for some time now, said analysts at the Shanghai Metals Market. <br /><br /><img style="vertical-align: middle; display: block;...
CME Group announces first trades of Alumina FOB Australia (Platts) Futures
<p>CME Group, the world's leading and most diverse derivatives marketplace, today announced that the first Alumina FOB Australia (Platts) Futures contracts were traded on Tuesday, Oct. 25, 2016. A total of 60 futures contracts, equivalent to 6,000 metric tons, were traded across the January through...
CBIX flat, alumina tight in expectation of another moratorium extension in Malaysia
<p>CBIX largely flat (up 0.5% to US$45.7/dmt) with some higher Value-in-Use (ViU) priced cargos from Ghana and Australia offset by lower ViU-priced material from South America.<br /><br />Malaysia’s Minister for Natural Resources and Environment, Datuk Seri Dr Wan Junaidi Tuanku Jaafar was...
CBIX steady, alumina soars, freight rates up
<p>CBIX eased 0.9% to close the week at US$45.4/dmt as some lower Value in Use (ViU) trades from Malaysia balanced higher ViU trades from Australia and Brazil. Prices in Malaysia have increased slightly, due to the influence of extended mining ban, with unwashed material at US$27/dmt FOB and a few...
China alumina output to grow further driven by production restarts
<p>Alumina output in China surged in September boosted by production restarts. Analysts at Shanghai Metals Market expect the trend to continue in October as well. According to a survey conducted by SMM, China’s total alumina output increased 4.79 per cent year-over-year (down 0.66 per cent...
Alumina's earnings in Sept quarter rise due to its share from AWAC joint venture
<p>Mining and metals company Alumina today reported results for the quarter ended September 30, 2016. The Australian alumina refiner received US$91.8 million by way of distributions, dividends and capital returns during the period under review as its share from the joint venture AWAC that it has...
Alcoa upstream divisions maintain sequential profitability QoQ despite low metal pricing
<p>Lightweight metals leader Alcoa reported third quarter 2016 results. In spite of near-term market challenges, Alcoa Corporation segments, Alumina and Primary Metals, maintained profitability sequentially despite continued low alumina and aluminium pricing by proactively managing costs and...
China alumina prices set for more gains, SMM foresees
<p>Alumina prices in China major markets are logging healthy growth trends. Shanghai Metal Market analysts say a number of positive factors will further support the rise. <br /><br />Increasing costs and speculations triggered by the recently introduced transport regulations will continue adding...
Asia alumina: Australia firms $2/mt to $235/mt FOB on Chinese demand
<p>The Australian daily alumina price was assessed up $2/mt from Friday at $235/mt FOB Monday on Strong Chinese interest. It was up $4.50/mt on week. Chinese domestic alumina prices continued to climb, eradicating the premium for Australian material against Chinese domestic alumina in import parity...
CBIX ( average imported bauxite price to China) dropped 1.2% to close at US$46.0/dmt last week
<p>CBIX was down 1.2% (US$0.6/dmt), closing at US$46.0/dmt last week, with cargos originating in the Atlantic basin logged at lower prices than the previous week. With the situation in Malaysia now set to stagnate, prices remain unmoved, quoted at US$26/dmt unwashed and US$38/dmt FOB washed. Rising...
China alumina prices steep due to deficit in the market
<p>Since import market for alumina is tight and alumina supply in China is now in a deficit, this situation will allow prices of alumina to hold firm in September, an SMM forecast says.<br /><br />Aluminium production is in check and there are fewer orders from most large aluminium smelters in...
Reopened capacity to increase China Alumina Output in September: SMM
<p>According to an SMM forecast, as production restarts after accident recovery and newly opened capacity, the average daily alumina output in China will improve by the end of September.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
