Impact Minerals plans staged 4,000-tpa HPA production in US
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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Chinese firms cautious about building alumina refineries in Indonesia
Despite the Indonesian bauxite ban, Chinese firms are more careful about building alumina refineries in Indonesia, officials at one of the refineries in China said. One firm had cancelled its plans entirely. Bosai Minerals has withdrawn their plans to build a two million-tonne-a-year complex in...
Aluminium industry feels slow impact of bauxite ban in Indonesia
The delayed and more critical impact of mineral export ban in Indonesia is slowly being felt in the aluminium industry. London aluminium futures hardly gained up 0.6% over the same 3-day trading period and the benchmark contract in Shanghai also came down by 0.6%. While Indonesia relaxed some of...
Meller Microlux alumina polishing powders available in seven Ready-to-Mix particle sizes
Meller Optics, Inc. supplies a whole line of calcined alumina polishing powders (high purity) easy to mix with de-ionized water for lapping, grinding and finishing a wide range of optics. Meller Microlux Alumina Powders are available in two grades and also seven particle sizes from 0.05 - 3.0...
Alumina Ltd stock gets mixed ratings
Alumina Ltd (AWC) is an Australian listed company which produces alumina, which is a commodity. Bauxite ore is refined to produce alumina, which is then smelted to produce aluminium. AWC is the lesser partner in a 60:40 joint venture with US alumina/aluminium giant Alcoa, called AWAC, for which AWC...
China’s Nanshan Aluminium to build smelter in first quarter of 2014
China’s second-biggest aluminum producer Shandong Nanshan Aluminium Co. Ltd. will begin construction of processing facilities and supporting infrastructure totaling US$5 billion in Indonesia in the first quarter of this year. Industry Minister MS Hidayat, who last week visited the firm’s integrated...
Alcoa World Alumina LLC resolves Alba matter with U.S. Department of Justice
Alcoa Inc. today announced the resolution of the investigations by the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) regarding certain legacy alumina contracts with Aluminium Bahrain B.S.C. (Alba). The settlement with the DOJ was reached with Alcoa World Alumina...
Alba renews freight contract for alumina with Klaveness
Alba and Klaveness have re-established trade relations by entering into long-term freight contract, it was announced yesterday. Alba said it had reached a settlement agreement with Torvald Klaveness Shipping, whereby each party agreed to waive their respective legal claims. In addition, the parties...
Utkal Alumina yet to reach full capacity
Utkal Alumina International Ltd (UAIL), a subsidiary of Aditya Birla owned Hindalco Industries, is yet to reach its full envisaged capacity of 1.5 million tonne per annum (mtpa) after starting of operation in June last year. So far, the company has managed to achieve 70-75 per cent capacity...
Nalco gets 'excellent' tag among PSUs for 2012-13
National Aluminium Company (Nalco), a navratna PSU under Union mines ministry has got excellent MoU (memorandum of understanding) score of 1.5 by the department of public enterprises. The score is in recognition of Nalco's sterling performance in 2021-13. The aluminium major had last achieved the...
China’s alumina output rises in Nov. as new capacity comes on stream
China’s alumina output rose in November as new capacity came on stream, Shanghai Metals Market has learned. Production hit 3.8 million tonnes last month, up 29% year-on-year. Output throughout the first eleven months totaled 40.7 million tonnes, also an increase of 17% from a year ago, according to...
Vedanta despairing about aluminium investment in India
Leading metal makers such as ArcelorMittal and Vedanta will be keen on more work in India but for the dispiriting project delays, especially those pertaining to sanctions for mines. In an interview with Bloomberg TV, Vedanta Chairman Anil Agarwal regretted his $8-billion investment in the country's...
China's alumina capacity may reach 60 million tonnes
Analysts predict that China's alumina output may reach 44.5 million tonnes in 2013, 18 percent higher than the last year; the capacity may reach 60 million tonnes, increased by 10%. According to the current situation, with the increase of domestic output, the import of alumina will decline. In the...
Trafigura predicts overcapacity for alumina market in near future
The alumina market which has been in structural overcapacity since 2007 will stay this way for the foreseeable future, Trafigura’s head of non-ferrous and bulk commodities Simon Collins said in the trading company’s first publically available report. A general lack of volatility restricted trading...
Vietnam’s alumina exports to China to rise further in 2014
Vietnam’s alumina exports to China were expected to rise further in 2014 as new capacity comes on stream, Shanghai Metals Market has learned. July marked the first time that China ever imported alumina from Vietnam when inbound shipments of the raw material hit 14,944 tonnes. China imported another...
Europe's top court sends alumina aid case back to lower court
Europe's highest court on Tuesday told a lower court to re-examine a long-running dispute between France, Italy and Ireland and EU competition regulators over whether millions of euros in state aid granted to the alumina sector was legal. The European Commission, the EU executive in charge of...
Alumina enables cheaper hydrogen production
French scientists have managed to produce hydrogen by accelerating natural processes taking place in rocks deep below the Earth’s surface, possibly opening new avenues for hydrogen production. The team from the University Claude Bernard in Lyon, France, used aluminium oxide to speed up the process...
Hindalco gets Neutral rating
Hindalco Industries (Hindalco) aims to produce 300-350kt of alumina from Utkal refinery (1.5mtpa alumina refinery) in FY2014 and 1mn tonne in FY2015. In case of Mahan smelter (359ktpa aluminium smelter), the company aims to produce 50-60kt in FY2014 and over 200kt of aluminium in FY2015. The...
Rio Tinto says alumina dust not cause for concern
Rio Tinto say a photo of alumina dust escaping from its Yarwun wharf this week was nothing to worry about, stating the plume posed no threat to health or the environment. Rio Tinto say a photo of alumina dust escaping from its Yarwun wharf this week was nothing to worry about, claiming the plume...
