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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National Aluminium Company Ltd rejects Vedanta's request for alumina
Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU's policy to supply it in domestic market. "We are not in a position to provide alumina or bauxite to any other company inside the...
Chinese bauxite imports up but alumina plunges
China’s alumina imports fell 38.4% month-on-month in August, as record-high imports of bauxite tamed demand for alumina. “Policy influenced China’s alumina imports this year. [Buyers] are scrambling to import bauxite due to fears that Indonesia’s [impending] ban on raw material export will make...
China’s alumina output jumps to this year’s high in August
China’s alumina output jumped to this year’s high in August after Shanxi Xinfa Chemical Industry Co. started putting on stream its 800,000-tpy production capacity. Production of alumina climbed by 13.7% year-on-year to 4 million tonnes last month, according to data obtained by Shanghai Metals...
Hudson produces high quality alumina from its white mountain anorthosite project in Greenland
HUDSON RESOURCES INC. is pleased to announce that the Company has successfully produced alumina (aluminum oxide) from initial bench-scale testing on the calcium feldspar anorthosite from its White Mountain Project. The objective of the testwork, which has been undertaken at SGS Lakefield under the...
Six Lithuanians charged with embezzlement at Bosnia alumina plant
Police on Friday charged six Lithuanians with the embezzlement of 19.4 million Bosnian marka ($13.4 million) from Bosnia's alumina plant Birac Zvornik, which was forced into bankruptcy and taken over by the government. The ongoing investigation has revealed tax evasion and irregular spending by the...
Concerns raised over bauxite residue at Aughinish Alumina
The former mayor of Limerick has said he has “serious concerns” about plans by Aughinish Alumina to extend the height of bauxite residue deposits to 100 feet on its lands adjacent to the Shannon Estuary. According to Fine Gael councillor Jim Long, the Russian-owned company, under terms agreed in...
Halted alumina output could hinder Guinea growth: Finance Minstry report
Guinea's 2013 growth target could be undermined by a lack of alumina output in the first half of the year stemming from a prolonged shutdown of RUSAL's 630,000 tonne-per-year Friguia refinery, a finance ministry report said. Work at the refinery was suspended in April 2012 following a labour...
China’s aluminum industry estimated to have $1.8B loss last year
The loss is $1.8B, with 35% of companies losing money, or 89 of 281 aluminum enterprises, Qin Junman, vice president of China Nonferrous Metal Industry’s Foreign Engineering & Construction Co., says in presentation for the Metal Bulletin aluminum conference in Geneva today: * Industry still...
China power investment to build aluminium production base in Guinea
China Power Investment Corp. (CPI) entered an agreement with the Guinean government early this month to build a massive aluminium production base in the African country. CPI plans to invest $6 billion in phase one to build a 4 million-tpy alumina plant and supporting facilities, various Chinese...
Troubled alumina maker MAL cuts off 250 jobs
Hungarian alumina maker MAL is laying off about 250 people as it ceases processing its own bauxite, liquidator Judit Kemerle Szego said yesterday. About 72% of the layoffs are skilled workers. The layoffs will take place by next May, she added. MAL earlier laid off 183 people at its bauxite mine in...
After gold scam, Dominican Customs shortens leash on bauxite exports
Customs director Fernando Fernandez on Friday said the agency inspects the bauxite shipped from the port town Cabo Rojo, after the experience with the Canadian miner Barrick Gold Corp, whose exports of doré were retained several times at Las Americans Airport on irregularities. The official, who...
Major hydraulic hose project enhances performance for Rio Tinto Alcan
A crucial project launched to tackle premature component failure at a Brammer-supplied Icelandic facility is delivering huge cost savings for client Rio Tinto Alcan. The initiative to upgrade pivotal equipment has so far saved the customer in excess of £12,000. The project is the latest in a long...
Graphene reinforced alumina tougher and more conductive than plain alumina
Graphene can reinforce ceramics, simultaneously making them conductive – at least that's what Graphenea's most recent scientific work demonstrates. The team of researchers found that when a bit of graphene is added to the ceramic alumina, the material becomes up to 50% less likely to break under...
Clarendon Alumina and Jamaica announce amendments to the fiscal agency agreement
Government of Jamaica announced today the issuance of an aggregate principal amount of US$161,904,731 of its 8.50% amortizing notes due 2021. The 2021 Jamaica Notes were issued in connection with Jamaica's offer to exchange with Eligible Holders outstanding 8.50% amortizing notes due 2021 issued by...
Vedanta seeks Odisha govt's intervention to buy Nalco's surplus alumina
After a failed bid to buy surplus alumina from National Aluminium Company (Nalco) to run its alumina smelting facility at Jharsuguda, Vedanta Aluminium Ltd (VAL) has sought the intervention of the Odisha government on the matter. With its aluminum smelter at risk, VAL wants the state government to...
Chalco narrows loss in H1 by cost reduction
Aluminium Corporation of China (Chalco) narrowed losses significantly in the first half thanks to its cost reduction efforts and gains realized from disposals of some business lines. The company recorded a total loss of 596 million yuan ($96.6 million) in the first six months, it told Hong Kong...
Weak rupee encourages alumina exports in India
National Aluminium Co (NALCO), based in Bhubaneswar, India, is planning to raise its alumina output by 19% and its alumina exports by 40% for this fiscal year, in a bid to increase dollar inflow into India’s weakening economy. With the recent decline in the value of the rupee, Asia’s third largest...
The Government of Jamaica and Clarendon Alumina announce the results for Jamaica's Exchange Offer
The Government of Jamaica announced today the expiration of its offer to exchange with Eligible Holders (as defined below) outstanding 8.50% amortizing notes due 2021 issued by Clarendon Alumina Production Limited and guaranteed by Jamaica for 8.50% amortizing notes due 2021 issued by Jamaica. CAP...
