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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Rio Tinto Alcan: 2013 production figures vastly improved on previous year
Figures released by the Strategic Resource Institute show that Rio Tinto Alcan has increased production of bauxite, alumina and aluminium for Q2 2013 when compared to the same period last year. Bauxite production was up by 21%, alumina production up by 15% and aluminium production also up by 15%....
China’s Alumina Output Jumped 12.18% during H1, 2013
China’s alumina output hit 3.83 million mt in June, up 8.66% YoY, and 21.38 million mt during H1, also up 12.18%, according to the China Nonferrous Metals Industry Association (CNIA). Commissioning of new capacity and completion of facility maintenance pushed China’s alumina output higher. Shanxi...
Norsk Hydro financicial result down on reduce aluminium prices and energy production
Hydro’s underlying gain before financial equipment and taxation was NOK 518 million in a second quarter, down from NOK 1,077 million in a initial entertain of 2013, as revoke aluminium and alumina prices and seasonally revoke appetite prolongation weighed on results. Bauxite and alumina...
Rio Tinto Alcan’s production up thanks to Yarwun demand
RIO Tinto Alcan has boosted bauxite production by 21% in the second quarter of the year, compared to the same quarter in 2012. Strong operational performance has driven higher volumes at Weipa, as bauxite requirements from the expanded Yarwun refinery at Gladstone increased, along with third party...
Norsk Hydro sees solid demand ahead as Q2 tops forecast
Norsk Hydro, one of the world's biggest aluminium makers, said it expected solid demand growth and weak prices this year as it reported a smaller-than-expected drop in April-June core earnings. Its primary metals unit outperformed expectations in the quarter, compensating for increasing losses in...
Vedanta restarts Lanjigarh alumina refinery plant
Vedanta Aluminium Ltd (VAL) on Thursday restarted its 1 million tonne per annum alumina refinery at Lanjigarh in Odisha, about seven months after the company had shut down the unit due to scarcity of bauxite. "We have started operations of the alumina refinery. We have to limit its capacity...
Nalco dithers over alumina supply to Lanjigarh refinery
Anticipating trouble from its workers union, the management of the state-owned Aluminium producer NALCO is deliberating whether it should supply a 'trial' amount of alumina to Vedanta Resources' refinery in Lanjigarh, Odisha. NALCO had obtained an advance from its private sector rival for the trial...
China’s Alumina Imports Hit A 21-Month Low in June
China’s alumina imports totaled 90,000 mt in June, down 71% YoY and 55% MoM, the lowest level in 21 months. Imports amounted to 1.65 million mt in 1H, also down 33% YoY, data from China Customs showed. China’s imported alumina came primarily from Australia. The CIF price of Australian alumina...
Guangxi’s alumina prices slid to RMB 2,240/Mt in early July
Alumina prices in Guangxi fell to RMB 2,240-2,300/mt in early July, down almost RMB 100/mt from early-to-mid June. Persistently depressed aluminum prices are the major reason behind the decline in alumina prices. Oversupply in Guangxi also contributed to the fall in alumina prices in the region....
Alumina may still prevail when market conditions normalise
ALUMINA'S buddy Alcoa is sticking to its forecast of 7 per cent growth in global aluminium demand this calendar year, in ?essentially balanced'' alumina and aluminium markets. This is despite lower prices for the finished metal and the general industry funk. In fact Alcoa's downstream operations...
Vedanta sources bauxite to restart alumina refinery
Vedanta Aluminium Ltd (VAL) Tuesday said it has received about 35,000 tons of bauxite from Gujarat to re-start its alumina refinery in Odisha'sKalahandi district at lower capacity. "We have started getting bauxite from Gujarat. We will build a buffer stock of at least one and half lakh tones of...
Vedanta awaits government report to re-open Lanjigarh refinery
Vedanta Aluminium is awaiting Odisha government’s report on long-term raw material supply to its Lanjigarh alumina refinery in the state before resuming operations at its unit, that has been lying closed for the past seven months, say company sources. The aluminium firm had closed its 1 million ton...
China's alumina outruns aluminum in output during January-May
Data from the China Nonferrous Metals Industry Association (CNIA) show China’s alumina output from January to May grew faster than aluminum output. China produced 3.72 million mt of alumina in May, and 17.56 million mt during January-May, up 10.87% YoY. Aluminum output in May totaled 1.77 million...
China imports 26.72 million mt bauxite during Jan-May 2013
China Customs data show that China imported 26.72 million metric ton of bauxite during January-May. SMM data indicate that Shandong Weiqiao Pioneering Group alone accounts for 51% of total imports. Domestic alumina producers reliant on imported bauxite include Shandong Weiqiao Pioneering Group,...
Iran aluminum output reaches 59,100 tons in April-May
The Islamic Republic of Iran has produced 59,100 tons of aluminum ingots in the first two months of the current Iranian calendar year, which started on March 21, 2013. The volume of aluminum ingot production in the country over the Iranian calendar month of Farvardin (March 21-April 20) stood at...
China’s alumina output rises in May
China’s alumina output hit 3.86 million mt during May, up 10.29% YoY, bringing capacity to 45.45 million mt/yr on an annualized basis, down 1.8%. The lower annualized capacity was mainly resulted from aluminum smelters’ production cuts which left some alumina markets in surplus and weak alumina...
Nalco to boost alumina production capacity
India’s National Aluminum Company Limited (Nalco) and the country’s third-largest producer of aluminum, may soon be getting access to a new 65-million-ton bauxite reserve to expand its alumina refinery from 2.1 million tons a year to 3.1 million tons a year by 2016. A draft of a detailed project...
Orbite Aluminae shares surge on deal with Glencore
Shares in Orbite Aluminae Inc. soared more than 25 per cent in heavy trading on news the company has locked up a buyer for all of its anticipated production of smelter-grade alumina at its Quebec plant. The stock rose to a high of 99 cents before easing back to 86 cents – up 16 cents on the day, or...
