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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Vedanta mulls imports to revive Lanjigarh refinery
After exhausting its options to source bauxite from the domestic market, Vedanta Aluminium Ltd (VAL) is mulling importing the raw material to resume operations at its Lanjigarh refinery. The one-million alumina refinery has remained shut since December 5, 2012, on bauxite crunch and VAL has been...
Aluminum output rises in Iran
Companies such as Iralco, Almahdi and Hormuzal produced 59,253 tons of aluminum ingots, indicating a three-percent rise compared to the corresponding figure of last year. They produced 57,582 tons of aluminum ingots during March 21-May 21, 2012. Also, production of alumina powder reached 41,903...
Glencore unit to purchase alumina from Orbite's proposed plant
A unit of Glencore Xstrata plc entered into an agreement with Orbite Aluminae Inc to purchase smelter-grade alumina (SGA) from its proposed plant in Quebec. Under the terms of the agreement, Glencore International AG will buy all the output from the clean technology company's first SGA plant in...
Alumina prices slip in June and look set to remain low
The average SMM alumina price has fallen from May’s RMB 2,514/mt to current RMB 2,473/mt, but the average price for long-term alumina contracts has risen from May’s RMB 2,482/mt to current RMB 2,526/mt. Prices of imported alumina at ports have slipped from RMB 2,654/mt in May to current RMB...
Developing countries drive global alumina zirconia oxide abrasives market
The global market for Alumina Zirconia Oxide Abrasives is projected to reach US$202.3 million by 2018, driven by robust industrial activity in the developing countries and the resurgence of key downstream industries. As stated by the new market research report on Alumina Zirconia Oxide Abrasives,...
China’s enterprises cut production capacity of electrolytic aluminum
The data from General Administration of Customs of the People’s Republic of China showed that in May, China's imported alumina totaled 200,000 tons, decreased by 72 percent year-on-year, and 38% month-on-month. January to May this year, China's imported alumina totaled 1.56 million tons, decreased...
Norsk Hydro decision unlikely to imapct aluminium prices
A force majeure at the world's largest alumina refinery is unlikely to have a significant impact on aluminum prices, unless production issues persist for an extended period, market participants said Thursday. Norsk Hydro ASA announced force majeure at its majority-owned Alunorte alumina refinery in...
China’s alumina imports plunge 72% YoY in May
China Customs data show that China imported 200,000 mt of alumina in May, down 72% YoY and 38% MoM. YTD imports through May totaled 1.56 million mt, also a drop of 28% from the same period last year. SMM attributes the sharp decline in alumina imports to domestic aluminum smelters cutting...
Norsk Hydro issues force majeure notice to customers
Hydro issued a notice of force majeure to its alumina customers on Wednesday as power outages and lowered production at Alunorte alumina refinery may affect alumina deliveries to customers. It is currently not possible to determine or estimate whether and how deliveries to customers will be...
Orbite releases capital cost and timeline estimates for high quality alumina plant
Orbite commissioned and recently received two independent capital cost and timeline estimates for completing the high-purity alumina production plant in Cap-Chat, Quebec, including the installation of the new calcination system. These were subsequently reviewed and analysed by Orbite management and...
Nalco’s short-term outlook remains weak
Government-owned Nalco saw its stock price hitting a 52-week low of INR 32.50 on Thursday, almost half the INR 63.50 on July 4 last year. While the weak outlook for base metals has been responsible, lack of backward integration of coal and the Offer for Sale by the government in March have also...
Ducon completes eight installations in the alumina handling systems
Ducon Technologies announced that in past 5 years the Company has built up extensive and diversified experience in the Alumina handling systems. Ducon has executed eight alumina and crushed bath projects for major aluminum producers of India. Most of these projects have been turnkey in scope and in...
Jamaican Government reviews divestment of Clarendon Alumina Production
In closing the Budget Debate, Jamaican Finance Minister Peter Phillips sought to reconcile the apparent conflict between his pronouncement and that of Minister Paulwell made earlier in the debate regarding the divestment of Clarendon Alumina Production (CAP). He approved of what Dr. Phillips said...
Vedanta’s Lanjigarh refinery to re-open this month
After lying idle for over six months, Vedanta’s one million ton alumina refinery at Lanjigarh is gearing up to resume operations by the end of this month on hopes of bauxite supplies from private miners in Gujarat and also opening of group firm Bharat Aluminum Company Kawardah mines in...
NALCO expects 20% volume growth in alumina in FY14
National aluminium company expects around 20 percent volume growth in FY14. During the year gone by, the firm's alumina refinery produced 1.802 million tonnes of alumina hydrate, which is an all-time high, against the previous best of 16.87 lakh tonne achieved in preceding year. According to...
Vedanta looking for bauxite supplies to restart alumina refinery in Odisha
The Vedanta Group is hopeful of tying up bauxite supplies to restart its alumina refinery in Lanjigarh, Odisha within the next 1-2 months. Vedanta Aluminium Limited (VAL), the group arm which operates the unit, is in talks with a clutch of private miners in Jharkhand, Chhattisgarh besides Gujarat...
China’s bauxite imports reaches 6.74 million mt in April
China Customs data show that China imported 6.74 million mt of bauxite in April, up 29.72% YoY. YTD imports through April hit 20.65 million mt, also up 14.62% YoY. Bauxite CIF prices in April were USD 51.21/mt, an increase of 18.74% from the same period last year. China’s imports of Indonesian...
China boxed in with foreign bauxite
Resource security has long been creating a bottleneck restricting the development of China's aluminum industry. According to figures from the China Nonferrous Metals Industry Association, China's bauxite ore imports were on the rise during the 11th Five-Year Plan period (2006-10). Imports reached...
