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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Bosai Group's alumina project to be the largest alumina base in Chongqing
With the running of Bosai 800 thousand tons alumina technical improvement project, Nanchuan has built the largest alumina base in the city; annual production reaching 1600 thousand tons. Through overseas expansion and technological improvement, the production capacity of Bosai Xianfeng Alumina...
Alumina prices to decide bauxite project's efficiency
As requested by the Prime Minister of Vietnam, the two bauxite plants Tan Rai and Nhan Co will have their capacities unchanged during the trial period from now to 2015, said Nguyen Manh Quan, director of the Heavy Industry Department under the trade ministry. By 2020, their capacities would be...
Alumina Ltd. shares rise high
International companies trading in New York closed sharply higher Tuesday after the Dow Jones Industrial Average surged to a new record. Alumina Ltd. shares rose 2.6% to $4.69 after logging a drop of more than 4% on Monday. Shares of Sims Metal Management Ltd. (SMS, SGM.AU) gained 1.5% to $10.57.
India's Nalco issues 30000 t alumina export tender
Indian state-run National Aluminium Co Ltd (Nalco) had issued a tender to export 30000 t of alumina for delivery this month on free-on-board (FOB) basis, two company sources said on Friday. The last date for submission of bids was March 6, said the officials, who did not want to be named as they...
Hindalco shares to improve on strong alumina outlook
Deutsche Bank has reiterated its 'buy' rating on Hindalco and maintained the target price of Rs 148, an upmove of over 39 per cent from the current market price, on improving alumina pricing outlook. According to the brokerage, spot alumina prices have moved sharply higher recently on expectations...
Lam Dong bauxite project will have economic effects: Vinacomin
After the Prime Minister agreed to halt the construction of Ke Ga Port, Deputy Prime Minister Hoang Trung Hai has requested the Ministry of Industry and Trade to assign the Coal and Mineral Industry Group Viet Nam (Vinacomin) to look for an alternative plan for production mining project of Tan Rai...
China bauxite imports set new record with an increase of 67.59%
According to Chinese customs data.the country imported bauxite 5,137,200 tons,which increased 67.59% comparing with the same period a year ago. Based on the detailed analysis of the data ,The import volume from India increased 28.84% year-on-year, rising to 3,039,000 tons, The import volume from...
Australia Minerals & Mining Group seeks patent for alumina processing technology
Australia Minerals & Mining Group has filed a new patent application with the Australian Patent Office for its unique acid-based alumina processing technology. The technology produces alumina from its aluminous clay material with purity levels greater than 99.95% purity. It also benefits from a low...
Alumina Limited reports 13% drop in revenues for FY2012
Australia-based bauxite mining company Alumina Limited has reported a net loss of $62.1m for the full year 2012, reversing the previous year profits of $126.6m. The miner also reported a 13% drop in revenues to $5.8bn from its subsidiary Alcoa World Alumina and Chemicals (AWAC), as against revenues...
Experts blast Tan Rai bauxite plant’s effectiveness
Although Tan Rai, Vietnam’s first bauxite plant, has already become operational and had its very first batches of products, experts close to the matter say the plant will be facing a paradox in which more products mean more losses. The US$460-million facility, based in the Central Highlands...
Alumina Limited sits tight on dividend payments
Alumina is holding off paying dividends despite recent price improvements and the post-balance-date equity injection of $452 million from China's state-owned Citic. There was no surprise on the dividend decision as sharply lower alumina and aluminium prices plus the revenue-sapping effects of the...
Jamaica companies being downgraded over government debt swap deal
The New York-based Fitch Ratings agency announced today that it had downgraded the Clarendon Alumina Production Ltd's ratings on the basis of the Jamaica government debt exchange, which closes today. This follows announcements made last week by international insurance rating agency A.M Best that it...
India, China to import more of Alumina in coming year
Despite great resource potential, government bureaucracy and local sensitivities have effectively stymied India’s bauxite/alumina expansions in the country. It is likely that smelter production will move well ahead of domestic alumina availability requiring higher imports over the next several...
Alumina unlikely to bid for Rio's Pacific Aluminium
Australia's Alumina Ltd on Thursday said it was unlikely to bid for Rio Tinto's Pacific Aluminium business, but did not rule out that its new Chinese shareholder, state-owned CITIC Group, might be interested. "I don't believe that the intention of them (CITIC) coming on to our register has anything...
China advances its way into the U.S.-Australia relationship
History and money link the U.S. and Australia but that’s not stopping China from shoehorning its way into the relationship at a business a level, as well as in laying the foundations for a push to replace the U.S. in a region it regards as its backyard and a critical supplier of raw materials. A...
Orbite gets patents for producing alumina
Montreal’s Orbite Aluminae Inc. has received Russian and Chinese patents for producing alumina from aluminous clays found in Quebec’s Gaspé area and from other ores. Both countries are among the world’s largest producers of alumina, the intermediate material used in smelting aluminum metal. The...
AMMG technology produces 99.9% high purity alumina
Australia Minerals and Mining Group (AMMG) has successfully produced over 99.9% (3N) of high purity alumina (HPA) using its own unique aluminous clay (kaolin) to alumina processing technology. Using samples from all four of AMMG’s South West HPA projects in Western Australia, the material presented...
Precision Light and Air Pty Ltd offers process analyzers for alumina plants
Precision Light and Air Pty Ltd specializes in in-line process analyzers for direct insertion into pipes and tanks for the alumina industry where high scale and erosive process is the norm. • Slurry liquor phase density meters for caustic concentration in clear liquors and slurries. • In line steel...
