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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Indonesia and China firms to jointly invest in an alumina refinery in Batam
Local miner Indopura Resources joined forces with Chinese miner Hainan Joint Enterprise Business Service to build a bauxite smelter at a cost of about $700 million. The funding for the smelter will be supported by China Construction Bank International. The two companies signed a cooperation...
NALCO finalises 300,000 T alumina export contract: sources
India's state-run National Aluminium Co Ltd (NALCO) has finalised a long-term export contract for 300,000 tonnes of alumina for deliveries in 2013 at 16.56 percent of the LME aluminium price on a free on board (FOB) basis, company sources said on Saturday. The Hong Kong- based buyer, whose name was...
Metallurgical engineering research hub established at Queensland University
Queensland's future in bauxite and alumina processing has been strengthened thanks to a partnership between The University of Queensland (UQ) and Rio Tinto Alcan, one of the world's leading bauxite and alumina producers. UQ today announced the establishment of the UQ RTA Bauxite and Alumina...
Galuminium Group's Alumina Project Started Officially
It is reported that annual 800 thousand tons aluminum strip of Guizhou Galuminium Co., Ltd will produce qualified alumina products this month. The plant can produce more than 30 thousand tons of qualified aluminum strip this month, to be sold in spot market according to the company, Guizhou...
Bank of America Raises Alumina Limited rating to Buy
Bank of America upgraded shares of Alumina Limited (NYSE: AWC) from a neutral rating to a buy rating in a research report released on Friday morning. Shares of Alumina Limited opened at 3.99 on Friday. Alumina Limited has a one year low of $2.65 and a one year high of $6.42. The company has a...
Guinea keeps growth forecast despite lower mineral output
Guinea will maintain its 4.8 percent growth forecast for 2012, 0.9 percent higher than the previous year, despite a sharp fall in gold, diamond and alumina production, a report by the finance ministry showed on Tuesday. The mineral-rich West African nation, which relies on mining for about 80...
Vietnam's first alumina plant opening delayed further
Operators have again delayed the opening of the Tan Rai alumina plant in the Central Highlands province of Lam Dong for an undetermined period of time. Before this latest delay for the country’s first-ever alumina plant, the facility was supposed to go into operation on November 1. “The alumina...
NALCO 2nd quarter profit after tax expected to grow by 40 percent
State-run National Aluminium Company's ( NALCO ) profit after tax is expected to grow by 40 percent year-on-year to Rs 195 core in the second quarter of FY13. Net sales are seen going up by 7.7 percent to Rs 1,705 crore from Rs 1,583.7 crore during the same period. Earnings before interest, tax,...
Vedanta Aluminium resumes operation on bauxite availability
After being shut for nine days due to lack of bauxite, the alumina refinery of Vedanta Aluminium Ltd (VAL) at Lanjigarh in Odisha's Kalahandi district opened on Monday with arrival of some raw material. "The refinery plant, which was temporarily shut down on October 13, has opened and re-started...
Vedanta Resumes Operations at East India Alumina Refinery
Vedanta Resources VED.LN -1.66% PLC has resumed operations at its alumina refinery in the eastern Indian state of Orissa where production was suspended for more than a week due to a shortage of bauxite, a raw material. "We have started operations at the plant on Monday after we received bauxite...
Gas pressures put squeeze on alumina
The current state of Australia's natural gas markets is squeezing out investment opportunities for the Australian alumina refining industry - an industry that includes some of the country's largest users of natural gas. Responding to the release of the National Institute of Economic and Industry...
China's alumina imports climb close to 3-year high in September
China’s imports of alumina climbed in September to the highest in almost three years, to meet the country’s expanding aluminium smelting capacity. Inbound shipments of alumina stood at 480,000 tonnes last month, the highest monthly volume since January 2010, according to preliminary customs data...
Vedanta Resources updates on production of aluminium
Vedanta Resources updates about its alumina and aluminium production. Alumina production at the Lanjigarh refinery was 205,000 tonnes in Q2 and 423,000 tonnes in H1, 10% and 6% lower than the corresponding prior periods due to lower supply of third party bauxite. With reduced availability of third...
Orbite Aluminae shares soar on new technology developments
Orbite Aluminae Inc. is a high flying Quebec-based junior miner hoping to strike it rich extracting alumina and rare earth elements from a vast deposit of mineral-rich clays in the Gaspé region. If the technology works as hoped, Orbite could offer a low cost and environmentally superior alternative...
Orbite advances smelter-grade alumina plant
Orbite Aluminae Inc. said it has achieved major technical achievements building the final design phase of the smelter-grade alumina (SGA) plant. With the support of M&K, a North American leader in chemical process design, Orbite successfully modified the SGA plant design by incorporating the best...
Orbite to produce high purity alumina from fly ash
Orbite Aluminae today announced that, based on its patented clean technology for producing alumina, the Company has successfully developed process parameters and a final design for the production of alumina (smelter-grade or high-purity) using fly ash which is created during coal combustion. This...
BHP Billiton Annual Alumina Production Increases 4% In 2012
BHP Billiton came out with its annual report recently showing that the record annual production at the Alumar refinery, Brazil, contributed to a 4% increase in total alumina production in FY2012. Metal production was lower as potline capacity at Hillside in South Africa was temporarily curtailed...
Orbite Alumina rating improved to Buy
Euro Pacific Canada analyst Luisa Moreno has initiated coverage on Orbite Aluminae Inc. which has developed a unique technology to produce alumina from clays, with a "buy" rating, the Globe & Mail reported. She believes the company will be able to start up a full-scale smelter-grade alumina plant...
