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...
Grow with
AL Circle
Indonesia and China agreed to produce alumina jointly
Indonesia and China have agreed to jointly produce alumina, commodities processing of bauxite into aluminum upstream raw material industry with aluminum ingot products, amounting to two million tons per year. The deal is a series of signing a memorandum of understanding between the PT Indonusa...
China alumina refinery temporarily closed on environmental grounds
An alumina refinery in China that is 33% owned by Chalco has been closed down by authorities temporarily on environmental grounds. The refinery is located in Guangxi, South Western China and has been closed following an order from the Ministry of Environmental Protection last week. The country’s...
Nirmal Bang updates on Hindalco Industries
Hindalco Industries' 1QFY13 EBITDA were 36%/38% below our/street estimates, respectively, on lower copper and aluminium production due to planned plant shutdown and temporary disruption, respectively. PAT was just 10%/17% below our/street estimates, respectively, primarily due to a significant jump...
Alumina cuts forecasts, shares down
Alumina Limited has cut its forecast output for alumina amid sustained low demand and prices, which pushed it to a net loss of $US14.6 million for the six months to June, equal to a loss of 0.6 US cents per share. The company has cut forecasts to 15.5 million tonnes from the annualized production...
Regulatory hurdles force alumina refiners to cut production
Regulatory hurdles and land acquisition problems are forcing alumina refiners to cut production, raising fears that India may have to rely more on exports for its aluminium requirement despite having huge reserves of the ore required for its production. At 3.3 billion tonne, India has the world's...
Bauxite demand is up but supply might be restricted
A report in India's Business Standard has hinted that while global demand for bauxite is likely to rise at an annual rate of 6.9% from 220Mt in 2011 to 750Mt by 2030, availability of the mineral from which alumina is derived, might be limited if exporting nations follow Indonesia's lead and slap on...
China alumina producers eye Indonesia for supply
Three of China's biggest alumina producers are planning to invest at least $1 billion into bauxite mines and refineries in Indonesia to guarantee supplies of the aluminium raw materials under threat from new export taxes and a 2014 export ban. The plans are among the first signs that Jakarta's...
Bosnia's sole alumina plant Birac resumes production
A day after halting production after the Balkan country's main gas distributor cut supplies to the company over outstanding debts, Bosnia's sole alumina plant, Birac resumed production on Thursday after two agreeing to pay part of its debt to the country's main gas distributor, BH Gas. Birac,...
ENRC updates on alumina and aluminium division
Eurasian Natural Resources Corporation PLC announced the production of alumina and aluminium. In Q2 2012, bauxite extraction was 3.2% lower than in Q2 2011 and 4.1% higher than in Q1 2012. Alumina production decreased 8.1% versus Q2 2011 but increased 13.9% versus Q1 2012. The production problems...
QED Connect, Inc. to acquire Kyrzyg Alumina, an aluminum mining company.
QED Connect, Inc. today announced that it has entered into letters of intent (LOI) to acquire 100% of Terra Resources and Kuma Oil, both oil and gas companies, and Kyrzyg Alumina, an aluminum mining company. Terra, through its subsidiary company NV Alliance, has oil and gas rights in the Republic...
Alumina opens up new possibilities in Dentistry
Dentistry is an ever-evolving science that strives to utilize the most advanced technologies. New materials are developed to improve past techniques and offer better options for dentists and patients. To this end, the substance alumina has been rising in popularity, particularly in the field of...
Bosnia alumina plant halts production due to gas supply cut
Bosnia's sole alumina plant, Birac, halted production on Wednesday after the Balkan country's main gas distributor cut supplies to the company over outstanding debts, Birac said in a statement. "Production at the Birac factory was completely halted after all gas reserves had been exhausted," the...
Sterlite Industries updates on Vedanta Aluminium Limited
Sterlite Industries India Limited announced the production of Vedanta Aluminium. During Q1, Lanjigarh refinery produced 218,000 tonnes of alumina with bauxite from BALCO and third party purchases. Aluminium production at Jharsuguda was 11% higher at 124,000 tonnes as compared with corresponding...
Alumina Limited shares reveals a potential bearish trend
Analyzing the price chart for Alumina Limited has revealed a potential bearish inside day candle pattern. Yesterday's price range of $2.87 and $2.92 is within the prior day's high and low of the day. This trading action often signifies indecision by bulls and bears to drive prices higher or lower...
Orbite Aluminae offers technology to treat Red Mud
Canadian clean tech company Orbite Aluminae Inc. is pleased to announce that it has developed a patented technology that can treat red mud, the most significant waste product of the traditional Bayer process for aluminum production. The Company thus offers the only ecologically sound and...
India's Vedanta ups Q1 aluminium production by 7%
Indian miner Vedanta Resources' total aluminium production was up 7% for the first quarter of its 2013 financial year at 185,000 mt, from 173,000 mt in the previous quarter, the company said Tuesday. "Production at the Jharsuguda-I 500,000 mt smelter was 11% higher at 124,000 mt. The BALCO-II...
Alumina Ltd shares entered oversold territory
In trading on Monday, shares of Alumina Ltd entered into oversold territory, changing hands as low as $2.70 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is...
State Committee for Property Affairs launches production of Ganja Alumina
The State Committee for Property Affairs of Azerbaijan continues measures aimed at supporting national productions. The Committee reports that its chairman Kerem Hasanov, speaking at the SCPA Collegiate Organ’s meeting, said that the taken measures allowed start of production at facility Ganja...
