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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Alumina shares have the Lowest Forward P/E Ratio in the Aluminum Industry
Below are the three companies in the Aluminum industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to...
Alumina-based honeycomb lattice for faster, cheaper gas and liquid separation
Using a new process they describe as "reverse fossilization," scientists at Kyoto University's WPI Institute for Integrated Cell-Material Sciences (iCeMS) have succeeded in creating custom designed porous substances capable of low cost, high efficiency separation. The process takes place in the...
UBS cuts BHP and Rio's Profit by 4%
UBS AG downgraded BHP Billiton Ltd. (BHP) and Rio Tinto Ltd. (RIO)’s earnings estimates by 4 percent due to Australia’s mining and carbon taxes. BHP will pay $715 million in mining tax and A$300 million ($302 million) in carbon tax in the year ending June 30, 2013, UBS analyst Glyn Lawcock said in...
Orbite starts construction of Quebec high purity alumina plant
The Montreal company said its technology will ultimately revolutionized the way that alumina is produced, be it high-purity or smelter grade. Orbite Aluminae Inc. said it has begun construction of a high purity alumina plant in the Gaspe region of Quebec. The company said in a press release that...
Research and Markets Research Report on China Alumina Industry
This 2012 Deep Research Report on China Alumina Industry is a professional and in-depth research report on the China Alumina industry. The report firstly defines the Alumina (AL2O3) industry development including history, classification and industry overview. The report then discusses Alumina...
New Alumina Adsorbent to Remove Formaldehyde from Water
Iranian researchers succeeded in the production of a new type of nano-adsorbent which is capable of removing formaldehyde from water resources. Taking into account the need for the production of materials able to eliminate formaldehyde, researchers studied the effective parameters on the reactivity...
Volatile economy brings Alumina Ltd share price down
The share price of Alumina Ltd ((AWC)) has returned to GFC lows in recent months, impacted by ongoing volatility in global equity markets, falling aluminium prices and a still strong Australian dollar. Even allowing for the recent share price falls Citi sees limited upside in Alumina Ltd at present...
2012 Research Reports on China High Purity Alumina Industry
ReportsnReports.com publishes a market research report on Global and China High Purity Alumina Industry. This research covers High Purity Alumina (Al2O3>=99.99% 4N or above 4N Purity) analysis of global as well as Chinese markets. In addition to industry overview, the report covers manufacturing...
Guinea says 2012 growth target at risk
A slowdown in alumina and diamond production in early 2012 is jeopardizing Guinea's target for securing economic growth of 4.7 percent for the year as a whole, an economy and finance ministry official said on Monday. Guinea, the world's largest exporter of the aluminium ore bauxite, has seen...
China Hongqiao Group Limited gets 'BB' Ratings (IDR) from Fitch Ratings
Fitch Ratings has affirmed aluminium manufacturer China Hongqiao Group Limited's (Hongqiao) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at 'BB'. The Outlook is Positive. Fitch has also affirmed Hongqiao's senior unsecured rating at 'BB'. The ratings are currently constrained...
Gujarat Minerals to earn Rs 20 crore from bauxite sale to Anrak
Gujarat Minerals Development Corporation Ltd (GMDC) on Thursday said it has inked a pact of sale of non-plant grade bauxite with a Hyderabad-based company. This would make GMDC earn Rs 20 crore. GMDC, known for its multi-mineral and mining expertise, said it would provide bauxite from its Gadhsisa...
Orbite Aluminae begins commercial functioning of Cap-Chat Alumina plant
Orbite Aluminae of Montreal has begun construction of its high purity alumina (HPA) production plant in Cap-Chat. The company has successfully run a pilot plant at the site, and now it will spend between $26 million and $30 million to bring the plant up to commercial capacity. The original...
Rio Tinto Alcan CEO focusses on Alumina and Bauxite to help cut production costs
Rio Tinto Alcan, one of five operating groups operated by Rio Tinto PLC, is focusing its investment and development on bauxite and alumina, Jacynthe Cote, chief executive of Rio Tinto Alcan, said Tuesday at the American Metal Market Aluminum Summit. "Remember that it all starts with bauxite and...
Nalco workers protest sale of alumina to Vedanta Aluminium
Politics over alumina sales to Anil Agarwal-owned Vedanta Aluminium (VAL) has deprived the blue-chip PSU National Aluminium Company(Nalco) an additional profit of at least Rs 200 crore per annum. With the Congress-backed workers' union up in arms against any deal with VAL, Nalco authorities are...
ANF Develops Alumina Nano Fibers(Nafen): A unique nanomaterial
ANF Development, a pioneer in the production of alumina nanofibers, have launched their new product called Alumina Nano Fibers (Nafen™), a new revolutionary type of fibers of regular ordered structure with controllable diameter of 7 to 40 nm and the unmatched record fiber length of up to 15+cm. The...
Chalco raised the ex factory price of alumina to CNY 2,900 per tonne
CapitalVue reported that Aluminum Corporation of China raised the ex factory price of alumina to CNY 2,900 per tonne an increase of 3.6% from several days ago. According to the company, policy changes on Indonesian alumyte impacted on supplies of the metal and Chalco has now decided to carry out...
Ormet Announces $1.1 Million Quarterly Loss
Ormet Corp. posted a $1.1 million net loss for the first three months of 2012, but company officials spent $1.9 million during this time to reline 22 pots at the Primary Aluminum Reduction Plant. As Ormet gears up for the future, the company continues dealing with costs related to the restart of...
Alumina Ltd. possesses the Lowest Forward P/E Ratio in the Aluminum Industry
Below are the three companies in the Aluminum industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be....
