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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CHIC to build alumina refinery
China Henan International Cooperation Group Co Ltd will spend $3 billion to build an alumina refinery in Sangaredi, Guinea, within four years, said Ousmane Kaba, an adviser to the African nation, on Tuesday. Annual production capacity at the site, 350 kilometers northwest of the Guinean capital,...
Ore-bauxite factory to open in April
Ha Noi — The Tan Rai ore-bauxite factory, part of the Lam Dong Aluminum-Bauxite Complex Project, is expected to come into operation in April, said the project management board. At present, the Tan Rai Aluminum Bauxite Project has completed around 90 percent of its targeted construction. With...
China Aluminum Output Grows Slower in 2011
China’s National Bureau of Statistics issued the Statistical Communiqué of the People's Republic of China on the 2008 National Economic and Social Development (Communiqué) on February 22. According to the Communiqué, China’s aluminum output was 17.68 million mt during 2011, up 12.1% YoY, while...
Manufacturing is Back and So is Aluminum Demand
Not a lot of companies can say what Alumina Limited (ADR) (NYSE:AWC) said about its full-year profit for the year ended Dec 31 ’11: Its profit tripled. Alumina is an Australia-based company and through its 40% ownership of Alcoa World Alumina and Chemicals (The Company’s partner, Alcoa, owns the...
Guangxi Baise Aluminum Industrial Output Reaches Hundred Million Yuan Per Day
It is learned of that Baise City overcame coal and power shortage, market sluggish and increased production cost that produced alumina 5292.1 thousand tons, electrolytic aluminium 417.1 thousand tons, aluminum products 712.6 thousand tons, carbon 506.3 thousand tons and caustic soda 180.5 thousand...
Guinea bauxite, alumina output rise in 2011
Guinea's bauxite and alumina output rose in 2011, although work stoppages and softening world demand prevented a larger increase in production, the West African state's government said on Monday. Bauxite production rose more than 9 percent to more than 17.5 million tonnes, while alumina output rose...
Alumina Cautions On Volatile Prices In 2012 After Profit Jump
Alumina Ltd. (AWC.AU), a partner in the world's largest producer of the key ingredient in aluminum, Thursday cautioned that prices are likely to remain volatile in 2012 after falling sharply toward the end of last year and even as the industry cuts smelting capacity. The Australian company said its...
Raw Commodity Export Ban Sparks Smelter Building Boom in Indonesia
State-miner Aneka Tambang (Antam) will build smelters in Halmahera, North Maluku, to produce 27,000 tons of ferronickel annually; in North Konawe, Southeast Sulawesi, for 120,000 tons of “pig iron” annually; and in Mempawah, West Kalimantan, for one million tons of smelter-grade alumina. The...
Sell National Aluminum Company - Elara Capital
National Aluminium (Nalco) reported its Q3FY12 numbers far below our as well as street estimates. The lower than anticipated performance was a result of lower volume sales, decline in the LMEs and higher wage costs. The revenues for the quarter increased 0.4% YoY but declined 11.4% QoQ on the back...
Alumina Nano-Coating Helps Improve Heat Transfer Rate of Solid Surfaces
A research team led by Bo Feng from the Georgia Institute of Technology has doubled the heat transfer rate of a metal surface by applying an alumina nano-coating over it. The research team utilized an atomic layer deposition method for controlling the thickness of the alumina coating. Pool boiling...
Alumina FY profit surges 266%
Alumina Limited (ASX:AWC) has posted a large increase in yearly profit thanks to higher alumina and aluminium prices and production, but warns its outlook for the year is volatile. For the year to December Alumina posted a profit 266 per cent higher than the previous corresponding period. The group...
Australia's Alumina to Double Exposure to Index Prices
Australia's Alumina Ltd expects to double its exposure to spot index pricing of alumina by the end of 2012, the company said on Thursday after reporting 2011 net profit more than tripled. Alumina holds 40 percent of Alcoa World Alumina & Chemicals (AWAC), the world's largest alumina business, with...
Short-term aid won't save plant: Alumina
ALCOA'S partner in the troubled Point Henry aluminium smelter at Geelong, Melbourne-based Alumina, has warned that short-term government support alone will not save the operation and its 600 jobs. The warning highlights the structural pressures of a strong dollar and the rise of a low-cost...
Alumina profit surges in FY
Alumina Ltd has warned its outlook for 2012 is volatile, despite posting a big jump in annual profit for 2011. The near fourfold surge in profit comes on the back of higher production, along with stronger alumina and aluminium prices. For the full year to December 31, Alumina posted a net profit of...
UC Rusal update on alumina production in 2011
UC RUSAL's total attributable alumina output amounted to 8.154 million tonnes in 2011 as compared to 7.840 million tonnes in 2010 an increase of 4%. Alumina output in the Q4 of 2011 increased by 2% to 2.082 million tonnes as compared to 2.049 million tonnes in the Q3 of 2011 and was flat compared...
Norsk Hydro Sees Stable Alumina Market In First Quarter 2012
The global alumina market is expected to stay fairly stable for the first quarter of 2012, Norwegian producer Norsk Hydro ASA (NHY.OS) said Thursday, with prices trading around $305 a metric ton by the end of 2011. The producer said the ramp-up of new primary metal production capacity was a key...
‘Red mud’ recycling unit planned for RUSAL smelter
Russia: Russian aluminium giant UC RUSAL is aiming to launch a Euro 15 million alumina production waste recycling facility at its Urals Aluminium Smelter in October 2014. With only 10% of this waste currently recycled and the remainder stored in special disposal areas, this represents a major...
Alumina profit jumps, outlook cautious
Alumina Ltd has delivered a near fourfold surge in full year net profit on the back of higher alumina and aluminium prices and production, but says it has a cautious outlook for 2012. Net profit for the 12 months to December 31 was $US127 million ($A119.16 million), up from $US35 million ($A32.84...
