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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Ukraine Jan-Oct Alumina Exports 8.5% Up On Year At 1.274M Tons
Ukraine exported in January-October 1.274 million metric tons of alumina, 8.5% more than in the corresponding period in 2010, the government reported Monday. The exported alumina was worth $419.78 million. Alumina exports in October totaled 127,042 tons, 4.5% more than in September this year and...
Orbite says pay back for Quebec project one year
It was a day later than scheduled, but that did not dampen Quebec-based Orbite Aluminae's enthusiasm in hosting a call to discuss Genivar's preliminary economic assessment (PEA) of its aluminous clay project in the province, which CEO Richard Boudreault said would prove a “game changer”. The...
Refinery sets target date for plant
Orbite Aluminae Inc., with an ambition to supply Quebec aluminum smelters with half their intermediate alumina material by 2020, will soon freeze the design of its planned commercial process plant and aim at a 2013-2014 start-up, CEO Richard Boudreault said on Wednesday. Orbite plans to convert...
Trading of Orbite Aluminae shares halted on Tuesday
Trading in the shares of Orbite Aluminae Inc., developer of the Grande Vallée aluminous clay deposits in Quebec’s Gaspé region, was halted Tuesday after the firm released a favourable Preliminary Economic Statement. The PEA (scoping study) broadly assesses if a mining or industrial project could be...
Alumina Makes a Move: Up 10.9%
One of today's stocks on the move is Alumina (NYSE:AWC), up 10.9% to $5.40. The S&P is trading higher by 3.1% to 1,195 and the Dow is trading 2.7% higher to 11,540. In the past 52 weeks, Alumina share prices have been bracketed by a low of $4.86 and a high of $11.46 and are now at $5.40, 11% above...
Côté’s new Rio Tinto Alcan will be best for bauxite
Rioe Tinto Alcan, once it has divested the 13 assets it put up for sale in October, will occupy the “best bauxite position in the industry”, ceo Jacynthe Côté said at Rio’s investor seminar in Sydney on Monday. The 13 assets include aluminium smelters in Australia, New Zealand, the USA and Europe,...
Alcoa's Upstream Value Not Shaken by Economic Uncertainty
Aluminum is a highly cyclical industry, and Alcoa's (AA) shipments have not yet recovered to prerecession levels; aluminum prices are still more than 35% below their 2008 peak after losing some of their gains in the past few months. We think that long-term fundamentals support aluminum demand and...
Electrolytic Aluminium Output Increased 9.5% from January to October
From January to October 10 kinds of non-ferrous metals output reached 28,760 thousand tons,which was an increase of 10.4% yoy, while the growth rate slowed down by 10.85%. Electrolytic aluminum output reached 14,680 thousand tons,which was an increase of 9.5% and the growth rate slowed down by...
NALCO expects 3-fold rise in exports; to revamp Vizag facility
Expecting a three-fold increase in alumina exports to about 3 million tonne per annum (MTPA) in the next three years, state-run NALCO is set to revamp its port handling facility at Visakhapatnam. "We expect alumina exports to attain a peak of 2.7 MTPA by 2014-15 and will soon revamp the existing...
Rio Tinto Alcan's Vaudreuil alumina refinery is awarded the highest distinction from Recyc-Québec
Rio Tinto Alcan's Vaudreuil alumina refinery in Saguenay has received Ici on recycle! Level 3 certification from Recyc-Québec. The Level 3 performance certificate is the highest distinction awarded by this public corporation within the framework of this programme, in recognition of the efforts made...
Growth in Economy - Mining On the Move
Mining and quarrying saw the most growth of all sectors in the economy during the July to September quarter of 2011, with an increase of 7.5 per cent. This growth contributed to the economy growing by 0.5 per cent for the quarter under review. It is also projected that the economy will grow by...
BaselCement Pikalevo looking to up alumina output 7pct in 2011
CJSC BaselCement-Pikalevo plans to increase the amount of alumina it produces this year by 7% over last year to 255,500 tonnes. The company produced more than 210,000 of alumina in January to October up by 10%YoY. Mr Dmitry Niklayev Company Director cited in the press statement that production...
Australia Minerals & Mining Group explores technology to produce alumina
Australia Minerals & Mining Group has been granted a five year option to acquire a technology licence that allows the processing of kaolin or aluminous clay to alumina. Remuneration terms for the exclusive, Australia-wide technology licence are yet to be agreed upon. Professor Shang, who owns the...
Ukraine Jan-Sep Alumina Exports 1.15 Mln Tons, Up 7.9%
Ukraine exported 1.15 million metric tons of alumina in the first nine months of the year, 7.9% more than in the corresponding period of 2010, the government reported Monday. The exported alumina was worth $372.98 million. Alumina exports in September totaled 121,990 tons, 7.6% less than in August...
Jamaica to offload stake in Windalco
Government plans to sell its seven per cent stake in West Indies Alumina Company (Windalco), which includes operations at Ewarton and Kirkvine, according to Philip Baker, a top economist at the Jamaica Bauxite Institute (JBI). Valuators are currently tabulating the net worth of the assets. The...
Alumina Monthly Output of Chinalco Shandong Branch Set Records
Alumina monthly output of Chinalco Shandong Branch has created record high and hit to 211.6 thousand tons.This fully demonstrated the scale advantages of alumina production by low temperature bayer process. Chinalco Shandong Branch went deep into production to find out weak links, to stabilize...
Montreal firms to do feasibility study for Gaspé alumina processing plant
Orbite Aluminae Inc., developer of the Grande Vallée aluminous clay mining project in Quebec's Gaspé region, has awarded the full feasibility study for the companion alumina processing plant to a consortium of Montreal engineers Genivar Inc. and Johnston-Vermette after an international competitive...
Shares of Alumina Under Pressure, Down 1.7%
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 1.7% to $5.94. The Dow Jones Industrial Average is now trading 0.2% higher to 12,104 and the S&P is trading 0.3% higher to 1,255. Alumina share prices have moved between a 52-week high of $11.46 and a 52-week low of $5.15 and are...
