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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80% Imported Bauxite of China from Indonesia
China’s import volume of bauxite has been increasing sharply this year. From officials of Chalco and Shangdong Xinfa Aluminum,its learnt that Indonesia is involved in restricting the export of bauxite. This will exert great pressure on the aluminum oxide industry in China. 60% of China’s bauxite...
Chinese aluminium smelters to keep low term alumina imports
China's aluminium smelters may keep imports of raw material alumina under yearly contracts low next year as prices rise and domestic production increases, industry sources said on Tuesday. Term alumina to China for 2012 shipments is being indicated at about 15.5 to 16 percent of the price of...
Australia 2011-12 Alumina exports expected up
The value of commodities exports from Australia will climb 21% in the coming financial year to A$214.76 billion as increased production meets higher prices despite fears for the global economic outlook, the country's Bureau of Resource and Energy Economics, or BREE, reported Tuesday. Export volumes...
Norsk Hydro sells stake in alumina refinery
Norwegian aluminium producer Norsk Hydro would sell its 35% stake in a Jamaican alumina refinery partnership Alpart to Russian peer UC Rusal for NOK 250 million. Hydro said UC Rusal, the world top aluminium producer will own all the shares in Alpart when the transaction is completed in October....
Rusal To Increase Its Stake In Jamaica's Alpart To 100%
Russian aluminum producer United Co. Rusal said Friday it has agreed to buy a 35% stake in Alumina Partners of Jamaica, or Alpart, from Norsk Hydro ASA thus securing 100% control of the alumina producer. Rusal said it paid $46 million for the stake. Rusal acquired a 65% stake in Alpart in 2007...
India's NALCO finalizes 300,000T alumina export deal
Indian state-run National Aluminium Co Ltd has finalized a long-term contract for export of 300,000 tonnes of alumina at about 16 percent of the LME aluminium price on an FOB basis, a company official said on Thursday. "The European buyer will receive the alumina in batches between January to...
Mytilineos sees bright future in alumina in next 5 years
Mytilineos Holdings SA, a Greek metals and energy group, may produce 83 percent more alumina, a raw material used in aluminum production, over the next five years, said Evangelos Mytilineos, the company’s chief executive officer. Production should climb from 820,000 metric tons a year to 1.1...
ChinaCoal:200thousand tons of Coal Ash to Extract Alumina, Project will go into Operation
It is learned that ChinaCoal's 200 thousand tons of coal ash to extract alumina comprehensive utilization project will put into production in November, which is located in Fujia Industrial Park, Shuocheng Area, Shuozhou, Shanxi, and the total investment reaches 0.8 billion Yuan. After being put...
Demand for Aluminum Chemicals in Asia to Increase With Aluminum Metal Demand
Western Asia and Southeast Asia are expected to become the primary drivers for global aluminum demand through 2020, replacing East Asia as China's growth slows due to excessive capacity. Aluminum demand is expected to increase by at least 5% each year. Project investments are beginning to skew...
Alumina case to be ruled on this week
One of Shannon’s biggest employers faces a major financial blow this week if the European Court of Justice rules against it. The court will consider whether Aughinish Alumina should be forced to pay back 19 years of reduced duties on mineral oils, which are used in the production of alumina.
Chinese Aluminum Producers have weak voice in Pricing Aluminum Oxide
Chinese aluminum producers have a weak voice in pricing aluminum oxide, an official of a Chinese aluminum smelting company said on Thursday. Wang Xiaodong, general manager of Henan Shenhuo Aluminium Co.Ltd, said it is because alumina refineries are usually large in scale. While attending an...
Wenshan Aluminum has Finished Alumina Project
800 thousand tons/year of alumina project of Wenshan Aluminum Co., Ltd started in May, 2008, with the close attention of leadership and active involvement of branch office.Now the company has finished the construction of spare storage, finished products filter plant, raw material grinding mill,...
India Alumina Output To Meet Aluminum Smelter Growth -Hindalco
Growth in India's aluminum production will be met by domestic alumina output, not imports, a senior Hindalco Industries Ltd. (500440.BY) executive said Thursday. Anil Gupta, joint president for sales and marketing, said that India may even become a net exporter of alumina. "India is self-sufficient...
Vietnam to start alumina production in Nov-Vinacomin
Vietnam's first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tonnes this year directly to clients without any tenders, the company operating the plant said on Friday. Alumina output at the $460 million Tan Rai plant would rise to 350,000...
Inalum Alumina Raw Material Supply
PT Indonesia Asahan Aluminium (Persero) or Inalum will potentially reduce, even stop the import of raw material alumina, as the government plans to impose disincentives for non-renewable natural resources in 2014.
Market Analysis – Alumina Limited
Alumina Limited (ADR)(NYSE:AWC) fell -3.33%, to close at $6.96 and its overall traded volume was 89,790.00 shares in the last trading session. AWC opened the day at $6.72, it made an intraday low of $6.72 and an intraday high of $6.98. The 52-week range of the stock is $6.49 – $11.46. The market...
Alumina Limited : 2011 Shareholder Half Year Update
We are pleased to report to you on Alumina’s improving earnings during 2011 and the increased interim dividend payable to shareholders. Earnings growth driven by higher realised alumina prices and solid operational performance Alumina’s underlying earnings in the half year to June 2011 increased to...
Indonesia May Tax Shipments of Raw Minerals, Minister Says
Indonesia is considering imposing a tax on exports of mineral ores and concentrates such as nickel, copper and iron ore before their shipment in non-processed form is banned in 2014, Industry Minister Mohamad Hidayat said. A tax would encourage domestic processing of the metals, Hidayat said in...
