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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Materials Stocks Go For AWC
Alumina Limited (ADR) skyrocketed 5.97% to $8.16 per share. Shares of AWC have so far hit a 52-week high of $11.46 per share and a 52-week low of $5.71.
China turns opportunistic exporter of alumina
The unexpected surge in alumina exports out of China in May and June has highlighted the country's growing role as an opportunistic exporter of the aluminium raw material, built on the back of its fast-growing alumina production.
Hindalco updates aluminum production on Q1 2011
Alumina production was lower at Renukoot, due to constrained bauxite availability. Metal production has been maintained at 140 Kilo tonne level,higher production from the new pots at Hirakud is expected from Q2 FY2012 onwards.
Guangxi Subsidiary Company of Chinalco Faces with Electricity Shortage
Since July and August, Guangxi province ‘s severest electricity shortage in 20 years together with supply tension of coal and high stress from Nanning-Kunming railway all lead Guangxi subsidiary company of Chinalco to face great challenges. In terms of alumina, the key is preventing cost from...
Global Alumina Releases Second Quarter 2011 Results
Global Alumina Corporation (TSX: GLA.U) (the "Company" or "Global Alumina"), a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea (the "Project"), announced today its financial and...
Costs blowout takes shine off Alumina result
ALUMINA shares slumped yesterday after the company missed analysts' first-half profit forecasts because a rising Australian dollar pushed up costs higher than expected.
Chinalco Hold Meeting for Alumina Enterprise Production and Operation
Chinalco recently holds meeting in Beijing to analysis production and operation of alumina enterprise. Party member and president of Chinalco, Luo Jianchuan attends the meeting. Senior vice president Liu Xiangmin presides at the meeting. Luo Jianchuan analyses the productive and operative condition...
Alumina Abrasives produce superior optical finish
Meller Microlux Alumina Abrasive Powders can produce surface finishes to 10-5 scratch-dig on calcium fluoride, ferrites, germanium, silicon, stainless steel, zinc selenide, and zinc sulfide. Featuring seven particle sizes from 0.05 to 3.0 um, these high purity calcined alumina abrasive powders are...
Pigment edge helps propel second-quarter earnings for Tor Minerals
Good pricing trends and sales volumes offset rising costs for raw materials and energy, helping Tor Minerals International post strong revenue and net income gains during the second quarter, according to the company's quarterly financial statement. Karasch said the company expects to complete its...
Alumina first-half net profit climbs 55%
Net profits at Alumina Ltd grew 55% on the year to US$68 million in the first half of 2011, the company said, as rising prices for aluminum and a changing pricing mechanism for its precursor alumina drove up revenues.
Buy Ratings: (HAS), (NEM), (AWC), (LNC), (CAM)
Alumina Ltd (AWC): has a consensus rating of 2.0. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Aug 16, 2010 when Davenport upgraded the company from Neutral to Buy. The result of 2 opinions makes for a mean price target on the stock of $6.42...
Rio Tinto updates aluminum production on H1 2011
The expansion of the Yarwun alumina refinery in Queensland from 1.4 million tonnes to 3.4 million tonnes per annum is proceeding on schedule with first bauxite to be processed through the expanded plant in mid 2012. The expansion will improve cost efficiency for the entire refinery and is expected...
Rio Tinto updates aluminum production on H1 2011
Alumina production is gradually recovering from the abnormally heavy rains between December 2010 and April 2011 which primarily impacted Queensland Alumina’s production affecting bauxite and coal quality, equipment reliability and freight costs. Aluminum production was one per cent higher than H1...
Ord River Resources reports MoU for Laos alumina off-take sale agreement signed
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
Ord River Resources reports MoU for Laos alumina off-take sale agreement signed
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
Ord River Resources reports MoU for Laos alumina off-take sale agreement signed
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
Alumina Abrasives From Meller Optics Produce Superior Finish at Lower Cost Than Diamond Abrasives
Meller Optics, Inc. provides a complete line of high purity calcined alumina polishing abrasives for grinding, lapping, and producing a superior finish on optics at a lower cost than diamond abrasives.
ENRC aluminum production up by 9pct in Q2 2011
Interfax reported that Kazakhstan's Eurasian Natural Resources Corporation in the Q2 of 2011 increased aluminum production by 8.8% to 62,000 tonnes YoY. Bauxite extraction in the reporting period was 1.354 million tonnes, alumina production of 409,00 tonnes was in line with Q2 2010 and showed an...
