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...
Grow with
AL Circle
Alcoa Reveals Alumina Price Strength
Alcoa AA reported headline second-quarter income of $322 million, a 5% increase from the first quarter. Favorable from Alumina's AWC perspective is that alumina drove most of the gain for Alcoa, with headline segment income rising 31% to $186 million. Alcoa's alumina result has proved a reliable...
Asia Pacific region's alumina weakened by unplaced cargoes
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Asia Pacific region's alumina weakened by unplaced cargoes
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Rio Tinto Q2 Global Iron Ore Production Rises 12% - Quick Facts
Rio Tinto,in its second-quarter 2011 operations review, reported global iron ore production of 49 million tonnes attributable for the period, which was up 12 percent compared with last year. The company also noted that Mined coppee production was down 24 percent on the 2010 second quarter, mainly...
Rio Tinto Q2 Global Iron Ore Production Rises 12% - Quick Facts
Rio Tinto,in its second-quarter 2011 operations review, reported global iron ore production of 49 million tonnes attributable for the period, which was up 12 percent compared with last year. The company also noted that Mined coppee production was down 24 percent on the 2010 second quarter, mainly...
Rio Tinto Q2 Global Iron Ore Production Rises 12% - Quick Facts
Rio Tinto,in its second-quarter 2011 operations review, reported global iron ore production of 49 million tonnes attributable for the period, which was up 12 percent compared with last year. The company also noted that Mined coppee production was down 24 percent on the 2010 second quarter, mainly...
China June output of copper and aluminium highest on record
Reuters reported that China's production of refined copper primary aluminum and its precursor raw material alumina hit monthly records in June making a strong finish to the first half of 2011. The data from the National Bureau of Statistics showed that refined copper production rose 8.7% on the...
China June output of copper and aluminium highest on record
Reuters reported that China's production of refined copper primary aluminum and its precursor raw material alumina hit monthly records in June making a strong finish to the first half of 2011. The data from the National Bureau of Statistics showed that refined copper production rose 8.7% on the...
Alumina's JV partner sees rise in income
Alumina's joint venture partner Alcoa increased its second quarter earnings as an improving manufacturing sector drove higher sales and prices. US-based Alcoa reported net income of $US322 million ($A303 million) in the three months to June 30, up from $US136 million in the previous corresponding...
CO2 scheme 'depends on electricity'
Alumina Ltd says the government's carbon pricing scheme's effect on the local aluminium industry will depend on the treatment of electricity. The company said it had yet to see the full details of the proposed legislation and regulations, and that would determine whether the Australian aluminium...
ALUMINA DEVELOPMENT: Orbite to advance Cap-Chat pilot plant to commercial production
Montreal-based Exploration Orbite has raised $57.5 million through a recently completed bought deal. Most of the net proceeds will be used to convert the company's Cap-Chat pilot plant into a commercial facility producing ultra-pure alumina. Orbite's major holding is its Grande Vallee property in...
4.4% RETURN SEEN TO DATE ON SMARTREND ALUMINA CALL (AWC)
SmarTrend identified a Downtrend for Alumina (NYSE:AWC - Snapshot Report) on May 03, 2011 at $9.65. In approximately 2 months, Alumina has returned 4.4% as of today's recent price of $9.23. In the past 52 weeks, shares of Alumina have traded between a low of $5.03 and a high of $11.46 and are now...
Export price for domestic ore
Two decades after economic reforms and the junking of industrial licensing circa 1991, a remote corner of India , Lanjigarh, off Niyamgiri hills in southern Orissa, produces about as much alumina now as was the total national output then of the high-value commodity . The one-million...
Aughinish refinery group back in black after two years of losses
THE LARGEST aluminium refinery in Europe, Rusal Aughinish on the Shannon estuary, returned to profit last year after sustaining combined pre-tax losses of $63.6 million (€43.7 million) in 2009 and 2008. A spokesman for the company confirmed yesterday that its 2010 accounts are expected to show a...
Aughinish refinery group back in black after two years of losses
THE LARGEST aluminium refinery in Europe, Rusal Aughinish on the Shannon estuary, returned to profit last year after sustaining combined pre-tax losses of $63.6 million (€43.7 million) in 2009 and 2008. A spokesman for the company confirmed yesterday that its 2010 accounts are expected to show a...
Aughinish refinery group back in black after two years of losses
THE LARGEST aluminium refinery in Europe, Rusal Aughinish on the Shannon estuary, returned to profit last year after sustaining combined pre-tax losses of $63.6 million (€43.7 million) in 2009 and 2008. A spokesman for the company confirmed yesterday that its 2010 accounts are expected to show a...
Exploration Orbite transforming aluminum production
Exploration Orbite Inc., developer of the Grande Vallée aluminous clay deposits in the Gaspé Peninsula, has passed another milestone towards proving the mineral can be converted successfully into alumina, the intermediate material used to smelt primary aluminum. CEO Richard Boudreault said Tuesday...
Exploration Orbite transforming aluminum production
Exploration Orbite Inc., developer of the Grande Vallée aluminous clay deposits in the Gaspé Peninsula, has passed another milestone towards proving the mineral can be converted successfully into alumina, the intermediate material used to smelt primary aluminum. CEO Richard Boudreault said Tuesday...
