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...
Recently, domestic alumina spot and futures prices have weakened in tandem, and market sentiment has become more cautious. According to Mysteel research, China's operating alumina capacity has reached 99 million tonnes per year, the highest level so far this year. New commissioning and technical...
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The non-contact form of Atomic Force Microscopy(AFM) led by researchers from Vienna University of Technology(TU Wien) and University of Vienna has revealed unknown facts about the notably complex structure found on the surface of aluminium oxide. The research report states that the structure of the...
According to Iranian Mines and Mining Industries Development & Renovation (IMIDRO), aluminium production in Iran through the first five months of Iranian calendar year (from March 20 to August 21) totalled 264,617 tonnes, compared to 267,983 tonnes during the corresponding period of the previous...
Alumina production in Africa & Asia (ex-China) rebounded in August 2024 after a drop the previous month. The output, as per the International Aluminium Institute survey, recovered by 1.32 per cent M-o-M, a testament to the industry's stability, even though it did not reach the production level...
In September 2024, the global aluminium industry witnessed significant developments across production, sustainability, and market dynamics. Aluminium producers continued to push for greener technologies, as the global primary aluminium producers are focusing on expanding their low-carbon aluminium...
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The world's alumina production in August 2024 maintained a robust monthly record, increasing slightly from 12.511 million tonnes in July. Thanks to the growing alumina output in Africa & Asia (ex-China), South America, and Europe (including Russia) that drove the world's production, offsetting a...
According to the Shanghai Metals Market (SMM) survey, as of September 24, 2024, the average alumina price has shown steady growth, indicating the growing demand for the raw materials. As of today, the alumina price has surged by RMB 13 per tonne to peg at RMB 4,039 per tonne. Region wise price rise...
The Jamaica-based bauxite mining and alumina-producing company Jamalco has successfully reopened its Rocky Point port following extensive repairs, resuming normal shipping operations. The port's conveyor system was damaged by storm conditions caused by Hurricane Beryl, which passed offshore on July...
According to the International Aluminium Institute (IAI), alumina production in the Americas totalled 1.179 million tonnes in July 2024, with 83.88 per cent contribution from South America and 16.12 per cent from North America. Unlike the primary aluminium sector, South America dominates the...
On Tuesday, September 17, Century Aluminum, a global primary aluminium producer with operations in the United States, announced the resumption of normal shipping operations of alumina at Jamalco’s Rocky Point port after the completion of the repair work of damages caused by devastative cyclone...
According to the Statistical Institute of Jamaica, the Caribbean Island nation's mineral export earnings surged by 27% during the first four months of the year, driven primarily by increased alumina exports. From January to April, the island's Mining and Quarrying sector earned US$206.5 million in...
Currently, if anything is grabbing the maximum attention in the upstream aluminium sector, it is the unprecedented price surge in China's alumina prices. Both domestic and imported prices have skyrocketed over the week, transforming the market dynamics and raising concerns among primary aluminium...
According to the Shanghai Metals Market, China’s domestic average alumina spot price has further increased for the fourth consecutive day towards the RMB 4,000 per tonne level. As of September 13, the price stands at RMB 3,968 per tonne, accumulating RMB 11 per tonne overnight and marking...
The Trafigura Group, a key player in the commodity market, asserts that the surge in alumina prices significantly reshapes the outlook for aluminium prices. The price of alumina—derived from mined bauxite and used in aluminium smelting—skyrocketed by 50 per cent in 2024, reaching its highest level...
After surpassing 7 million tonnes in July 2024, China's metallurgical-grade alumina production continued its upward trajectory in August, showing a month-on-month increase of 0.67 per cent, according to the Shanghai Metals Market. On a year-on-year basis, the output in August registered a hike of...
China is already home to more than 80 million tonnes of alumina capacity. So much so that the industry is struggling to source enough bauxite to satisfy demand. So, it's not particularly good timing for new alumina refining capacity to enter the market, but that's exactly what's happening. Markets...
In July 2024, alumina production in Africa & Asia (ex-China) recorded a month-on-month decline of 1.95 per cent, yet stood above 1.2 million tonnes, unlike in April and May when the region's alumina output was at 997,000 tonnes and 1.117 million tonnes, respectively. However, on an annual basis,...
According to the International Aluminium Institute (IAI), the world’s alumina production rose steadily in July 2024 on a month-on-month basis but reflected a fall annually. As per the data revealed by IAI, Oceania was a primary factor for the monthly growth or annual fall in July alumina production...
Rio Tinto Gove, Australia's leading alumina extraction facility, has significantly enhanced its process efficiency and safety protocols by adopting Rhosonics' Slurry Density Meter (SDM) technology. This cutting-edge solution replaces traditional radioactive density meters, offering a safer, more...
