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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According to the latest data revealed by the Iranian Mines and Mining Distribution Development and Renovation Organization (IMIDRO), Iran’s aluminium ingot production during the first two months of FY2024-2025 (March 20-May 21) saw a slight drop of 0.44 per cent year-on-year. From 112,767 tonnes in...
During January-May 2024, China witnessed a positive trend of aluminium raw material and aluminium product imports, as demonstrated by the Shanghai Metals Market’s latest survey. Considering raw materials, China’s bauxite and alumina imports grew in May due to the growing demand for primary metal...
The Chinese domestic alumina market has consolidated recently at a high level. Prices remain up around RMB3800/tonne, almost RMB1000 above where they were just a few weeks ago. There's little chance of prices going down, as demand is still strong and supply lines are still struggling. Imported ore...
According to the Shanghai Metals Market survey in early June, the accumulated inventory of alumina at aluminium smelters across China stood at 2.8815 million tonnes. The number of days of in-plant alumina stocks at Chinese aluminium smelters in early June was 12.78 days, considering that the...
According to the International Aluminium Institute survey, Africa & Asia (ex-China), the world’s third-largest alumina-producing spot after China and Oceania, witnessed a sharp month-on-month fall of 19.25 per cent, standing below 1 million tonnes for the first time in the past three years. The...
According to the Shanghai Metals Market survey, China's metallurgical-grade alumina production in May 2024 (31 calendar days) recorded a monthly hike of 4.64 per cent, reaching 6.989 million tonnes versus 6.679 million tonnes. The daily average output stood at 233,000 tonnes per day, reflecting an...
The United States alumina imports in the first quarter of 2024 ended March 31, edged down 12.69 per cent annually and saw a more intense decline of 21.45 per cent on a quarter-on-quarter basis. The downfall in alumina imports indicates reduced demand for primary aluminium production in the United...
The International Aluminium Institute (IAI) reports that the world's alumina production in April 2024 experienced a significant decline, both on a monthly and yearly basis. This trend was primarily driven by reduced output in key regions such as China, Africa & Asia (ex-China), Europe (incl....
In the realm of industrial sustainability, few challenges loom as large as the management of bauxite residue, commonly known as red mud. It's an industrial waste generated during bauxite processing into alumina using the Bayer process, which has a complex composition that poses significant...
China’s domestic alumina spot price has been rallying uninterruptedly since April 22 due to increased demand but limited supply because of production cuts at some refineries, especially in Henan, for insufficient availability of bauxite. Over the past weekend, the ore price has gained RMB 2 per...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in April 2024 amounted to 6.679 million tonnes, reflecting a month-on-month decline of 1.52 per cent from 6.782 million tonnes but a year-on-year increase of 2.2 per cent. However, it is to be noted that...
Allup Silica has uncovered a potentially significant kaolin clay deposit following an exploration campaign targeting silica and rare earths at its Pink Bark project near Esperance in Western Australia. Preliminary analysis of the initial samples indicated aluminium oxide (alumina) content within...
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According to the International Aluminium Institute, alumina production in Africa & Asia (ex-China) amounted to 1.234 million tonnes during March 2024, up by 5.38 per cent from 1.171 million tonnes in February 2024. The output recovered in March after a fall in the previous month by 3.22 per cent...
OYAK has announced a strategic investment in China for its subsidiary, Almatis, a global leader in specialised alumina products and solutions. This investment aims to bolster Almatis' capabilities by increasing its calcined alumina production capacity from 50,000 to 100,000 tonnes. The expansion is...
The Aluminum Branch of the China Non-Ferrous Metals Industry Association convened a symposium on April 16. The conference was organised for key aluminium enterprises highlighting the operational aspects of the industry for 2023 and the first quarter of 2024. Focus of the conference Regarding...
According to China Customs data, the country’s alumina exports in March 2024 amounted to 144,100 tonnes, bringing the total exports in the first three months of the year to 421,600 tonnes. China’s alumina imports were 303,800 tonnes in March 2024, which reflected an increase of 3.97 per cent...
China Hongqiao Group Limited, one of the world's largest aluminium producers , released the audited consolidated annual results for the Company and its subsidiaries, covering the fiscal year ending December 31, 2023. According to Antaike's statistics, global primary aluminium output reached around...
In the first quarter of 2024, which concluded on March 31, global alumina production slowed down over a quarter, primarily attributed to a significant decline in China's alumina output. Even a month-on-month recovery in China's alumina production in March 2024 failed to mitigate the overall decline...
