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...
Grow with
AL Circle
Rusal, the world’s second-largest aluminium company by primary aluminium output, has announced its financial and operational results for the full year 2023 ended December 31. The company posted that its primary aluminium production totalled 3.848 million tonnes in 2023, representing a slight growth...
China's alumina market has struggled since it launched on the China Futures Exchange about a year ago. But it is now finding some momentum, and the funds have entered the game with some strength. This week, the market saw a significant boost as funds stepped in, pushing the price to around RMB...
Rio Tinto stands as a global leader in the aluminium industry, renowned for its commitment to innovation and sustainability. With a rich legacy spanning decades, Rio Tinto continues to spearhead transformative projects that redefine industry standards. In November 2023, Rio Tinto unveiled its...
On April 17, Alcoa Corporation announced its operational and financial results for the first quarter of 2024 ended March 31, whereby it noted the revenue of $2.6 billion, down by 3.7 per cent from $2.7 billion a year ago but remained at par to the previous quarter. From the alumina business,...
The Companhia Brasileira de Alumínio (CBA) begins the operation of a filtration system by the end of April, consisting of 3 filter presses, for drying waste from its alumina plant located in Alumínio (SP), which generates 1,500 t/day of waste. With this, the company will be able to completely do...
Tianshan Aluminium Group Co., Ltd., which produces and sells aluminium, aluminium products and materials, reported its 2023 annual report last week. The report revealed an operating income of RMB 28.975 billion, down 12.22 per cent year over year. The company’s net profit was RMB 2.205 billion...
According to data revealed by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminium ingot production grew by 2,834 tonnes, or 1 per cent, on an annual basis over the financial year ended March 19, 2024 (Iran’s calendar year 1402). As per the...
Aiming to achieve its global decarbonisation goals - a 10 per cent reduction in carbon emissions in all operations worldwide by 2025 and 25 per cent by 2030 - Hydro is investing R$1.6 billion in projects to decarbonise its operations of alumina production and bauxite extraction in the state of...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production amounted to 6.782 million tonnes in March 2024 (31 calendar days), reflecting a month-on-month increase of 8.3 per cent from 6.262 million tonnes and a year-on-year rise of 2.13 per cent from 6.64 million...
According to the International Aluminium Institute, alumina production in North and South America dropped considerably in February 2024. On a Month-on-Month scale, the alumina production in North America has dwindled by 15.5 per cent or 31,000 tonnes from 200,000 tonnes in January 2024 to 169,000...
China's alumina market is under pressure at the moment. Supply of bauxite from local mines remains difficult. The authorities are controlling the amount of explosives that can be used to unlock the ore. As well, some mines have not been successful in getting mining permits. Imported ore is also...
Vietnam's renowned miner Vinacomin has unveiled ambitious plans to significantly expand its alumina-aluminium production capacity. With an investment totalling a staggering 182 trillion dong ($7.3 billion), Vinacomin's endeavour highlights Vietnam's growing demand for this versatile metal, driven...
A significant groundbreaking ceremony marked the commencement of the annual production of 2 million tonnes of alumina and the establishment of the red mud transportation and storage facilities for the Guangxi Guangtou Beihai Green Ecological Aluminum Phase I Project. This project is of paramount...
On Thursday, April 4, India's diversified natural resources firm Vedanta Limited announced its Q4 FY2024 and full-year operational results, revealing both aluminium and alumina output volume. Aluminium production Vedanta said its aluminium production in Q4 FY2024, which ended March 31, stood at...
On Wednesday, April 3, Vedanta Aluminium reported that it commissioned an additional 1.5 million tonnes of annual alumina capacity at its Lanjigarh refinery in Odisha. Earlier, the refining capacity of the unit was 2 million tonnes per annum, and with the new capacity, it has increased to 3.5...
National Aluminium Company Ltd. (NALCO), the country’s leading manufacturer and exporter of alumina and aluminium, set new production and sales records for FY23-24. The company has achieved its: highest-ever cast metal production of 4,63,428 tonnes highest-ever bauxite excavation of 76,00,230...
_robust_daily_average_alumina_production_in_Feb’24_suggests_its_growth_trajectory_0_0.jpg)
According to the International Aluminium Institute survey, alumina production in Africa & Asia (ex-China) during February 2024 recorded a significant annual growth of 13.8 per cent but a month-on-month fall of 3.06 per cent. As per the data, Africa & Asia’s (ex-China) alumina production in February...
According to the International Aluminium Institute, world alumina production in February 2024 recorded a fall of 6.89 per cent month-on-month, primarily attributed to fewer calendar days. In this respect, it should be mentioned that the world alumina output started the year with a downtrend, with...
