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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Alumina production in Europe, including Russia, recorded a slight rise of 2,000 tonnes to reach 551,000 tonnes during August 2023, found the International Aluminium Institute. According to IAI data, the output moved up for the second month in a row, following an increase of 24,000 tonnes or 4.57...
Advanced Energy Minerals (AEM) is expanding its plant in Cap-Chat, Quebec, to make it larger. They're doing this to make more high-purity alumina. On 12 October 2023, the company's leaders and workers started the project with a special event. Local government officials, like Mayor Marcel Soucy and...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in September 2023 (30 days) recorded a decline of 4.06 per cent month-on-month to 6.732 million tonnes. Daily output also registered a fall from the previous month to stand at 224,400 tonnes, unlike the...
Residents in Goose Creek have been troubled by a white powder, alumina dust, in the air, which has covered their belongings and posed breathing difficulties. Health and environmental experts recently addressed the concerns and outlined a plan to resolve the issue in a meeting with Goose Creek...
Headquartered in China, the State Power Investment Corp Ltd (SPIC) had signed a strategic cooperation agreement with Henan Shenhuo Group on September 28. The alliance was signed under the presence of Feng Jianqing, Party secretary and chairman of the State Power Investment Aluminium Power Company,...
Alumina production in Iran recorded a 1 per cent rise during the first five months of the Iranian calendar year (March 21-August 22). According to the Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, Iran produced 99,473 tonnes of alumina during the said period compared...
RHI Magnesita has announced the acquisition of the Preiss-Daimler Group's refractory businesses in Germany, the Czech Republic, and Slovenia for roughly €45 million in cash. The acquisition would strengthen RHI Magnesita's capabilities in alumina-based refractories and its footprint in process...
According to a recent report, Vietnam Industry – Coal and Mineral Industries Group, popularly known as Vinacomin, has decided to invest in setting up new alumina refineries and aluminium smelters, along with expanding the capacity of its existing Nhân Cơ Alumina Plant in Đắk Nông. Vinacomin is...
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Alumina production in Africa & Asia (ex-China) during August 2023 amounted to 1.172 million tonnes, registering a downfall of 1.01 per cent month-on-month from 1.184 million tonnes, found the International Aluminium Institute survey. However, Africa & Asia’s (ex-China) alumina output in July edged...
On September 25, the China Nonferrous Metals Industry Association (CMRA) inked a memorandum of understanding (MoU) with the Russian Aluminium Association in Beijing, as was circulated by the board in a statement. The vice party secretary of the CMRA, Fan Shunke, asserted that this partnership was...
World alumina production in August 2023 officially stood at 12.229 million tonnes, reflecting a month-on-month rise for the second month in a row. According to the International Aluminium Institute survey, the output grew by 0.53 per cent in August compared to 12.164 million tonnes in the previous...
After enduring 10 months of stringent cost-cutting measures, the recent announcement of NICHE Fused Alumina's new restructuring plan has pushed the workers to the brink. Following a relentless 6-day strike, they have temporarily suspended their movement, pending a pivotal consultation with the...
Russia's recent increase in alumina imports from India has caught the attention of the global aluminium industry. This strategic move serves multiple purposes, including diversifying its supply sources, reducing dependence on China, and lowering production costs. As per the Indian Commerce...
The combined effects of alumina and self-supplied electricity prices caused an uptick in the cost of electrolytic aluminium in August. The Mysteel aluminium research team extensively analysed electrolytic aluminium enterprises in China. In August 2023, the weighted average full cost of the Chinese...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in August 2023 stood at 7.017 million tonnes, reflecting a month-on-month increase of 2.15 per cent from 6.869 million tonnes . Daily output also grew by 2 per cent to 226,400 tonnes, driven by new and...
According to data released on September 8, 2023, by the Australian Bureau of Statistics (ABS), business turnover in July witnessed declines in seven of the 13 selected industries. The Australian Bureau of Statistics (ABS) is the independent statutory agency of the Australian Government, responsible...
In Europe (incl. Russia), alumina production during July 2023 stood at 549,000 tonnes, reflecting a month-on-month hike of 24,000 tonnes or 4.57 per cent, found the International Aluminium Institute (IAI). In June 2023, the output stood at 525,000 tonnes, which was, however, down by 35,000 tonnes...
Technip Energies, a renowned French engineering and technology firm, has successfully obtained a front-end engineering design contract to construct an alumina refinery in Guinea, West Africa. The nation is one of the leading producers of bauxite in the world. However, in this case, the contract was...
