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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In July 2023, the world alumina production saw a month-on-month rise of 4.32 per cent to reach 12.179 million tonnes, found the International Aluminium Institute (IAI). The growth occurred in July 2023 after a monthly fall in June by 1.96 per cent from 11.908 million tonnes to 11.675 million...
Alumina Limited, an Australian holding company, declared its 2023 first half results ended June 30, 2023, reporting a net loss (after tax) of US$43 million, compared to a net profit after tax of US$168 million during the corresponding period of the last year. Alumina Limited holds 40 per cent share...
Sumitomo Chemical has achieved remarkable achievement in pioneering production techniques for ultra-fine α-alumina, with mass production slated to begin in September this year at its Ehime Works. Through technical advancements in inorganic materials, the Company will build new markets in the ICT,...
According to data revealed by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), alumina powder production in Iran grew 2 per cent year-on-year during the first four months of the current Iranian calendar year (March 21 to July 22). Iran produced 82,548 tonnes...
During the first half of this year, Chinalco Guangxi crossed its output plan, with production levels of bauxite and alumina surpassing the original estimation by 4.12 per cent and 2.32 per cent, respectively. Additionally, the accumulated net operating cash flow exceeded the budget by RMB 200...
Dadco Alumina and Chemicals Limited, a leading supplier of high-quality alumina-based products and services in Europe, has received Performance Standard V2 (2017) Certification from the Aluminium Stewardship Initiative for producing smelter grade alumina and other alumina chemicals at Aluminium...
In Europe (incl. Russia), alumina output during the second quarter of 2023 was recorded at 1.59 million tonnes, with an accumulated daily production for three months at 52,400 tonnes, found the International Aluminium Institute data. These figures indicate a sequential rise of 1.53 per cent in...
According to SMM data, China's metallurgical-grade alumina output during July was 6.869 million tonnes, with a daily production average of 222,000 tonnes, a surge attributed to the phased release of newly added capacity and the conclusion of maintenance in several Guangxi region companies, leading...
According to the International Aluminium Institute, alumina production in Africa & Asia (ex-China) during the second quarter of 2023 totalled 3.358 million tonnes, registering an increase of 4.38 per cent from 3.217 million tonnes a quarter ago. But on a year-on-year basis, the output in Q2 2023...
Rio Tinto announced its operational and financial results for the first half of 2023 ended June 30, revealing the bauxite and alumina production standing at 25.6 million tonnes and 3.7 million tonnes, respectively. On a year-on-year basis, Rio’s bauxite output edged an 8 per cent downfall as Weipa...
The world alumina production in June 2023 stood at 11.310 million tonnes, bringing the Q2 output to 34.613 million tonnes. Compared to 33.372 million tonnes in Q1 and 35.556 million tonnes in Q2 2022, the world alumina production in Q2 2023 edged a quarterly increase of 3.72 per cent and an annual...
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Headquartered in Henan, China, the Henan Xinhongji Refractory Material has been successfully enlisted by AL CircleBiz, the world's first B2B market for the global aluminium sector. AL CircleBiz is the world's first global marketplace, bringing millions of buyers and sellers along the aluminium...
On July 20, 2023, analysts and traders said that Chinese alumina prices escalated to their highest on constraint provision in more than a month amid augmented demand from aluminium smelters in the southwestern Yunnan province. On July 20, the Shanghai Futures Exchange witnessed a remarkable surge...
Alumina is essential for the production of primary aluminium. It is obtained from bauxite ore through the Bayer process and serves as the primary feedstock in the Hall-Héroult process , which extracts the non-ferrous metal, aluminium from its powder form. Alumina production is energy-intensive but...
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According to the International Aluminium Institute data, alumina production in Africa & Asia (ex-China) during May 2023 amounted to 1.167 million tonnes, reflecting a month-on-month hike of 8.05 per cent from 1.080 million tonnes. The growth continued after an increase of 1.41 per cent in April...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in June 2023 (30 calendar days) totalled 6.46 million tonnes, down by 1.22 per cent from 6.54 million tonnes in May (31 calendar days). The daily average production in the said month was recorded at...
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) improved during May 2023 for an alternate month, reaching 560,000 tonnes. Compared to a month ago, the output in May grew by 55,000 tonnes or 10.89 per cent from 505,000 tonnes, following a sequential...
World alumina production in May 2023 recorded a monthly recovery of 4.32 per cent to reach 11.918 million tonnes, found the International Aluminium Institute survey. In April, the output was down by 1.69 per cent M-o-M to 11.425 million tonnes, following a sequential rise of 0.83 per cent in March...
