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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On Wednesday, April 19, Rio Tinto, a leading Anglo-Australian mining group, announced its operational results for the first quarter of 2023, revealing an 11 per cent year-on-year decline and 8 per cent month-on-month drop in bauxite output to 12.1 million tonnes. The downfall took place due to the...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said,...
According to the Shanghai Metals Market, China's production of metallurgical-grade alumina in March 2023 (31 calendar days) increased by 8.5 per cent month-on-month to total 6.64 million tonnes. In February (28 calendar days), the output stood at 6.12 million tonnes versus 6.37 million tonnes in...
In South America, alumina production during February 2023 stood at 936,000 tonnes, reflecting a downfall of 9.39 per cent or 97,000 tonnes month-on-month, found the International Aluminium Institute. In January, the output was 1.033 million tonnes, slightly down by 0.86 per cent from 1.042 million...
On April 4, 2023, Alcoa announced expanding the Company’s low-carbon alumina brand EcoSource™ to include specific grades of non-metallurgical alumina now. EcoSource is the world's first and only low-carbon alumina brand, first launched in 2020 for smelter-grade applications (SGA). It is now...
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Alumina production in Europe (inc. Russia) continued to fall during February 2023, marking the seventh consecutive month of decline. According to the International Aluminium Institute, Europe’s (inc. Russia) alumina output in the stated month stood at 492,000 tonnes, reflecting a month-on-month...
The Chinese alumina production capacity was approximately 76.6 million tonnes as of November 2022. AlCircle’s latest report ‘Global Aluminium Industry Outlook 2023’ states that the nation's alumina refineries used about 79 per cent of their capacity in November 2022 compared to 81 per cent in...
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Alumina production in Africa & Asia (ex-China) in the first two months of 2023 amounted to 2.159 million tonnes, reflecting a year-on-year drop of 2.92 per cent from 2.224 million tonnes, found the International Aluminium Institute (IAI). In February 2023, Africa & Asia’s (ex-China) alumina output...
According to the International Aluminium Institute survey, the world alumina production recorded 10.232 million tonnes in February 2023, reflecting a decrease of 10.40 per cent month-on-month and representing the second month of downfall this year. In January 2023, the alumina output was 11.420...
Alumina supply from China, the Middle East and Brazil witnessed growth in 2022. China ranked as the largest alumina producer, while Australia was the world's second-largest alumina producer in 2022. The commissioning of new capacities in China and the supply from Brazil remained key sector drivers....
According to the data released by the Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO), Iran's alumina powder output during the first eleven months of the current Iranian calendar (March 21, 2022-February 19, 2023) totalled 206,887 tonnes. That reflected a 2 per...
On Friday, March 17, Rusal announced a higher aluminium production in 2022, mitigating several challenges like Australia’s alumina export ban to Russia, suspension of alumina production at the Mykolaiv refinery, and inflated production cost due to energy and raw materials price hike. Rusal’s...
In January 2023, alumina production in South America stood at 1.029 million tonnes, reflecting a month-on-month decline of 1.25 per cent from 1.042 million tonnes, found the International Aluminium Institute survey. However, on a year-on-year calculation, the output recorded an increase of 3.42 per...
In February 2023 (28 calendar days), China’s metallurgical-grade alumina production decreased by 3.9 per cent month-on-month to stand at 6.12 million tonnes versus 6.37 million tonnes in January (31 calendar days), found the Shanghai Metals Market data. But the daily output increased by 14,000...
Vedanta Limited, Lanjigarh, announced last month that its in-house laboratory received an official certification, the first in India, for its ability to test calcined alumina on all relevant physical and chemical parameters such as Bulk Density, BET Surface Area, Iron, Silicon, and Sodium. That...
Alumina production in Europe (incl. Russia) stood at 517,000 tonnes during January 2023, which was down by 6.17 per cent or 34,000 tonnes from 551,000 tonnes in December 2022, found the International Aluminium Institute. On a year-on-year calculation, the output recorded a plunge of 41.58 per cent...
Hindalco’s Belagavi Works plant in India has been enrolled under the Aluminium Stewardship Initiative (ASI) and given the ASI Performance Standard V2 (2017) Certification. The first alumina refinery in India, Belagavi Works specialises in making calcined alumina, special calcined alumina, alumina...
Emirates Global Aluminium (EGA) has published its financial and operational results for 2022, reporting a record revenue of AED 34.6 billion ($9.4 billion), up by 36 per cent from AED 25.5 billion ($6.9 billion) in 2021. Net profit also grew significantly to stand the highest ever at AED 7.4...
