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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World alumina production in January 2023 totalled 11.647 million tonnes, with China accounting for more than 50 per cent, found the International Aluminium Insitute. The world’s biggest alumina and primary aluminium producer churned out 6.7 tonnes of aluminium ore in January, which majorly remained...
In Western Australia, Alcoa will reduce alumina production for two years before the state government permits them to expand bauxite mining at jarrah forests close to Perth's largest drinking water dam. Mike Ferraro, the CEO of Alumina Limited, said, "Once Alcoa could mine the Myara North area, the...
“IB2 Technology combines industrial innovation, resource recovery, OPEX savings, better quality alumina production and waste reduction, which makes it a green initiative”, Yves Occello, CEO, IB2 Technology. Yves has 45 years of experience in the bauxite and alumina industry occupying key positions...
Sergey Kidakov holds a degree in engineering specializing in railways and automobiles. Additionally, he has a higher education degree in Information Technology (IT) in communication and telecommunications. His experience includes supporting and developing IT startups, and he has been solving...
According to the International Aluminium Institute (IAI), alumina production in South America grew by 4.83 per cent month-on-month to stand at 1.042 million tonnes in December 2022. That brought South America’s total output in Q4 2022 to 3.05 million tonnes, up by 3.35 per cent Q-o-Q from 2.951...
In January 2023 (31 calendar days), China’s metallurgical-grade alumina production stood at 6.37 million tonnes, registering a drop of 0.93 per cent month-on-month from 6.43 million tonnes, found the Shanghai Metals Market data. On a year-on-year calculation, the output in January recorded an...
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) totalled 8.219 million tonnes during 2022, registering a downfall of 20.97 per cent year-on-year from 10.4 million tonnes. In the fourth quarter of 2022, Europe’s aluminium oxide output amounted to 1.722...
In a remark, the CEO and Managing Director at Alumina Ltd., Mike Ferraro, explained why the Australian Government should follow the footsteps of the US, which 12 months earlier included aluminium in the list cataloguing 50 critical metals of the nation. Mike believes Australia should act according...
In Africa & Asia (ex-China), alumina production during December 2022 stood at 1.129 million tonnes, bringing the total output in the fourth quarter to 3.349 million tonnes, found the International Aluminium Institute. The monthly production stood restrained M-o-M and 5 per cent lower Y-o-Y than...
A report has recently revealed that Iran produced 176,239 tonnes of alumina powder in the nine months of the Iranian calendar year (March 21-December 21, 2022). The report suggests a 1 per cent rise year-on-year from 175,284 tonnes. In the third quarter (September 21-December 21), Iran’s alumina...
Introduction Guinea, a small West African nation with around 14 million population is endowed with 40 billion tonnes of low silica-medium alumina metallurgical grade bauxite resources. Most of the deposits are located within 100 to 150 km of coastline and well-developed river ports. At present...
According to the International Aluminium Institute, world alumina production in 2022 totalled 139.02 million tonnes, reflecting a marginal growth of 0.31 per cent from 138.587 million tonnes last year. China, the world’s leading alumina producer, contributed the highest to 2022 output by producing...
According to an official, Iran has begun researching the possibility of producing 500,000 tonnes of alumina annually from low-grade bauxite with Chinese assistance. On January 23, 2023, Turaj Zar'e, the Managing Director of Iran Alumni Company (IAC), said, "The initial phase of studies was done...
According to the Shanghai Metals Market, China’s metallurgical-grade alumina output in December 2022 (31 calendar days) stood at 6.43 million tonnes, reflecting a month-on-month rise of 2.2 per cent from 6.29 million tonnes and a year-on-year increase of 1 per cent from 6.36 million tonnes. But...
The Indonesia-based company engaged in bauxite mining and alumina production, PT Cita Mineral Investindo Tbk (CITA), will be involved in two businesses in Bulungan, North Kalimantan, one of which manages an aluminium smelting facility and the other a power plant. However, PT Kalimantan Aluminium...
Alumina production in Europe (incl. Russia) amounted to 577,000 tonnes in November 2022, bringing the total output in eleven months of 2022 to 7.668 million tonnes, found the International Aluminium Institute. The production in November edged 2.86 per cent or 17,000 tonnes lower month-on-month than...
On Tuesday, January 3, Vedanta Limited announced its aluminium production recorded a drop of 2 per cent over a quarter to stand at 566,000 tonnes in the third quarter of the current financial year. In Q2 FY2023, Vedanta’s aluminium output was 584,000 tonnes, reflecting a 2 per cent rise...
Alumina production in Africa & Asia (ex-China) amounted to 1.129 million tonnes during November 2022, which recorded a month-on-month downfall of 4.40 per cent. In October 2022, Africa & Asia’s alumina output was 1.181 million tonnes, up by 6.01 per cent from 1.114 million tonnes a month ago. On a...
