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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According to the International Aluminium Institute, the world alumina production in November 2022 amounted to 11.585 million tonnes, bringing the total output in eleven months of the year to 127.607 million tonnes. The monthly production in November edged a decline of 3.13 per cent from 11.959...
According to the data revealed by the General Administration of Customs of China, it has been reported that 196,000 tonnes of alumina were imported into China in November 2022, representing an increase of 24.2 per cent over the previous year and a reduction of 21.8 per cent over the previous month....
China’s domestic metallurgical-grade alumina production in November 2022 (30 calendar days) was 6.29 million tonnes, down by 5.84 per cent month-on-month from 6.68 million tonnes but up by 3.11 per cent year-on-year from 6.1 million tonnes, found the Shanghai Metals Market data. Average daily...
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According to the International Aluminium Institute (IAI), alumina production in Africa & Asia (ex-China) was recorded at 1.181 million tonne during October 2022. That reflected a month-on-month increase of 6.01 per cent from 1.114 million tonnes, following a sequential plunge of 6.86 per cent from...
The world alumina production in October 2022 saw a month-on-month increase of 4 per cent to stand at 12.004 million tonnes, found the International Aluminium Institute (IAI). In September, the output was 11.540 million tonnes, down by 3.86 per cent from 12.003 million tonnes in August. That...
Australia could emerge as a leader in net-zero alumina refining worldwide if it obeys a plan developed by three major producers, Alcoa, Rio Tinto, and South 32. Together, the three organisations have developed a detailed road map that ensures net zero emissions by 2050. The report was published by...
In South America, alumina production during September 2022 stood at 981,000 tonnes, bringing the total output for the third quarter of the year to 2.951 million tonnes, found the International Aluminium Institute (IAI). The monthly production in September edged 15,000 tonnes or 1.51 per cent lower...
According to the Shanghai Metals Market, China produced 6.68 million tonnes of metallurgical-grade alumina in October 2022 (31 calendar days), with daily output of 215,400 tonnes. The monthly production stood 0.61 per cent down M-o-M but 10.3 per cent more over the year. At the end of October, the...
In Europe (incl.) Russia, alumina production for the third quarter of 2022 totalled 1.968 million tonnes, reflecting a decrease of 6.2 per cent sequentially from 2.098 million tonnes, found the International Aluminium Institute (IAI). The quarter-on-quarter decline in Europe’s alumina output...
In September 2022, alumina production in Africa & Asia (ex-China) stood at 1.121 million tonnes, registering a downfall of 6.27 per cent month-on-month but an increase of 1.91 per cent year-on-year, found the International Aluminium Institute data. In August 2022, Africa & Asia’s (ex-China) alumina...
MYTILINEOS S.A., a Greece-based industrial conglomerate, has bagged the ASI Chain of Custody (CoC) Standard V1 (2017) Certification for its corporate headquarters and upstream activities, including bauxite mining, alumina refining, and aluminium smelting and casting. The news came after the...
In the third quarter of 2022 ended September 30, world alumina production edged an increase of 1.22 per cent Q-o-Q to stand at 35.677 million tonnes, found the International Aluminium Institute. In the second quarter, the output was at 35.246 million tonnes, reflecting a rise of 6.18 per cent from...
In the current fiscal year, the Jamaican Government estimates the value of mining and processing earnings from bauxite and alumina to be $507 million (JMD$77 billion), seven per cent more than the fiscal year 2020-2021. Jamalco is expected to reopen its operations in August 2022. The US and...
The Pittsburgh-based industrial production and the world's eighth-largest aluminium producer, Alcoa, is lowering its outlook for alumina and bauxite shipments on the ground of demand contracts and reducing output. According to the Q3 earning report, the company anticipates alumina shipments to...
As the global economy is driving through a challenging situation, the aluminium sector witnessed’s price drop amidst the alleged dumping of Russian aluminium, weakening the demand for metal and propelling the cost of production. Aluminium stocks in London Metals Exchange (LME) warehouses surged...
According to the data published by a significant Iranian state-owned company active in the mining sector, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) that the nation's alumina production has leapt by two per cent in the H1 of the current Iranian calendar...
In August 2022, alumina production in South America stood at 996,000 tonnes, reflecting an increase of 22,000 tonnes or 2.21 per cent month-on-month. In July, the output totalled 974,000 tonnes, a surge of 73,000 tonnes or 8.10 per cent from 901,000 tonnes in June. That brought the three-month...
Russia is reportedly mulling building an alumina refinery to reduce its dependence on imports from China. As per a document seen by Reuters, China’s alumina exports to Russia have increased since the Russia-Ukraine conflict started. A draft of the plan for the development of Russia’s metal industry...
