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...
Grow with
AL Circle
In Europe (incl. Russia), alumina production during August 2022 stood at 660,000 tonnes, reflecting a downfall of 33,000 tonnes or 4.76 per cent month-on-month, found the International Aluminium Institute. In July’22, alumina output in Europe (incl. Russia) amounted to 693,000 tonnes, which...
In August 2022, world alumina production stood at 11.943 million tonnes, reflecting a dip of 1.12 per cent month-on-month, found the International Aluminium Institute. However, the output in July recorded a monthly rise of 2.70 per cent to come in at 12.078 million tonnes. On a year-on-year basis,...
China’s domestic metallurgical-grade alumina production in August 2022 (31 calendar days) edged 1.4 per cent lower month-on-month to total 6.844 million tonnes, found the Shanghai Metals Market. However, on a year-on-year calculation, the August output stood 11.16 per cent higher, with an average...
Alumina powder, also known as aluminium oxide, is a chemical compound mainly used to produce aluminium – one of the essential metals in advancing a low-carbon economy and throughout the global industry. In addition to being ideal for aluminium production, alumina also provides excellent hardness...
Jamalco experienced one of the worst disasters in its 63-year history on 22nd August 2021 and marked 22nd August 2022 as the first anniversary of the fire incident at its alumina refinery. Jamalco is a joint venture between General Alumina Jamaica Limited and Clarendon Alumina Production Limited...
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) stood at 693,000 tonnes in July 2022, which was unchanged from the previous month. However, the output in June saw a monthly downfall of 29,000 tonnes or 4.02 per cent from 722,000 tonnes. On a...
IMIDRO reported that its subsidiaries had produced 222,053 tonnes of primary aluminium in the current fiscal year's first four months (March 21-July 22) to register a 27% increase in production compared with the same phase of the previous fiscal year. The Iranian Mines & Mining Industries...
In South America, alumina production surged by 73,000 tonnes or 8.1 per cent month-on-month during July 2022 to stand at 974,000 tonnes, found the International Aluminium Institute. In June, the output was at 901,000 tonnes after being slipped by 57,000 tonnes or 5.95 per cent from 958,000 tonnes...
Aluminium Corporation of China Limited, popularly known as Chalco, has posted higher profit for the first half of 2022 ended June 30, underpinned by increased revenue from alumina and coal production and imported coking coal business. From RMB 3.09 billion or RMB 0.176 per share of Chalco’s profit...
Alumina production in Africa & Asia (ex-China) showcased a monthly increase of 5.26 per cent in July 2022, according to the International Aluminium Institute. From 1.141 million tonnes in June, the output grew to 1.201 million tonnes in July. However, the production in June saw a downfall of 5.7...
In July 2022, world alumina production totalled 12.152 million tonnes, registering a month-on-month rise of 3.56 per cent, found the International Aluminium Institute. The output in June stood at 11.734 million tonnes, down by 2.69 per cent from 12.058 million tonnes in May. On a year-on-year...
As Adani Group charts an entry into the alumina refining sector and existing players seek to expand capacity, the following auction for bauxite blocks in Odisha may see strong interest. Hemant Sharma, the Principal Secretary of the Odisha Industries Department, said three bauxite blocks had been...
Trimet France, a subsidiary of Germany-based Trimet Aluminium SE, has leased its older ship unloading device, replacing it with a high-tech Siwertell road-mobile unloader. This will enhance the company’s alumina unloading capacity along the regional ports, lessening the time each vessel spends in...
Domestic alumina production recovery in Jamaica is expected to counterpoise the slowdown in economic growth for the financial year 2022-23, caused by the country’s one of the main alumina refineries suspension. The Bank of Jamaica is projecting GDP growth of 2.5-4.5 per cent for the fiscal year...
Emirates Global Aluminium (EGA), the biggest premium aluminium producer in the world, has announced its best-ever half-year results, driven by strong operational performance across the value chain resulting in robust earnings. EGA has reported a net profit of AED 5.9 billion for H1 2022, which...
The Bank of Jamaica, the country's central bank located in Kingston, is projecting 2022/23 fiscal year growth to be between 2.5 per cent and 4.5 per cent. While speaking at BOJ's digital quarterly briefing, Richard Byles, the Governor, said," Growth is also expected to range between one and three...
GNAL, a joint venture company between Gujarat Alkalies and Chemicals Ltd (GACL) and National Aluminium Company Limited (NALCO), was formed to build an 800 TPD (tonnes per day) caustic soda facility at Dahej, Gujrat, along with a 130 MW captive power plant. It was announced that GNAL shipped 1,300...
On Friday, August 12, Rusal, the Russian aluminium giant announced its H1 2022 operational and fiscal results ended June 30, reporting a 1.2 per cent increase in primary aluminium output to 1.89 million tonnes versus 1.87 million tonnes during the same period last year. But the sales of primary...
