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 2022 (31 calendar days), China produced 6.94 million tonnes of metallurgical-grade alumina, which increased by 2.97 per cent month-on-month and 14.11 per cent over a year. But the daily average output in the same month stood slightly down by 0.36 per cent or 800 tonnes from 224,700 tonnes...
According to the Indian Aluminium Institute data, alumina production in South America shrank by 5.95 per cent or 57,000 tonnes month-on-month to 901,000 tonnes in June 2022. But in May, the monthly output edged 3.03 per cent higher M-o-M from 929,000 tonnes. On a year-on-year calculation, South...
Alumina production in Europe (incl. Russia) during the second quarter of 2022 amounted to 2.098 million tonnes (incl. metallurgical-grade), reflecting a downfall of 13.66 per cent quarter-on-quarter from 2.430 million tonnes. On a year-on-year basis, the quarterly output decreased by 18.65 per cent...
In June 2022, alumina production in Africa & Asia (ex-China) stood at 1.141 million tonnes, bringing the total amount in the second quarter to 3.530 million tonnes, found the International Aluminium Institute. The output in Q2 recorded a quarter-on-quarter increase of 6.58 per cent from 3.312...
The world alumina production in the June quarter (Q2) of 2022 totalled 35.034 million tonnes, seeing an increase of 5.79 per cent from 33.118 million tonnes during 1Q2022, found the International Aluminium Institute. But on a year-on-year basis, the world alumina output in Q2 stood 1.17 per cent...
On Monday, July 25, South32 has reported strong operating results for FY2022 and the June quater, with Worsley Alumina operation, one of the world’s largest refineries, booking a record annual production. As per the report, Worsley has posted a 1 per cent growth in annual production to 3.99 million...
Alumina production in Europe (incl. Russia) stood at 722,000 tonnes during May 2022, which registered an increase of 39,000 tonnes or 5.71 per cent month-on-month, found the International Aluminium Institute. However, in April, alumina production in Europe plunged by 86,000 tonnes or 11.18 per cent...
June 2022 witnessed the commissioning of 8.45 million tonnes of new alumina capacities in China, including Jingxi Tiangui’s Phase II project with 850,000 tonnes of capacity, Bosai Wanzhou with 4.8 million tonnes, Hebei Wenfeng with 2.4 million tonnes, and Aokaida Chemial with 400,000 tonnes....
The electricity and natural gas price surge has led the sole Romanian alumina producer to temporarily suspend operations. According to a report on Thursday, June 30, Alum Tulcea, an alumina refinery controlled indirectly by Vimetco through the aluminium producer Alro Slatina will halt production...
Vedanta Limited’s Lanjigarh unit, India’s premier producer of metallurgical grade alumina, has received a prestigious recognition from the Kalinga Environment Excellence Award 2021 for being consistent to its commitment and contribution towards environmental sustainability. The award acknowledges...
In Africa & Asia (ex-China), alumina production during May 2022 extended growth by 2.63 per cent month-on-month to stand at 1.210 million tonnes, according to the International Aluminium Institute. In April 2022, alumina output in the region was 1.179 million tonnes after seeing a rise of 8.36 per...
According to the International Aluminium Institute (IAI), world alumina production in May 2022 recorded a month-on-month rise of 3.09 per cent to 11.728 million tonnes (including 10.983 million tonnes of metallurgical-grade alumina), following almost a restraint in the previous month. In April, the...
The newly improved Norton Gemini Grinding and combination/pipeline wheels from Saint-Gobain Abrasives feature a 15 per cent quicker cut-rate and also include a new premium alumina grain. In comparison to goods from earlier generations, advanced bond technology and wheel hardness are optimised for...
China’s Shanghai Metals Market disclosed the metallurgical-grade alumina output amounted to 6.955 million tonnes in May 2022 (31 days), flaunting M-o-M increase of 12.16 per cent from 6.201 million tonnes and Y-o-Y rise of 12 per cent from 6.210 million tonnes. The average daily output of...
As a result of increased capacity at the Utkal alumina refinery in India's eastern state of Odisha, Hindalco Industries has increased its alumina output by 20% for FY22. On 16th September 2021, Naveen Patnaik, the Chief Minister of Odisha virtually inaugurated Utkal Alumina refinery’s expansion of...
In Europe (incl. Russia), alumina production during April 2022 totalled 683,000 tonnes, a sharp decline of 86,000 tonnes or 11.18 per cent month-on-month, found the International Aluminium Institute. In March, alumina output in Europe was at 769,000 tonnes, also down over a month from 776,000...
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Alumina production in Africa & Asia (ex-China) stood at 1.179 million tonnes in April 2022, registering a continued increase of 8.36 per cent month-on-month, according to the International Aluminium Institute (IAI) data. In March, the output stood at 1.088 million tonnes, up by 1.21 per cent from...
World alumina production in April 2022 came in at 11.063 million tonnes, registering a downfall of 2.73 per cent from 11.373 million tonnes in March, found the International Aluminium Institute. However, the output in March registered a month-on-month hike of 12.43 per cent from 10.116 million...
