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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The Finnish industrial machinery company focusing on providing technology and services for mining, Metso Outotec and the national science agency of Australia, CSIRO, have joined hands to sign a treaty delivering SwirlFlow agitation technology for the bauxite and alumina sector beyond the Chinese...
China’s alumina output in April 2022 (30 calendar days) settled at 6.397 million tonnes, including 6.201 million tonnes of metallurgical-grade alumina, says SMM data. Metallurgical-grade alumina output averaged 206,000 tonnes per day, down 2.2 per cent M-o-M but up by 5.05 per cent Y-o-Y. In April,...
In March 2022, alumina production in Europe (incl. Russia) stood at 769,000 tonnes, reflecting a month-on-month decline of 7,000 tonnes or 0.90 per cent from 776,000 tonnes. Monthly downfall in March continued as alumina output in February also stood down M-o-M by 12.32 per cent from 885,000...
JISCO Alpart, specialised in the refining of bauxite ore into alumina, is eyeing to mine more ore to feed its refinery, which is expanding at a cost of US$1.1 billion. As per the report, the bauxite-alumina producer will dig through 700 acres of land known as the ‘Outer Valley,’ requiring the...
In March 2022, alumina production in Africa & Asia (ex-China) was 1.088 million, up by 1.21 per cent month-on-month from 1.075 million tonnes, found the International Aluminium Institute. However, the output in February was down from its previous month by 6.44 per cent from 1.149 million tonnes. In...
The global alumina industry had witnessed limited but significant number of events. To begin with, Alpha HPA (A4N), based in New South Wales, Australia, has been awarded a $15.5 million grant from the Commonwealth Department of Industry, Science, Energy and Resources. Rio Tinto Plc has agreed to...
According to the Indian Industrial Value Chain Council (IIVCC), the group representing the organizations involved in the industrial production and consumption supply chain activities across India stated that the state-owned integrated aluminium company Nalco, whose surfeit quantity of alumina...
On 26 th April 2022, the Indian multinational conglomerate company, headquartered in Mumbai, Reliance Industries (RIL) and the Abu Dhabi Chemicals Derivatives Company RSC (TA’ZIZ) signed a shareholding agreement for a chemical project in Ruwais, Abu Dhabi. However, this development delivers high...
According to the latest data revealed by the International Aluminium Institute, the world alumina production amounted to 10.863 million tonnes in March 2022 (including metallurgical and chemical), an increase of 7.38 per cent month-on-month from 10.116 million tonnes. That brought the total global...
ICSOBA, the International Committee for Study of Bauxite, Alumina & Aluminium, has announced the 40th International Conference and Exhibition ICSOBA 2022. The five-day event, scheduled from 10th to 14th of October will take place in Athens, Greece, in association with Mytilineos as the host...
The after effects of Russia-Ukraine crisis can still be felt in the global alumina industry. To begin with, as per customs figures released on Wednesday, April 20, China's alumina export to Russia had increased by more than 90 times in March compared to the same month a year ago, as Western-led...
Alumina Limited which owns a 40% non-operating stake in Alcoa World Alumina Chemicals’, is aiming higher at this moment with the increasing demand for alumina and the rising aluminium prices despite the supply disruption. Russian metal industry giant, Rusal is being trampled under the European...
Rio Tinto, an Anglo-Australian multinational mining group, has published its quarterly production report for the first quarter of CY2022, whereby it has announced a 4 per cent Q-o-Q increase in bauxite output to 13.625 million tonnes. But on a year-on-year basis, it registered no change. Bauxite...
On Tuesday the Supreme Court session commenced on a very serious allegation put down by Vedanta Ltd on National Aluminium Company Ltd (NALCO) the former pressing charges for non-compliance of the order dated January 14, 2020, due to which a three-judge bench allowed the plaintiff to bid for NALCO’s...
Bauxite Residue Management Best Practice, previously published in 2015, in its latest script released by the International Aluminium Institute, has specified updated guidelines for the sustainable transformation of bauxite residue. This document illustrates the lifecycle of bauxite residue or red...
In March 2022 (31 calendar days), China produced 6.548 million tonnes of alumina, including 6.342 million tonnes of metallurgical-grade alumina. That was a hike of 15.94 per cent from 5.47 million tonnes of metallurgical-grade alumina output in February. China’s daily average output of...
Following the military coup in the West African nation, Guinea, which is now ruled by the interim government and recognized as the world’s highest exporter of bauxite, has demanded from international mining organizations for submission of plans for bauxite production to generate alumina within the...
The shares of Gujrat Alkalies and Chemicals (GACL) witnessed a steep rise of INR 959, counting a surge of 7% at the Bombay Stock Exchange (BSE) on 2 nd April 2022 intra-day trade. Following the company announced their restricted outset of caustic evaporation unit (CEU) in collaboration with...
