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 latest data revealed by the Shanghai Metals Market, alumina production in China in November (30 days) 2021 stood at 6.24 million tonnes, of which metallurgical-grade alumina was 6.1 million tonnes. On a month-on-month calculation, the production of metallurgical-grade alumina stood...
According to the International Aluminium Institute, alumina production in Europe (including Russia) stood at 872,000 tonnes in October 2021. That was an increase of 34,000 tonnes or 4.06 per cent from 838,000 tonnes in September. However, the production in September had recorded a fall of 8.32 per...
Dr Nigel Clarke, Minister of Finance and the Public Service, indicated on Tuesday that Jamaicans may soon be able to invest in the bauxite mining/alumina business company, Jamalco, through an initial public offering (IPO). Dr Clarke informed the House of Representatives that the Government of...
In October 2021, alumina production in Africa & Asia (ex-China) stood at 1.09 million tonnes, reflecting a decrease of 1 per cent month-on-month, found the International Aluminium Institute (IAI). In September, alumina output in Africa & Asia (ex-China) was 1.100 million tonnes, down by 2.22 per...
According to the International Aluminium Institute, the world alumina production stood at 11.601 million tonnes in October 2021 (including both metallurgical and chemical), reflecting a month-on-month increase of 3.71 per cent month-on-month. In September, the output came in at 11.186 million...
The 7th and current President of Indonesia, Joko Widodo on 24 th November 2021 restated his plan to discontinue the exports of all commodity raw materials that will ban the exports of bauxite in 2022, copper in 2023, and tin in 2024. "We are now calculating the possibility to stop exporting raw...
According to the recent data shown by China Customs, the country exported 5,700 tonnes of alumina in October 2021. That brought China’s total alumina exports from January to October to 108,100 tonnes. In October 2021, China imported 219,400 tonnes of alumina, which reflected a year-on-year decrease...
Prime Minister Andrew Holness has reassigned the responsibility for Clarendon Alumina Production (CAP) to the Finance Ministry. Previously, the Transport Ministry was in charge of CAP. The alumina firm is currently embroiled in a huge dispute over a multi-million dollar contract with the...
Shanghai Metals Market data showed China’s alumina production in October 2021 came in at 6.29 million tonnes, including 6.05 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the output edged 1.45 per cent higher than 6.20 million tonnes, while on a year-on-year basis...
In September, producers had to pay extra money to bring their goods to market, as output prices for the Mining and Quarrying business and the Manufacturing industry both increased by 0.3 percent. The Statistical Institute of Jamaica's newest producer pricing index statistics indicated the rise in...
According to the International Aluminium Institute, alumina production in South America in September 2021 stood at 874,000 tonnes, reflecting a downfall of 6.72 per cent or 63,000 tonnes month-on-month. In August, alumina output in South America came in at 937,000 tonnes after being decreased by...
In September 2021, alumina production in Europe (including Russia) stood at 838,000 tonnes, reflecting a month-on-month decline of 8.32 per cent, found the International Aluminium Institute. In August 2021, the output came in at 914,000 tonnes, up by 2.12 per cent from 895,000 tonnes a month ago....
According to the International Aluminium Institute, world alumina production in September 2021 stood at 11.170 million tonnes (including both metallurgical and chemical), which was down by 4.33 per cent from 11.675 million tonnes in August. In July, the output was 11.669 million tonnes, meaning...
Rusal, the world’s largest aluminium producer outside China, has announced its operating results for the third quarter of 2021, ended September 30. The company revealed that its bauxite production dropped 1.1 per cent Q-o-Q from 3.836 million tonnes to 3.792 million tonnes in 3Q2021. In total nine...
Hydro has announced in its quarterly results today that it has already reached the 2021 improvement target of NOK 5.1 billion during the third quarter of 2021 (ended on September 30), driven by global demand recovery and fiscal stimulus. As per the result revealed by Hydro, the company has achieved...
On Friday, October 22, Aluminium Stewardship Initiative (ASI) made it public that MYTILINEOS has been successfully accredited against the ASI Performance Standard to carry out production, sourcing, stewardship of aluminium for their Bauxite mining activities at the Delphi Distomon site. The...
South32, a diversified mining and metal company, has kept its output estimate steady for the fiscal year 2022, based on the output in the first quarter. On Thursday, October 21, South32 informed that alumina output fell 10 percent Q-o-Q in the first quarter of FY2022 to 1.2 million tonnes, while...
Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings processing technologies. This marks a 25-year union between the...
