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 third-quarter results of 2021 (ended on September 30) released by Rio Tinto, the company’s bauxite production stood at 13.967 million tonnes, up by 2 per cent quarter-on-quarter but down by 3 per cent on the year due to equipment reliability issues and overruns on planned shutdowns...
Alcoa and FYI Resources, the Australian listed resources company that aims at developing an innovative and vertically integrated high quality, high-purity alumina will commence the HPA trials at FYI’s pilot plant facility in Welshpool, Western Australia in October 2021. The trials are part of the...
According to the Shanghai Metals Market, China’s alumina production stood at 6.20 million tonnes in September 2021 (30 days), including 5.99 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the production was down by 2.97 per cent from 6.39 million tonnes. But on a...
According to Shanghai Metal Market (SMM), the open-pit bauxite mines in the Jinzhong area of Shanxi were closed due to heavy rains. For alumina plants which use domestic bauxite were less than ten days. Due to the heavy rain roads were blocked, as a result of which the transportation efficiency of...
Slovakia ranks as the fastest-growing developed economy in the world. The country has a mixed economic system in which there is a variety of private freedom, integrated with centralized economic planning and government regulation and it is a member of the European Union (EU). Slovalco is the only...
Vedanta Limited on Monday announced that the alumina production in Lanjigarh refinery increased by 11 percent to close at 511,000 tonnes in the second quarter of FY2022. "The Lanjigarh refinery produced 511,000 tonnes of alumina in Q2 FY22, 6 per cent higher as compared to Q1 FY22 and 11 per cent...
The Iranian Ministry of Industry, Mining and Trade revealed that nation’s alumina powder production has dropped down by 6% as compared to the five-month production in the last year. Iran has produced around 96, 400 tons of alumina powder during the first five months of the current Iranian calendar...
This week a lot had happened in the Alumina industry. On Monday, September 27, the average alumina spot price had increased by RMB 126 per tonne to settle at RMB 3,733 per tonne. For September 28, the average alumina spot price was recorded at RMB 3,744 and for September 29, the spot price stood at...
Mining Minister Robert Montage informed the House of Representatives that the August 22 fire breakout in the Jamalco alumina refinery has caused the company lose US$500,000 per day. This is based on the production cost of US$150 per tonnes of alumina at a production rate of 3,170 tonnes everyday....
According to the International Aluminium Institute, alumina production in Europe, including Russia, continued to grow for the second month in a row in August 2021. IAI data showed the output increased by 19,000 tonnes or 2.12 per cent in the said month to come in at 914,000 tonnes compared to...
According to the International Aluminium Institute (IAI) data, world alumina production continued to fall in August 2021 to stand at 11.565 million tonnes, including 10.845 million tonnes of metallurgical grade alumina. That was a decrease of 0.89 per cent compared to a drop of 0.66 per cent last...
The average alumina spot price in China has opened the week on Monday, September 27, soaring by RMB 126 per tonne to come in at RMB 3,733 per tonne, found the Shanghai Metals Market. The continued raw materials supply disruptions from Guinea as well as domestic alumina production cut as refineries...
The frontrunner in sustainable minerals processing technologies, end-to-end solutions and services globally, Metso Outotec introduced the Vertical Pressure Filter (VPF) to extract optimized solids from aluminate solutions. The VPF will also support removing suspended solids before alumina hydrate...
India’s multinational conglomerate and the premier infrastructure developer, Larsen & Toubro (L&T) announced that its metallurgical and material handling business has commissioned the 0.5 million tonnes per annum (MTPA) expansion project of Hindalco’s Utkal alumina refinery located at Kucheipadar...
Rescom’s has purchased a cape bauxite shipment from Guinea for Anrak Aluminium’s alumina refinery and is expected to reach India in October 2021, as reported by a higher official. Rescom Mineral Trading Fze, a mineral, mining, processing and trading company headquartered in Dubai, UAE and is a...
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina...
On 16th September 2021, the Chief Minister of Odisha Naveen Patnaik virtually inaugurated Utkal Alumina refinery’s expansion of production capacity from 1.5 MTPA to 2 MTPA at Doraguda, Kashipur in Rayagada district. Aditya Birla Group, the parent company of Utkal Alumina has injected around INR...
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries declared the joining of the world’s most sustainable high purity aluminium producer Alpha HPA Limited as a new member, diversifying the Council’s...
