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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On Wednesday, January 20, Alcoa Corporation, the world’s eighth-largest aluminium producer, reported the fourth quarter and full-year results of 2020 that reflect strong operational performance. In Q4 2020, the company produced 12.2 million dry metric tonnes of bauxite compared to 12 million dry...
Alumina powder production in Iran edged 1.8 per cent higher during the first nine months of the current Iranian calendar year (March 20-November 20, 2020), in comparison with the same period last year, found the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO)....
Noranda Alumina, a subsidiary of New Day Aluminum Holdings, has reported the strongest production figure in over three years for the last six months. Despite numerous challenges like the COVID-19 pandemic, depressed market conditions, and historically active hurricane season, the refinery...
According to the latest data shared by Shanghai Metals Market, China’s metallurgical-grade alumina production in the entire year of 2020 came in at 67.29 million tonnes, down by 2.02 per cent on a year-on-year basis. In December, alumina output, including 5.75 million tonnes of metallurgical-grade...
iB2, the innovative technology developer, for the production of Alumina from low-grade bauxite will soon initiate feasibility studies for the construction of an alumina plant in China's Shanxi province, with Anne Lauvergeon as Chairman of the board. Yves Occello, CEO of the French company, has two...
On Thursday, January 7, a commercial court in France gave a green signal to Guinean logistics specialist United Mining Supply (UMS) to take over Alteo, a global leader in specialty alumina. The former was the last remaining bidder to take charge of Alteo’s production site near the southern city of...
On 5 th January 2021, Emirates Global Aluminium announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity for the past three months. The milestone marks the completion of a world-class ramp-up of Al Taweelah...
On 4 th January 2021, the Union Minister of Petroleum and Natural Gas, Dharmendra Pradhan delivered a letter to Prahlad Joshi, Coal and Mines Minister proposing him to increase the production capacity of Nalco’s Aluminium smelter plant at Angul. Pradhan in his letter has urged Joshi to take...
According to the latest data released by the International Aluminium Institute for November 2020, alumina production in West Europe stood at 456,000 tonnes, representing a growth of 8,000 tonnes or 1.8 per cent month-on-month. In October also, alumina production in West Europe stood higher...
North America’s alumina production registered a dip of 5% year-on-year. The output in November 2020 came in at 227,000 tonnes, from 239,000 tonnes in November 2019. On a month-on-month comparison, the production dropped slightly by 0.44 per cent from October’s production of 228,000 tonnes. In the...
World alumina production in November 2020 stood at 11.385 million tonnes, representing a month-on-month downfall of 1.10 per cent, according to the data revealed by the International Aluminium Institute (IAI). In October, world alumina output was 11.511 million tonnes, up by 6.04 per cent from...
On 24 th December’20, Coal India Ltd., the Indian public sector coal mining and refining company and also the world’s largest coal-producing company’s board have delivered in-principle approval for venturing into the aluminium value chain, solar sectors and creation of special purpose vehicles...
Alumina market witnessed a controlled price trend in 2020 as there had been a fair balance between production and consumption of the ore, even amid the unprecedented COVID-19 pandemic. In the first few months of the year, the prices trended down significantly due to lower buying interests among...
Queensland Alumina Limited (QAL) has been fined $500,000 by Gladstone Magistrates Court for the chemical spill incident in September 2018, resulting in serious environmental harm and violating Environmental Authority (EA) rule. This is one of the largest environmental fines in Queensland charged...
On Friday, December 11, Rusal announced that five of its aluminium smelters achieved Aluminium Stewardship Initiative (ASI) Certification. Boguchansky aluminum smelter (BoAZ), Bratsk aluminum smelter (BrAZ), Krasnoyarsk aluminum smelter (KrAZ), KUBAL (Kubikenborg aluminum AB), and Sayanogorsk...
The Marseille commercial court was due on 8 th December’20 to examine the two takeover bids submitted for the speciality alumina unit at Gardanne in Southern France. But one of the two bidders withdrew. The inter-union hopes to reduce the social impact of the remaining offer carried by United...
As updated by Shanghai Metals Market, production of metallurgical-grade alumina in China stood at 61.54 million tonnes in the first eleven months of 2020. That was down 2.4% on a year-on-year basis. In November, alumina output, including 5.8 million tonnes of metallurgical-grade alumina, came in at...
Aluminium Bahrain (Alba) has inked a Memorandum of Understanding (MoU) with alumina producer Hangzhou Jinjiang Group Co. Ltd (HJJ) for securing Alba’s alumina requirements. Alba’s Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa commented: “This Memorandum of Understanding...
