Impact Minerals plans staged 4,000-tpa HPA production in US
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
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...
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Hindalco’s Utkal Alumina refinery produces 441,000 tonnes of alumina in Q4FY20; Aluminium Business (including Utkal Alumina) EBITDA up 3%
Hindalco reported consolidated Q4 and FY20 results. The company's Utkal Alumina refinery recorded its highest-ever quarterly production of 441,000 tonnes in Q4FY20. Capacity expansion of Utkal of 500, 000 is on track and is expected to be commissioned in Q4FY21. Hindalco also announced its Muri...
COVID-19 Operational Update: Hydro’s bauxite production during April-May records a sweeping rise of 94%
Hydro has revealed a volumetric update for its business areas for April and May, ahead of the complete second-quarter financial results. The company shows it manufactured 1,760 tonnes of bauxite during April-May compared to 910 tonnes during the corresponding period last year. This means Hydro’s...
Guinea Alumina Corporation provides economic support to local communities during COVID-19
Guinea Alumina Corporation, a wholly owned subsidiary of Emirates Global Aluminium (EGA), provides humanitarian and economic support to local communities in Guinea in their fight against COVID-19, Emirates Global Aluminium said in its press release. The company provides medical equipment to the...
Vedanta cuts aluminium production cost by 20% in Q4 FY20
Even amidst the sluggish aluminium demand and low prices caused by the COVID-19 pandemic, Vedanta Limited has been able to trim its aluminium Cost of Production (CoP) in the fourth quarter of FY20 by 20 per cent year-on-year to $1451 per tonne, according to a recent report. In the full financial...
China’s alumina production grows 3.19% in May, daily output remains flat
China’s alumina production in May stood at 5.83 million tonnes, including 5.58 million tonnes of metallurgical-grade alumina, found Shanghai Metals Market. This was up by 3.19 per cent from 5.65 million tonnes in April, which included 5.4 million tonnes of metallurgical-grade alumina. China’s daily...
COVID 19 impact: Vedanta’s Q4 FY2020 revenue drops 8% QoQ on lower volume at Aluminium business
Vedanta Limited announced its audited consolidated results for the fourth quarter (Q4) and full year ended 31 March 2020 (FY2020). Revenue stood at ₹ 19,513 crore in FY2020, lower by 8% sequentially. This was due to lower commodity prices further impacted by COVID-19, lower volume at Aluminium...
Fight against “COVID-19”: Vedanta Lanjigarh shields employees with strong precautionary measures
Vedanta’s Alumina Refinery at Lanjigarh has boosted its precautionary measures against COVID-19 as per the guidelines of the Government and the health authorities. The plant continues to operate, securing fidelity to strict COVID-19 guidelines issued by the central and state authorities. After the...
Chinese aluminium industry’s prosperity index plunged to the lowest in April 2020
Chinese aluminium industry’s prosperity index declined to the lowest in April 2020 since the first report launched in November 2015, according to the latest report released by China Nonferrous Metals Industry Association. Decreasing by 1.2 points, the prosperity index of China’s aluminium industry...
Chalco’s executive demands bauxite-rich Shanxi to become major aluminium production hub
An executive from a closed smelting unit of state-run Aluminum Corporation of China Limited, popularly known as Chalco, has demanded bauxite-rich Shanxi to become a major aluminium production hub. China is by far the world’s biggest producer and consumer of bauxite, the main ore source of...
COVID-19 Aid: Vedanta’s Lanjigarh refinery helps farmers with good quality seeds for cultivation
According to a recent report, Vedanta’s Lanjigarh alumina refinery has further lent a helping hand in a bid to mitigate the effects of COVID-19. This time, the refinery has provided seeds to the needy peasants in the area to help them develop a vegetable cultivation plan, said a company official....
China’s alumina production in April comes in at 5.65 million tonnes; Aluminium output grows to 2.96 million tonnes
According to the data from Shanghai Metals Market, China in April 2020 produced 5.65 million tonnes of alumina, including 5.4 million tonnes of metallurgical-grade alumina. The daily output came in at 179,800 tonnes, up 2.62 per cent month-on-the month but down 7.07 per cent over the year. In the...
Mexico’s Alumina import remains "even" during 2017-19: Projected 9.69% growth in 2020
A lack of domestic bauxite mines means Mexico can't make enough aluminium domestically to meet demand. Aluminium is the world’s second-most-used industrial metal, second only to steel. Mexico’s long-running mining tradition dates back to colonial times, and despite the historically large (and...
Rusal’s Mykolaiv alumina refinery settles dispute with Ukrainian customs over bauxite supplies
Rusal’s Mykolaiv alumina refinery in Ukraine said on Tuesday, May 5, that it could settle the dispute with Ukrainian customs service regarding access to bauxite supplies and avoided temporary suspension of production . The refinery, located near Ukraine’s Black Sea coastline, primarily relies on...
China’s alumina imports record a steep rise of 1147.1% in March 2020; Exports climb 88.18%
China, in March 2020, imported 338,600 tonnes of alumina, which was 1147.10 per cent higher than the imports in the same period last year, according to China customs data. Australia was the leading supplier in the said month, accounting for 159,770 tonnes of the total alumina imports by China. In...
Rusal’s alumina refinery in Ukraine to temporarily stop production on bauxite supply disruption
Rusal’s alumina refinery in Ukraine’s Mykolaiv announced on Wednesday, April 28, that it might have to temporarily stop production as Ukrainian customs authorities blocked access to bauxite supplies. The refinery, located near Ukraine’s Black Sea coastline, primarily relies on overseas bauxite and...
COVID-19 effect: Chalco reports 9.5% YoY drop in aluminium sales
Aluminium Corp of China Ltd, known as Chalco, reported aluminium sales of 860,000 tonnes in the first quarter of 2020. That was down 9.5% from 950,000 tonnes a year earlier on lower demand due to coronavirus outbreak, according to a datasheet for analysts reviewed by Reuters. The output of...
Rusal’s bauxite production down by 11.2% in Q1 2020; Alumina output drops by 1.8%
Rusal has launched the first-quarter production results of 2020, wherein it posted that its bauxite output decreased by 11.2 per cent from the previous quarter to stand at 3.58 million tonnes, attributing to to the suspension of operations of business in Guyana, as announced at the beginning of...
South32 achieves record production at Brazil Alumina; Worsley Alumina output up 3% in 9M YTD20
Mining company South32 reported alumina production of 3.911 million tonnes in the nine months ended March 2020, compared to 3.743 million tonnes in the nine months ended March 2019. That was down 4 per cent year-on-year. In Q3 FY20, alumina production stood at 1.276 million tonnes, down 4 per cent...
