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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Indonesian Mining & Metal giant Antam declares record sales of Rp 32.72 Trillion in 2019, bauxite & alumina contribute positively
Antam, the Indonesian mining and metal giant, recorded positive operating, sales and financial performance in 2019. Audited sales were Rp 32.72 trillion, up 29.44% from the previous period of Rp 25.27 trillion. The sales were supported by the growth of production level and sales of main...
Eurasian Resources Group close down Kazakhstan bauxite production
Eurasian Resources Group (ERG), one of the leading producers of diversified natural resources, has declared on 14 th April’20, to shut down one of its bauxite mines for three months. The bauxite mine has been the supply feedstock to its alumina plant in Pavlodar, Kazakhstan. Eurasian Resources...
COVID19 Effect: Chalco may shut some aluminium production on further price fall
Aluminium Corporation of China Limited, popularly known as Chalco, may consider carrying out maintenance or even shut some aluminium production if prices fall below its cash costs, said a company executive on Friday, April 3. With the weak demand for aluminium in China and also across the globe due...
AUMUND all set to deliver conveyor technology to Mytilineos S.A.
Aumund Fördertechnik GmbH, the German-based producer of conveying technology will be delivering an arched plate conveyor to Mytilineos S.A. in Agios Nikolaos on the Gulf of Corinth (Greece). The location, at which the Mytilineos metallurgy and technology group operates a plant, produces aluminium...
Despite “Corona” crisis: NALCO sets record of all-time high production of Bauxite and Alumina
National Aluminium Company Limited (NALCO), on 01 st April’20, declared in a statement that it has recorded a three-sixty degree success in bauxite and alumina productions in the fiscal year 2019-20. The company has utilized its full capacity at Panchpatmali mines and achieved bauxite production of...
The “COVID-19” created economic fallout has led LALumina LLC in the US to call for shut down from May 24th
It has been a major development as the first biggest layoff warning call involving a production plant due to the COVID-19 epidemic. The management of the plant declared almost all of its 302 employees would be laid off. A letter to the employees dated 30 th March’20 has been delivered which stated...
ALRO’s aluminium production and sales trended down in 2019; Beginning of 2020 sees COVID-19 impact
ALRO Group, one of the largest vertically integrated aluminium producers in Europe, has announced its financial results of 2019, revealing a downfall in sales from RON 2.98 billion in 2018 to RON 2.78 billion in 2019, primarily as a result of unfavourable international and national market...
Chalco’s 2019 aluminium production stands lower by 9% while alumina output up by 2.1%
Chalco, China’s biggest state-run aluminium producer, produced 3.79 million tonnes of aluminium in 2019, down 9 per cent from the previous year, according to the company’s presentation to analysts reviewed by Reuters. With this production, Chalco just managed to retain its position as the world’s...
GEA wins the contract to deliver third evaporator line for Utkal Alumina in India
GEA has secured a follow-up contract from Utkal Alumina, a 100% subsidiary of Aditya Birla Group Company Hindalco to build a third line of multi-stage falling film evaporators. GEA, the world-renowned state-of-art evaporation technology provider has already supplied the first two evaporator lines...
EGA’s Al Taweelah Refinery records 1.1 million tonnes alumina output: Sheikh Hamdan at DH annual meeting
In the annual general meeting of DUBAL Holding LLC, on Wednesday, March 25, H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, praised the company’s good operational performance during 2019. He also mentioned Dubal’s 50 per cent subsidiary firm EGA and its...
COVID-19 outbreak affects China’s alumina exports during Jan-Feb: Down by 82.7% to 30,000 tonnes
The impact of the Coronavirus outbreak is seen in China’s alumina exports as well. During January-February this year, China could export as minimum as 30,000 tonnes of alumina in total, down 82.7 per cent from the same period last year, according to China Customs data. Along with the export amount,...
“Corona-virus”: UC Rusal’s Windalco Alumina in Jamaica declares safety measures
UC Rusal, the Global Aluminium Producer, has been operating Windalco Alumina in St Catherine has declared safety measures in relation to the spread of COVID-19. The company came out with clear communication that in order to ensure the health and safety of all employees effective 17 th March’20,...
Rusal’s 2019 revenue declines 5.5% despite the growth in production; Total assets up by 13%
In 2019, the entire aluminium value chain industry saw a challenging environment. The average aluminium price on the London Metal Exchange declined from US$ 2,110 per tonne in 2018 to US$ 1,792 per tonne. As a result, Rusal’s revenue for the year ended December 31 recorded a decrease of 5.5 per...
Vedanta’s Lanjigarh Alumina refinery expects upswing in production to 1.8 MT in 2019-20
On 12 th March’20, Vedanta Ltd made public that Lanjigarh Alumina refinery is expecting to upswing its production to 1.8 million tonnes in 2019-20. This is followed after significant development in operating efficiencies. The Lanjigarh refinery in Odisha stood with 1.5 million tonnes of production...
Outotec to deliver technology and services to NALCO for refinery expansion
According to a recent report, Outotec has bagged a contract to deliver technology and services to National Aluminium Company Limited (NALCO) for its alumina refinery expansion in Damanjodi, Odisha. The order is worth EUR 15 million and is booked in Outotec’s 2020 first quarter order intake. As per...
China’s daily alumina production dropped 0.52% M-o-M in February
China in February 2020 produced 5.4 million tonnes of alumina, of which metallurgical-grade materials accounted for 5.17 million tonnes, according to Shanghai Metals Market. Daily production of metallurgical-grade alumina averaged 178,000 tonnes, 8.19 per cent lesser than February 2019 and 0.52 per...
Higher sourcing of Bauxite from local benefits Vedanta to crop alumina cost by 8%
The higher procurement of locally supplied bauxite has succumbed Vedanta to crop the cost of making alumina at its Lanjigarh refinery by 8% Y-o-Y to $269 per tonne in Q3 of this fiscal year. The production capacity of alumina at the Lanjigarh plant has risen by 16% Y-o-Y to 476,000 tonnes. The...
Rusal’s shares sink, sends warning of Coronavirus
The Russian aluminium giant Rusal anticipates the coronavirus epidemic to negatively affect the aluminium market in China during the first half of 2020. On 28 th February’20 the company stated that its Hong Kong-listed shares down by11% to a 2-month low. Multiple countries from various continents...
