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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US alumina exports to Mexico, Canada saw a Q-o-Q fall of 18% and 21% in Q3 2019
According to the United States Geological Survey, the country in the third quarter of 2019 ending September 30 had exported 10,000 tonnes of alumina to Mexico, whereas in the second quarter had supplied 12,200 tonnes. The USGS data found that this downfall of about 18 per cent in Q3 was a continued...
Alumina spot price in China recorded growth of RMB49/t this week; A00 aluminium ingot price declined by RMB240/t
As the week comes to an end, let’s look back at the status of Chinese aluminium and input costs recorded throughout the week. The average alumina spot price during February 24-28 recorded interrupted growth of RMB 49 per tonne ranging between RMB 2,516 per tonne and RMB 2,565 per tonne, showed...
Rusal announces its Q4 and full-year results of 2019: Both bauxite and alumina production record growth
United Company Rusal has announced its fourth-quarter and full-year results of 2019 ending December 31, revealing that its bauxite production in the fourth quarter stood at 4.026 million tonnes, up 2 per cent from 3.948 million tonnes in the third quarter. In the full year, the company’s bauxite...
Coronavirus takes massive toll on China’s aluminium value-chain market: Source
Just when the demand for aluminium was rebounding and manufacturing revival was showing encouraging signs towards the end of 2019, the deadly Coronavirus made its appearance in China at the beginning of 2020 and took a toll on almost all parts of the world. The global aluminium market in 2019 was...
Alumina Ltd. of Australia publishes annual result for 2019: Net profit after tax recorded US$ 326.6 million
Alumina Ltd. Australia, the investor in bauxite mining and alumina refining through Alcoa World Alumina & Chemicals (AWAC), today made public a statutory net profit after tax of US$ 214.0 million for the full-year to 31 December 2019, whereas after excluding significant itineraries, the net profit...
SMM estimates alumina prices to continue growing in the near term
According to Shanghai Metals Market survey, alumina prices are likely to extend growth in the near term, as production cut in refineries is increasing, and so is the imbalance between demand and supply on the continued virus impact. The amount of capacity cut at Chinese alumina refineries due to...
Hindalco Industries’ consolidated PAT drops 24% YoY in Q3 FY20
Hindalco Industries Limited, a global leader in aluminium and copper, announced consolidated results for the third quarter ended 31 December 2019. The company’s consolidated revenue stood at INR29,197 crore compared to INR33,213 crore in the same quarter last year. Total EBITDA came in at INR3,676...
Spherical Alumina Production to get enhanced by AI-Based Image Analysis: Showa Denko develops system
Showa Denko (SDK), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries, has developed an artificial intelligence-based image analysis system for spherical alumina production in a combined effort with BLUE TAG. In...
Vedanta in Q3 FY20 recorded 14% growth in Profit after Taxes and 10% in EBITDA, driven by robust alumina production
Vedanta Limited, in its unaudited consolidated results for the third quarter of FY2019-20, ended on December 31, announced that it achieved year-on-year stronger financial performance despite market headwinds. The company's EBITDA rose 10 per cent over the year to INR 6,531 crore, and attributable...
Jamaica’s Bauxite mining is turning around: Approximately 20.82 million tonnes exported 2017-19
The island country Jamaica’s bauxite and alumina industry is retaking its place on the world stage and investors are showing a positive trend to explore Jamaica’s bauxite mines. Bauxite mining is considered as the star performer of Jamaica’s economy. The latest example of Jamaican mining is the...
Mines Environment & Mineral Conservation Week 2019-20: Utkal Alumina Celebrates at Baphlimali Bauxite Mines
The Doraguda based, in Rayagada district of Orissa, a fully owned company of Hindalco, the metals flagship company of Aditya Birla Group’s alumina refinery Utkal Alumina International (UAIL), having its mines at Baphlimali with reserves lasting for over 25 years and a captive co-generation power...
JNARDDC develops a low-cost process for the production of high-purity alumina
According to a recent report, Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur has invented a low-cost process of producing 3N purity alumina (99.9%) at lab scale. The focus is on preparing the alpha phase of 3N pure nano-alumina at lowermost possible temperature....
Rio Tinto’s alumina production up by 11% QoQ in Q4
Rio Tinto’s alumina production for the fourth quarter of 2019 was one per cent higher than the fourth quarter of 2018. On a quarter-on-quarter comparison, output registered an increase of 11 per cent to 2 million tonnes. “Our share of production from the Pacific refineries was 17% higher than the...
China’s alumina production in 2019 down by 2.47% YoY due to capacity cut and output suspension
According to Shanghai Metals Market survey, China in December 2019 produced 5.87 million tonnes of alumina, with metallurgical-grade materials accounting for 5.62 million tonnes. With this, the country’s total alumina production in 2019 came in at 70.42 million tonnes, down 2.47 per cent from the...
South32’s alumina production in Q2 FY20 rose 1%, while aluminium output remained flat
South32, on Thursday, January 15, announced a quarter-on-quarter rise of 1 per cent in its alumina production for the second quarter ended on December 31, 2019. From 1.30 million tonnes in the first quarter, the company’s alumina output rose to 1.32 million tonnes in the second quarter. But during...
The gradual rise of Indonesia’s Alumina export
Indonesia stands aligned with the top bauxite production nations and still, its alumina production and export have not been considered at a high level. But in recent years it has shown some gradual rise in alumina exports (2016-20). The Alumina export of Indonesia has shown a growth of 96.29% when...
Vedanta gains Supreme Court’s nod to bid for Nalco’s alumina tenders
The Odisha High court decision that allowed Vedanta to take part in the tenders for the sale of its surplus alumina was challenged by Nalco. During the time, the lower court had welcomed Vedanta’s argument that it was competent to take part in the tenders as it operated from an export-oriented...
Production gets resumed at Hindalco’s Muri Alumina plant in Jharkhand
Hindalco Industries Ltd. announced during a filing to the BSE on 23 rd December’19 that it has resumed production at Muri alumina plant in Jharkhand. "This is to inform you that Muri refinery in Jharkhand has re-started production of alumina. Operations of the alumina plant of the company situated...
