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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British lighting brand Tala designs alumina lighting range to cater to the rental market
Tala, a lighting brand from UK, has designed a "super simple" alumina lighting range considering the urban nomads in mind. The lights are designed to cater to the more transient rental market. Tala's latest collection is manufactured from alumina – a high-grade technical ceramic base made from...
South32 Q3 alumina production drops 13% QoQ, reduces FY19 production guidance
Mining company South32 reported total alumina production of 3.74 million tonnes in the nine months ended March 2019, compared to 3.77 million tonnes in the nine months ended March 2018. In Q3 FY19, alumina production stood at 1.2 million tonnes. This was down 13 per cent quarter-on-quarter....
Future of bauxite and alumina sector looks promising in Jamaica, says Phillip Paulwell
Jamaica's Member of Parliament Phillip Paulwell opines in the 2019/20 Sectoral Debate in the House of Representatives that the bauxite and alumina sector in Jamaica remains positive as the industry’s future looks promising based on the increasing demand worldwide. He also expressed satisfaction for...
Norsk Hydro’s shares up 5.5% in anticipation of full production resumption at Alunorte
Norwegian metals maker Norsk Hydro recorded a rise of its shares on Monday, April 15, after winning further support to resume full production at its Alunorte alumina refinery in Brazil. After operating at half capacity for over a year, the Alunorte refinery on April 12 saw a hope to resume full...
Rio Tinto’s Q1 2019 aluminium production remains flat YoY; alumina production up 1%
Rio Tinto’s aluminium production for the first quarter of 2019 came in at 796,000 tonnes. Production was in line with the first quarter of 2018. “Excluding production from the non-managed Becancour smelter, which continues to be impacted by a lock-out, production was one per cent higher, reflecting...
China’s daily average alumina output drops in March on tight bauxite supplies and higher costs
Shanghai Metals Market survey found a drop of 7,000 tonnes in China’s daily average output of alumina for the month of March. Thus, from 201,000 tonnes, China daily average alumina output in March came in at 194,000 tonnes. Tight bauxite supplies, high costs, maintenance, and equipment upgrading...
US import of alumina drops 38% QoQ in Q4 2018; total import for 2018 up 28% from 2017
As shown by the latest US Geological Survey latest release on Bauxite and Alumina in the Fourth Quarter 2018, imports of alumina by the U.S. in the fourth quarter of 2018 dropped to 273,000 tonnes from 441,000 tonnes in third quarter of 2018. The volume was 38% less than those in the third quarter...
Vedanta’s alumina production up 24% YoY in FY2019 due to plant debottlenecking
Vedanta’s Lanjigarh refinery produced 1,501,000 tonnes of alumina in FY2019, up 24% year-on-year from 1,209,000 tonnes in FY2018 due to plant debottlenecking. Alumina production from Lanjigarh increased from 638,000 tonnes to 827,000 tonnes in H2 FY2019, 30% higher year-on-year. The production was...
NALCO achieves ever-highest bauxite production at Panchpatmali Mines in FY2018-19
National Aluminium Company Limited (NALCO) has posted its year-round achievements for fiscal 2018-19, where it mentioned about recorded capacity production of bauxite at Panchpatmali Mines totalling 74.14 lakh tonnes, which is the highest since inception. The transportation of the ore has also been...
IB2 announces launch of a breakthrough technology for low grade bauxite refining at Bauxite & Alumina Conference
Romain GIRBAL, General Manager of IB2 , a Paris based innovative solution provider that works towards producing alumina with low grade bauxite announced the launch of an innovative and breakthrough technology for low grade bauxite refining during the Bauxite & Alumina Conference that took place in...
QRC concerned over a proposed legislation to amend the bauxite royalty rates in Queensland
The Queensland Parliament has reaffirmed a royalty decision on bauxite in the parliament. But the Queensland Resources Council (QRC) has raised concerns over thelegislation to amend the royalty rates on bauxite exports. The Parliament maintained the existing minimum royalty rate on bauxite for...
Odisha High Court lets Vedanta participate in NALCO alumina sale tender
The Odisha High Court has reportedly granted permission to the mining giant Vedanta to participate in the tender floated by state-run navaratna company NALCO for sale of surplus alumina. This judgement from the Odisha High Court is expected to provide a major relief to Vedanta. The aluminium major...
Pure Alumina to acquire Polar Sapphire for US$27.1 million to fast track its HPA production
The Australian firm Pure Alumina Limited is planning to buy private Canadian high purity alumina (HPA) producer Polar Sapphire for $C25.7 million ($27.1 million). Polar Sapphire produces some of the lowest cost HPA at its Toronto pilot. Pure Alumina announced its plan to its investors in the...
Tension at Lanjigarh alumina refinery subsides after mutual discussion
According to a recent report, the tension between locals and authorities of Vedanta alumina refinery at Lanjigarh in Kalahandi district has subsided today on March 19, after a mutual discussion between the two parties. The tension had taken place on Monday, March 18, after Rengalpali villagers...
China’s alumina production sees a year-on-year rise by 10.93% in February
According to Shanghai Metals Market, China’s alumina production in February came in at 5.64 million tonnes, after rising 10.93 per cent year-on-year. The average daily output stood at 201,000 tonnes, while annualised capacity in operation recorded at 73.46 million tonnes. This year-on-year rise in...
Rio reports 10% decrease in underlying EBITDA for aluminium in 2018; group EBITDA remains strong despite cost pressure
Rio Tinto announces record returns of US$13.5 billion including final dividend of US$3.1 billion and special dividend of US$4.0 billion to its shareholders for 2018. Commenting on the announcement, Rio Tinto chief executive J-S Jacques said “We have once again announced record cash returns to...
ERG starts shipping alumina from Kazakhstan to Xinjiang region of China: Sources said
Eurasian Resources Group (ERG) has reportedly started shipping alumina from Kazakhstan into northwest China’s Xinjiang region. The news came after four people with knowledge of the matter said last week. However, purchases of alumina from Kazakhstan are a rare occurrence in China. According to...
Alumina Limited’s net profit after tax surges 87% in FY 2018
Alumina Limited has reported an 87% increase year-on-year in statutory net profit after tax to US$635.4 million for the full-year ended 31 December 2018. The company has declared a final, fully franked dividend of 14.1 US cents per share. This makes total dividends of 22.7 US cents per share for...
