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...
Grow with
AL Circle
India’s estimated alumina imports from Australia and Vietnam grow YoY in 2018
According to the global export-import data, India’s estimated aluminium imports from Australia and Vietnam in 2018 grew year-on-year in tandem with the rise of the country’s total alumina imports. In 2017, India had imported 1.50 million tonnes of alumina from Australia and 339,459 tonnes from...
Chinese primary aluminium inventories up by 33,000 tonnes over weekend
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 33,000 tonnes from Thursday February 14, to 1.65 million tonnes as of Monday February 18, Shanghai Metals Market data showed. For the same period, stocks in Wuxi, Jiangsu and Nanhai,...
South32’s alumina and aluminium production in FY2019-20 to be tad higher than current fiscal
Australia-based metals and mining company South32 has reportedly maintained its production guidance of alumina and aluminium in the fiscal years 2018-19 (July-June) and 2019-20. The company projects volumes in the coming fiscal tipped to be marginally higher. For 2019-20, South32 flagged total...
China’s January alumina production up 7.4% from a year ago
According to Shanghai Metals Market, China produced 6.13 million tonnes of alumina (metallurgical grade) in January, an increase of 7.4% from a year ago. The average daily output stood at 198,000 tonnes, down 1,000 tonnes from 199,000 tonnes in December 2018. Gas installation issues at Chiping...
Hindalco’s Q3 FY19 PAT up 47% driven by higher EBITDA and lower finance costs
Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, posted 8 per cent increase in revenue in in Q3 FY19. Revenue stood at INR11,938 crore, from INR11,044 crore in Q3 FY18. EBITDA rose 4 per cent YoY to INR1,926 crore in Q3 FY19, on the back of supporting macros,...
NALCO reports 80% growth in its operating profit in Q3 2018-19
National Aluminium Company Limited (NALCO), announced its financial results for the third quarter ended December 2018 and up to end third quarter 2018-19. India’s leading manufacturer and exporter of alumina and aluminium posted a higher than expected operating profit of INR589 crore in the 3rd...
China’s bauxite imports record 24.5% growth in 2018 on growing demand and unstable domestic supply
China Customs data found that bauxite imports into China jumped in 2018 to total at 85.61 million tonnes against 64.63 million tonnes in 2017. The Chinese government’s environmental restrictions and crackdowns on the black market tightened domestic supplies and thus prompted increasing imports of...
Rusal’s alumina production in 2018 remains unchanged at 7,774 thousand tonnes
Rusal, a leading global aluminium producer, announced operating results for the fourth quarter of 2018 and for the 12 months ended 31 December 2018. In the fourth quarter of 2018, total alumina production decreased by 2.1 per cent quarter-on-quarter. Alumina production stood at 1,958 thousand...
Rusal's aluminium production records 1.3% growth in 2018
The world’s second largest aluminium company by primary production output - Rusal once again proves its potential by recording a year-on-year growth in aluminium production in 2018. Even after going through critical conditions led by United States sanctions, the Russian aluminium giant produced 1.3...
Australia’s alumina export likely to grow marginally in 2019: South Africa to top the importers list
With seven refineries operating, Australia is the world’s second largest producer and exporter of alumina. It mostly produces smelter grade alumina for both the domestic and export markets and accounts for 22 per cent of the global production. Rio Tinto, Alcoa, South32 are some of the few...
Hydro’s Q4 2018 EBIT for Bauxite & Alumina drops 74% YoY due to production restrictions at Alunorte and Paragominas
Hydro today announced results for the fourth quarter of 2018. Underlying earnings before financial items and tax decreased to NOK 534 million in Q4, down from NOK 3,555 million in the same quarter last year. The results mainly reflect the effects of the production curtailment at Alunorte alumina...
Xinfa Group reduces its annual alumina production by 500,000 tonnes at a plant in Guangxi
Xinfa Group, one of China’s top aluminium producers, has reduced production at its alumina plant in southern China’s Guangxi region due to tight bauxite SMM-BAUX-GUAXI supply. The news came after a company official and a consultancy reported this to Reuters. The Group has lowered the production by...
Vedanta reports highest ever alumina production in Q3 FY 2019
Vedanta Limited announced its unaudited consolidated results for the Third quarter ended 31 December 2018. The company reported record quarterly alumina production of 404,000 tonnes in Q3 FY 2019, up 16% q-o-q. Mr. Srinivasan Venkatakrishnan, Chief Executive Officer, Vedanta, said "We are pleased...
UAE’s alumina import to rise 19% in 2019; India continues to be the key supplier
Being one of the world’s top aluminiumproducing countries, the United Arab Emirates’ import of alumina is expected to rise in 2019 after a year-on-year drop till last year. According to our third-party data, the UAE in 2016 had imported 1.67 million tonnes and from then on the volume dropped...
Nalco aims at achieving INR 1,600 crore net profit in FY2018-19: Chand says
A Navaratna CPSE under Ministry of Mines National Aluminium Company Limited (Nalco) has reportedly aimed at achieving a net profit of over INR 1,600 crore and revenue of INR 12,000 crore during the on-going fiscal 2018-19. The news came after the company’s CMD Dr. Tapan Kumar Chand said: "We have a...
China’s alumina export surges more than 3,700% YoY in December
China exported 177,430 tonnes of alumina in December, down 37.9 per cent month-on-month. The country’s export of alumina was at 285,696 tonnes in November. The volume was up more than 3,700 per cent from December 2017. China’s total exports of alumina in 2018 stood at 1.46 million tonnes, according...
Rio Tinto’s 2018 alumina production down on maintenance shutdowns
Rio Tinto’s alumina production for the fourth quarter of 2018 was three per cent lower than the fourth quarter of 2017. Compared to Q3 2018, alumina production registered a hike by 2 per cent. The company produced 2 million tonnes of alumina in Q4 2018. For the full year , alumina production stood...
Alumina production by South32 grows 19% in Q2, while aluminium output records stagnant
Diversified miner South32 has reportedly achieved a solid production performance in the December quarter, with production guidance for the full year to June 2019 remaining unchanged for all operations except Illawara Metallurgical Coal. South32 CEO Graham Kerr said today, on January 17, “We...
