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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New Jamalco Managing Director Promises Greater Competition
Austin Mooney, the new managing director of the Clarendon-based Jamalco, is promising to make the alumina plant more competitive. Mooney, who has almost 35 years’ experience in the bauxite/alumina industry, said the company will also recommit to building better partnerships with its communities and...
Azerbaijan intends to restart aluminium plant in Ganja
Kamran Nabizade, Director General of the Azerbaijan Industrial Corporation, announced on February 7, that the country intended to restart aluminium plant to reduce its reliance on imports. He said: “The goal is to organize the manufacture of primary and final aluminium products. This will make it...
Alumina export volumes by Jamaica expected to remain stagnant in 2018
Alumina sector makes an important contribution to GDP in Jamaica. Jamaica’s alumina exports accounts for 38.3% of the total exports of the country. It is estimated that country’s exports of alumina will remain unchanged to last year. China, one of the leading importers of Jamaican alumina, imported...
Hindalco’s Utkal alumina EBITDA surges 73 per cent in Q3 FY2018
Hindalco Industries’ alumina production reached 734 thousand tonnes in quarter ended December 31, 2017. Alumina production stood at 2, 170 thousand tonnes in 9M-FY2018. Utkal Alumina International Limited (UAIL) produced 376 thousand tonnes of alumina in Q3 FY2018.The company said its UAIL...
UC RUSAL alumina production increases 3.3% YoY for the full year 2017 driven by capacity ramp up
UC RUSAL, a leading global aluminium producer, announces operating results for the fourth quarter of 2017 and for the 12 months ended 31 December 2017 with improved performance in all segments of the value chain. In Q4 2017, total alumina production increased by 1.3% QoQ, totalling 1,990 thousand...
Higher sales and commodity price boost Ma’aden’s net profit in 2017
The Saudi Arabian Mining Company (Ma’aden) published its consolidated financial and operating results for the year ending December 31, 2017. The company reported a strong profit growth driven by increased production and sales, improved commodity prices and tight cost control. Ma’aden produced 916k...
Vedanta’s aluminium production up 39% to 1.1 million tonnes in the three quarters of FY2018
Vedanta Resources has released both the production and financial results for Q3 FY2018 ended 31 December 2017. Vedanta reports 445,000 tonnes of aluminium production in Q3 FY2018, up 40% YoY and 11% QoQ as a result of complete ramp up at the Jharsuguda-II smelter following the ramp up in Balco II...
Union Budget 2018: Indian aluminium sector’s wish list from Finance
As Finance Minister Arun Jaitley starts to present Union Budget 2018 today at Parliament, Indian aluminium sector waits eagerly to see if its wishes and demands are fulfilled. The aluminium industry wants duty on essential raw materials of aluminium production like alumina and coal tar pitch to be...
China’s alumina imports down 61% YoY and exports up 102% in December
According to the latest import-export data published by China General Customs, China’s imports of alumina decreased 60.84 per cent YoY to 143,284 tonnes in December 2017. The country imported 2.86 million tonnes of alumina in 2017, down 5.31 per cent YoY. Image source: SMM China’s alumina imports...
Nalco reports record bauxite production in FY17
National Aluminium Company Limited (Nalco) said in a report that it has recorded a growth of 7.65 per cent in its bauxite production in 2016-17 fiscal. The company has produced 6.825 million tonnes of bauxite in 2016-17, from 6.340 million tonnes in 2015-16. “Bauxite mines have achieved highest...
Utkal Alumina seeks environment clearance for its expansion programme
Utkal Alumina International Limited, a subsidiary of Aditya Birla Group owned Hindalco Industries, has applied for environment clearance for its expansion of the alumina refinery in Odisha. The estimated cost of the proposed expansion project is INR 4000-5000 crore. With the proposed expansion, the...
Alumina plants back in action with resumption of natural gas supply, spot alumina prices continue to stay low
SMM forecasts alumina prices are likely to rally ahead of the Chinese New Year holiday in mid-February before downward pressure returns. Currently, spot alumina price in China is struggling to stay afloat in the face of slow demand. Today’s average alumina price stands at RMB 2862 per tonne,...
Rio Tinto’s 2017 alumina production down on maintenance work at Queensland refinery
Rio Tinto’s alumina production for the fourth quarter of 2017 was one per cent lower than the fourth quarter of 2016. The total alumina production stood at 2 million tonnes in Q4 2017. For 2017, Rio Tinto’s alumina production reduced to 8.1 million tonnes. “Alumina production for 2017 was in line...
Spot alumina price may rally before Chinese New Year on good demand from smelters
Spot alumina price in China is struggling to stay afloat in the face of slow demand. Today’s average alumina price stands at RMB 2875 per tonne and expected to move within a range of RMB 2875 – 2875 per tonne today. SMM forecasts alumina prices are likely to rally ahead of the Chinese New Year...
Spot alumina price struggles at a range of RMB 2850-2870/t; other raw materials remain flat
Spot alumina prices in China are showing restraint as reports from SMM shows a drop in alumina production month on month, as December output drops from that in November. As reported by SMM, average spot alumina price in China increased slightly to stand at RMB 2866/t today. Alumina prices have not...
China alumina production drops in December month-on -month; expected to grow again in January
SMM has published the latest output data from the major Chinese producers in the base metals market. The following table shows the latest output for alumina and aluminium in December and a forecast for January. The report shows a drop in alumina production month on month, as December output drops...
Bosnia's Alumina doo Zvornik to expand its non-metallurgical production
Bosnia's "Alumina" will invest 12 to 15 million marka ($7.4-9.2 million/6.1-7.7 million euros) in 2018 towards expanding its alumina production capacities into non-metallurgical segment. According to the company CEO, Alumina is branching out from its metallurgical production programme. Bosnia's...
China alumina imports down while exports were up in November 2017
China’s imports of alumina reduced 19.51 per cent year on year to 210,579 tonnes in November. During January-November 2017, imports were up at 2.72 million tonnes, according to the latest import-export data published by China General Customs. In November, Indonesia and Australia exported 91,351...
