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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Canada’s alumina export is forecasted to rise significantly in 2017
<p>The growing demand for aluminium driven by increasing urbanization and industrialization is driving demand for alumina worldwide. The global high purity alumina market size was estimated at 25,315 tonnes per annum in 2016. A recent study says the demand for the commodity will grow at a CAGR...
Shandong alumina refineries to slowdown capacity expansion
<p>Alumina capacity expansion in Shandong, one of China’s major alumina producing hub is going to witness limited progress in the foreseeable future, showed recent survey report produced by Shanghai Metals Market.</p> <p>Several major alumina refineries in the region said they would not...
Cleveland Cascades commissions unique chute for loading alumina effectively
<p>Cleveland Cascades recently commissioned one of the latest Cascade chutes in partnership with Reel Alesa for loading of alumina. </p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/Sherwin-Alumina-3D.jpg" alt="News"...
Guinea approves tax incentives for Rusal’s Friguia alumina refinery
<p>Rusal operated Friguia alumina refinery in Guinea got its agreement over tax incentives approved from the country’s National Assembly, reported an article published on the Economic and Commercial Counsellor's Office of the Embassy of the People’s Republic of China in the Republic of...
China’s alumina export is estimated to rise drastically in Q4 2016-17
<p>China has top alumina producers in the world. The country’s four provinces account for almost 70 percent of China's alumina production. China has 79.25 million tonnes of annual alumina capacity, as reported in the end of 2016. Aluminum Corporation of China Limited is the largest alumina...
Spot alumina prices in three major China markets reported a rise; other raw materials remain flat
<p>Spot alumina prices in China are on an upward track in the major domestic market with a few exceptions like South China where they remain unchanged.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/aluminium%20production.png"...
SMM Expects China Alumina Output to fall in June
<p>China’s alumina output rose 17.1% year-on-year to 5.68 million tonnes in May, and the daily average output dropped 3.5% month-on-month to 183,000 tonnes, SMM statistics showed.</p> <p>Alumina prices fell below costs. This, combined with environmental issue in Shanxi and Guizhou, prompted...
Nalco puts all overseas projects on hold for expanding domestic capacity
<p>According to Tapan Kumar Chand, Chairman of National Aluminium Company Ltd (Nalco), the company has put all overseas projects on hold, including one in Iran, as it aims to focus on increasing domestic capacity.</p> <p>Tapan Kumar Chand told Reuters, “Iran’s proposal is...
Shandong province to limit its new aluminium capacity while boosting aluminium processing
<p>According to an SMM report, Shandong province, one of the major aluminium producing region in China, is going to restrict its new alumina and aluminium capacity. The province will encourage the development of aluminium processing industry instead.</p> <p><img style="vertical-align: middle;...
Alumina production in Guizhou province may be hit due to raw material scarcity
<p>As seen by Shanghai Metals Market analysts, alumina production in Guizhou province, one of China’s major alumina producing regions, will be severely affected by raw material shortages in June. This might bring down the output and put pressure on alumina price in china’s domestic...
Possible production restarts may pressure alumina prices in China
<p>According to an SMM report, alumina prices in China, that have rallied recently, fuelled by production cutbacks, could face pressure from a possible massive production restarts.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Vedanta hopeful of nod for 50% ramp up in capacity at Lanjigarh refinery
<p>Vedanta is looking at the possibility of expanding its alumina refinery capacity at Lanjigarh beyond the existing limit of four million tonne per annum (mtpa). The refinery's rated capacity is six mtpa and Vedanta expects to get all clearances to operate it at that level...
Hindalco reports record alumina production in FY2017, Utkal reaches nameplate capacity
<p>Hindalco reports record standalone/consolidated performance for the fourth quarter and the year ended 31 March 2017. For the FY2017, Hindalco achieved record production in alumina. The total alumina production (including Utkal Alumina) stood at 2,886 thousand tonne registering an increase...
Jamaica optimistic about reopening of Alpart refinery on June 20, JISCO has bigger plans for the plant
<p>With Alpart refinery in Jamaica set to resume alumina refining operations from June 20, after an eight-year shutdown, the owners as well as local people are expecting the plant to gradually return to its annual production capacity of 1.65 million tonnes in early 2018 boosting job...
Alpart to resume alumina production June 20
<p>Jamaica's largest alumina refinery Alpart, now owned by Chinese metals giant JISCO, is to resume processing of bauxite to alumina on June 20, eight years after closing down operations in 2009, company officials said today.Patrick James, Alparts assistant managing director, told a visiting...
India imported about 1.3 million tons of alumina in 2016; Australia tops the exporter list
<p>India has an installed alumina capacity of 6.5.million tons and the reported production of alumina stands at 4 million tons in 2014-15 which increased by about 6% YOY. NALCO continues to be the leading producer of alumina in India accounting for about 45% of the total production. A very small...
Nalco’s Q4 net profit registers 25 per cent growth
<p>National Aluminium Company Limited (NALCO) announced on Saturday, 27 May, that the company registered a growth of 25.23 per cent with a net profit of INR 268 crore as against INR 214 crore during the corresponding quarter of the previous fiscal. The figure shows an 86 per cent jump over the net...
Declining alumina cost helps Vedanta set eyes upon higher aluminium output
<p>Global mining and metals behemoth Vedanta is eyeing 1.6 million tonnes (mt) of aluminium output for the financial year 2017-18, encouraged by the falling alumina prices and a resilient LME aluminium. The company ended the last financial year with a record production of 1.2 MT primary metal.</p>...
