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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China’s Feb alumina import drops; yearly import to shrink after 30% smelter capacity cut
<p>China is sitting on a huge inventory of alumina. Despite the fact that the Chinese government has recently come down heavily on the alumina refineries (and smelters) and mandated that they reduce capacity by 50 per cent in order to support the Centre's fight against pollution, the low-cost...
China's Feb aluminium production rises 21%, while total aluminium export dips 2.1% YoY
<p>China's primary aluminium output is clearly on the rise. Despite news in the international media about the Chinese government halting production at many smelters to curb pollution, the first-hand production data collected by Shanghai Metals Market from the country's major aluminium smelters...
Chinalco intends to invest in alumina powder production project
<p>Aluminum Corporation of China (Chinalco) has proposed to make an investment on alumina powder production project in Iran, Chinalco vice president Zhang Chengzhong announced in a meeting. He revealed about the company’s plan to invest in infrastructures for an alumina...
South32 and Alumina Ltd shares edged higher on China’s capacity cut news
<p>Shares of South32 Ltd and Alumina Ltd jumped by more than 9% on Thursday March 2 as news about China imposing curbs on steel, aluminium production started circulating in the market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
China orders production cut on alumina and aluminium to control pollution
According to a Bloomberg News report, China has ordered aluminium producers to curtain their production capacity in 28 cities during winter months as Beijing has been facing smog problems for years. China has also ordered steel producer to cut their production capacity. China has ordered to slash...
UPDATE: Bahrain to import 2MT alumina per annum to feed its aluminium smelter
<p>The small island country of Bahrain together with four other Gulf countries- the UAE, Saudi Arabia, Oman, and Qatar, has changed the face of the Gulf from being a solely oil driven economy to a manufacturing hub accounting for 10 per cent the world's total production of aluminium. About 40 per...
AWAC aluminium production drops 5% in 2016; rising energy costs threaten smelter operations
<p>Alcoa's Australian partner Alumina Limited has reported a loss of $US30.2 million ($A39.3 million)in 2016, down from a $US88.3 million ($A114.8 million) profit in 2015 driven by restructuring-related write-offs and lower prices and volumes.</p> <p><img style="vertical-align: middle; display:...
India exports about 1.5 million tons of alumina per year; China & UAE top the importer list
<p>India has an installed alumina capacity of 6.5.million tons, out of which plant capacity of 6.2 million tons reported alumina production in 2015. 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...
Rusal’s alumina segment reports substantial production growth in Q4 2016
<p>UC RUSAL, the leading global aluminium producer, has announced its operating results for the fourth quarter 2016 and full year 2016. </p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
Nalco expects alumina sales volume to reach 4 lakh tonnes in Q4FY17
<p>India's leading manufacturer and exporter of aluminium and alumina, National Aluminium Company Limited (NALCO) remains upbeat about its Alumina business for the rest part of the current financial year as well as for the next fiscal. In its recently declared financial results for the 3rd quarter...
Utkal Alumina production up about 8% YOY in Q3 2017
<p>Hindalco Industries reported a standalone net profit of INR 321 crore for Q3 2017. Although, aluminium revenues grew 19%, and alumina production reported an increase due to added output from Utkal Alumina International Ltd (UAIL). <br /><br /><img style="vertical-align: middle; display: block;...
Bosnia's Alumina inks coal supply deal with Banovici to support 2017 production
<p>Alumina d.o.o Zvornik, the key alumina producer and the biggest exporter of mineral-based detergents in Bosnia, said that it has signed a deal with the local state-controlled brown coal mine Banovici. Under the deal, the latter will supply 160,000 tonnes of coal worth some 16 million marka ($8.7...
Australia remains the top alumina exporter in the years 2015-2016
<p>The global demand for alumina, the prime raw material for aluminium is growing like never before with faster growth in aluminium production. Recently Alcoa, during its earnings announcement said that it expects a 4 per cent growth in global aluminium demand in 2017. The world will continue to...
Hydro achieves record bauxite and alumina production in 2016
<p>Norsk Hydro has reported its fourth quarter 2016 results with a record bauxite production at Paragominas and alumina production in Alunorte.<br /><br />For the full year 2016, the Paragominas bauxite mine and the Alunorte alumina refinery reached record yearly production of 11.1 million mt and...
Macquarie upgrades Alumina Ltd to outperform
<p>Macquarie has upgraded Alumina's recommendation from neutral to outperform and increased its price target by 35% to $2.30, implying upside of 20% to the company's current trading range.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Saudi Arabia's reliance on alumina imports decreases significantly, 2016 volume down 35% YoY
<p>Saudi Arabia, which is home to the GCC's only integrated aluminium complex- Ma'aden Aluminium (a joint venture between the Saudi Arabian Mining Company and Alcoa), is inching towards becoming fully self-reliant in alumina procurement for metal production within the country. Construction at...
Alumina drives Alcoa’s revenue for Q4; strong demand growth for alumina projected in China
<p>Alcoa Corporation reported its fourth quarter 2016 results on January 24 and despite net loss, the results reflect profit growth at the combined segment level. Alcoa reported 9% sequential growth in its Q4 revenue of $2.5 billion. The revenue growth was driven by higher alumina pricing to...
China’s proposal to curtail metal production may affect big players
<p>As reported by Bloomberg, China’s proposal to curtail metal production in winter in order to control air pollution may cause shortages of alumina but will have little impact on aluminium supply, as explained by one the top industry bodies in China.</p> <p>The proposal will cause production...
