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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Top Ten Alumina Companies in the World
<p>The dynamics of the global alumina industry has undergone a sea-change over the last five years. Driven by a humongous demand for aluminium in China, followed by other growth areas such as the Middle East and India, bauxite production and alumina refining capacity has increased immensely across...
Growing adoption of LED lighting to drive HPA market growth through 2020
<p>According to a recently published market report, the global high purity alumina market is slated to grow at a CAGR of 27.11% by the period 2016-2020. The growing adoption of LED lighting systems and displays, changing Government regulations encouraging energy-efficient lighting systems across...
Australia exported 19.6 million tons of alumina out of 20.3 million tons of production in 2015
<p>Australia is the top bauxite producer in the world with about 81million tons of bauxite production and that has induced some of the top aluminium companies invest on alumina refineries in Australia, especially Western Australia.</p> <p>{newsStudioGallery}</p> <p> </p> <p>According to the...
Nalco faced by domestic market challenges for alumina value-addition, says Mines Minister
<p>India's state-owned integrated aluminium company National Aluminium Co. Ltd (Nalco) has been working on a strategy devised to add greater value to the alumina produced in-house; but a host of challenges is obstructing the PSU's way to attaining success in the transition- the domestic market...
Vedanta plans to invest up to $2.9 bn to expand its alumina and aluminium capacity in Odisha, India
<p>Mining major Vedanta resources plans to invest INR 150 to 200 billion ($2.93 billion) over next three years to expand its alumina and aluminium producing capacity in Odisha, India, according to a statement made by Anil Agarwal, chairman of Vedanta Resources Plc. on the inaugural day of the...
Nalco to see better days with rising alumina prices
<p>National Aluminium Company (Nalco), the world's second lowest cost producer of alumina, will benefit from the rising alumina price. Global alumina benchmark price has risen around 14% over the past month and 30% in three months. This should boost the company's December quarter results. <br /><br...
JISCO officially takes charge of Alpart with promise of employment to local community
<p>Russian aluminium major UC Rusal completed the sale of Alpart refinery in Jamaica to the Chinese group Jiuquan Iron & Steel (Group) Co. Ltd. (JISCO) on November 22. Alumina Partners of Jamaica (Alpart) was officially handed over to JISCO last Thursday November 24 and the production is set to...
India's alumina producers seeking anti-dumping duty exemption on caustic soda
<p>India's domestic aluminium producers have been long demanding for an import duty protection for aluminium to which the government has responded in the affirmative only very recently. Now, the likes of Vedanta Ltd., National aluminium Company (Nalco), and Hindalco have again come up with the...
CBIX down, alumina steadies, freight up
<p>CBIX fell 1.7% (US$0.8/dmt) to US$46.7/dmt with low Value in Use (ViU) priced Malaysian ore weighing on the week’s average, despite cargos of higher ViU ore from Guinea and Brazil. Malaysian prices remain unmoved on US$27.5/dmt FOB for un-washed ore and US$39.5/dmt FOB for washed...
NRG Energy holds Sherwin Alumina responsible for cogen plant operations disruptions
<p>NRG Energy's Gregory Power Partners LLC objected to the bankrupt company Sherwin Alumina's November 10 emergency motion at the bankruptcy court to expedite the hearing and objection deadlines on its bankruptcy reorganization and asset sale plan.<br /><br />Alumina producer Sherwin Alumina has...
Hindalco alumina production records 16% growth YOY in Q2FY17
<p>Hindalco Industries has announced the unaudited standalone results for the second quarter ended September 30, 2016. The company delivered robust operational performance in a challenging macroeconomic condition.<br /><br />During the second quarter, alumina production (including Utkal Alumina)...
CBIX up, alumina up, cape rates up and more Chinese refinery capacity for Indonesia
<p>CBIX was up 2.7% (US$1.3/dmt) on the back of high Value-in-Use (ViU) cargos from Australia and Brazil and the absence of any lower ViU cargos (e.g. from Malaysia) to counter-balance. Although Malaysian prices remain unchanged (US$27.5/dmt FOB un-washed and US$39.5/dmt FOB washed), an increase in...
RUSAL's alumina production volume increases in Q3 and 9 months ended Sept 30
<p>UC RUSAL, a leading global aluminium producer, today announced its results for the three and nine months ended 30 September 2016. Total alumina production volume (unaudited) for three months ended 30th September totalled at 1,865 thousand tonnes down from 1,870 thousand tonnes in the same period...
Manchester looks at the revival of alumina industry and other businesses in the parish
<p>The Parish of Manchester is located in west-central Jamaica, in the county of Middlesex which used to be a business hub and housed the major alumina plants that drove the economy. However, during recession time in 2008, the plants closed and the parish became prone to various crimes. <br /><br...
Global high purity alumina market slated to reach US$3.6 bn by 2021
<p>According to a recently published report by Persistence Market Research (PMR), the global high purity alumina market was valued at US$ 1.2 billion in 2014 and is projected to expand at a CAGR of 6.9 per cent during the forecast period to reach US$ 3.6 billion by the end of 2021.<br /><br />High...
IBAAS outlines the outcome of 2016 Goa Symposium for the India Ministry of Mines
<p>IBAAS 2016, the fifth annual conference of the International Bauxite Alumina & Aluminium Society, was organized jointly with the Indian Institute of Metals, during September 26- 28, 2016, at Goa, India. The topic for the symposium was ’Aluminium Industry - The Evolving Asia-Pacific...
EU approves Imerys’s acquisition of alumina producers Alteo ARC and Alufin
<p>The European Commission has approved French minerals company Imerys’s proposal to acquire alumina producer Alteo ARC and Alufin GmbH Tabularoxid. The takeover is subject to certain conditions.</p> <p>The Commission said on Friday that Imerys, as well as the businesses it was planning to...
South32's alumina hydrate output improves QoQ in Q1 FY2017
<p>BHP Billiton spin-off South32 announced sharp rise in alumina hydrate production at its Worsley Alumina operation in Western Australia in the first quarter of the 2016-2017 financial year against the previous quarter.<br /><br />The total output of aluminium hydrate in the quarter ended...
