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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Shanxi top alumina producer likely to shut down
Speculations are all over that Chalco (Shanxi), Shanxi’s top alumina producer, has submitted to the local government a report titled “Report on Production Cuts or Complete Shutdown at Chalco (Shanxi)." An official surnamed Li at Chalco (Shanxi) confirmed that the company has submitted this report...
Alumina plants in WA spared production cuts
The three alumina refineries in Western Australia’s southwest operated by the Alcoa and Alumina-operated AWAC joint venture have been spared in the latest production cuts made by AWAC in response to the crash in prices. The 60:40 per cent-owned AWAC joint venture operates the Kwinana, Pinjarra and...
Alcoa to curtail remaining capacity at Pt. Comfort alumina refinery
Lightweight metals leader Alcoa has announced it is taking further action to increase the competitiveness of its Upstream business amid prevailing market conditions. In 2015, the Midwest transaction aluminium price dropped approximately 30 percent, and the alumina price Index fell approximately 40...
China's appetite for imported bauxite unlikely to weaken in near term
China had a voracious appetite for both domestic and imported bauxite in 2015 to meet the country’s growing alumina production. However, with some of the biggest alumina producers of the country announcing massive output cuts in recent times, industry watchers conjectured that demand for domestic...
Vedanta alumina refinery gets pollution board's nod for expansion
The Odisha Pollution Control Board (OPCB) has extended, for another five years, the consent to establish period for expansion of Vedanta alumina refinery project which is facing huge losses due to raw material shortages. The pollution board has extended the consent period till February 15, 2020 for...
China appetite for imported bauxite to weaken
China’s appetite for imported bauxite will weaken as Chinese alumina giants announced massive output cuts. Shandong Weiqiao Pioneering Group and Shandong Xinfa Group announced in December to slash alumina production by 3 million tonnes. China imported 5.42 million tonnes of bauxite in November, up...
Uncertainty looms over Anrak Aluminium's INR 7,000 cr alumina refinery
A big question mark hangs over the future of Anrak Aluminium's Rachapalli alumina refinery located in Makavarapalem Mandal, about 90-km from Vishkhakhapatnam. With the Andhra Pradesh Government announcing the cancellation of the bauxite supply agreement that it had with Anrak Aluminium Limited, the...
China alumina output to continue falling in December
China’s alumina output will continue falling in December as tumbling prices and massive aluminum production cuts will force more producers to scale back production, SMM expects. Alumina prices are now near or even below cash costs at Chinese alumina producers, dampening production activity, SMM...
Hudson files amended PEA for Specialty Alumina production
Hudson Resources Inc. informed on November 23, 2015 that the Corporate Finance Department of the B.C. Securities Commission had selected Hudson for a technical disclosure review. As a result of that review, a number of disclosure deficiencies were identified. On May 25, 2015, Hudson filed a...
Around $10 million cut out of Rio Tinto's Gladstone alumina refineries
Profits seem to have gone missing from Rio Tinto's Gladstone alumina refineries and it is the contractors who are being squeezed to turn that around. Yarwun and Queensland Alumina Limited Contractors and suppliers will be worse off about $10 million through a re-tendering process that will look to...
China bauxite imports to fall further in December after 34% slump in November
China’s bauxite imports fell 34% month-on-month in November, a trend to continue in December, SMM expects. SMM bases its prediction on falling shipment from top supplier Malaysia due to monsoon season there, as well as destocking by Chinese alumina producers against year-end cash tightness. China...
IBAAS 2015 concludes pinning hopes on the Asian aluminium industry
The 4th IBAAS Symposium ended successfully at Suzhou, China. On 27th November, the 3rd and final day, about 12 papers in 2 parallel sessions, 6 on alumina and 6 on downstream operations were presented. Topics covered were mainly on technological and process improvements in alumina refining, bauxite...
EGA co-hosts ICSOBA 2015 in Dubai
The International Committee for Study of Bauxite, Alumina and Aluminium ("ICSOBA") and Emirates Global Aluminium (" EGA ") will collaboratively host the 33rd ICSOBA Conference and Exhibition in Dubai from 29 November to 1 December. Formed in 1963, ICSOBA's main objective is to promote the exchange...
Cytec to present on new hydrate flocculant for the alumina industry at ISCOBA
Cytec Industries Inc. will participate at ISCOBA in Dubai, UAE taking place November 29 - December 1. Cytec will present Performance Evaluations of CYFLOC® HF Series New Dextran Based Hydrate Flocculant for The Alumina Industry. Renata Vinhas, Cytec Application Engineer, will discuss how Cytec’s...
China alumina output to fall in November after a rise in October
China’s alumina output to fall back from October’s highs in November as falling alumina prices have driven more producers to losses, expects Shanghai Metal Market. Losses aside, poor demand from aluminum smelters, year-end cash tightness and high inventories will also discourage alumina producers...
Vedanta's cumulative loss on Odisha refinery crosses INR 4,000 cr
Diversified metals and mining major Vedanta Ltd has incurred a cumulative loss of INR 4299 core (till October end) on its one million tonne Lanjigarh alumina refinery since the beginning of commercial operations in August 2007. Though Vedanta recently de-rated capacity of the refinery by 50 per...
Wanji Aluminum mulls over 600,000-tpy alumina expansions
China's Luoyang Xiangjiang Wanji Aluminum Co. plans to expand its annual alumina capacity by 600,000 tonnes. Annual alumina capacity of the company is 1.4 million tonnes at present. Expansions by the company are in contrast with others who cut output against losses from falling alumina prices.
SMM sees no alumina price rally in China, despite massive output cuts
Alumina prices in China are nowhere near bottom, despite massive capacity cuts, SMM predicts. Continuous declines in aluminum prices will weaken support on alumina prices from production cuts, SMM aluminum analyst explained. Alumina prices have lost almost 33.7% since the start of the year, pushing...
