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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Chalco refinery in Henan re-opens after red mud leakage repair
Last week the Chalco alumina refinery located in Henan had closed down due to a broken waste-pool. The refinery had a capacity of 1.6 million tonnes per annum and its closure had a definite effect on the already climbing alumina prices. On Tuesday, Shanghai Metal Market heard reports that 60,000...
Tightening supply to drive up China alumina prices
Tightening alumina supply is expected to give more rising momentum to China's alumina prices, Shanghai Metals Market foresees. The supply shortfall is due mainly to production suspensions or cuts, SMM learns. Chalco (Henan) has closed down a total of 1.6 million-tpy due to leaks from its red mud...
Naidu’s tough fight to make Andhra Pradesh a key center for aluminium
Andhra Pradesh can become a key center for alumina and aluminium production if the state’s natural resources can be adequately utilized, ranking second only to Odisha. India has bauxite resources of nearly 3.48 billion tonnes of which 18 percent belongs to Andhra Pradesh. However, constant...
Vedanta to expand alumina production despite many obstacles
The Chairman of Vedanta Resources, Anil Agarwal recently announced that he is going to raise the production in his Lanjigarh alumina refinery, from its current capacity of one million tonne to two million tonne in a year and has plans to push that to six million tonne gradually. He also plans to...
Chalco’s Henan alumina refinery shuts down due to break in waste-pool
Reuter reported that an alumina production facility in Henan, owned by the Aluminium Corp of China Ltd (Chalco), closed down earlier this week due to a break in the waste pool as reported by executives from two different aluminum smelters on Thursday. On Tuesday night, the walls of the pool that...
Caltech materials scientists develop non-brittle ceramics with the help of Alumina
Caltech materials scientist Julia Greer and her colleagues are on the path to developing a material that is thermally insulating but also extremely lightweight, or one that is simultaneously strong, lightweight, and nonbreakable—properties that are generally thought to be mutually exclusive. In a...
Orissa government grants prospecting lease to Sesa Sterlite for two laterite deposits
Sesa Sterlite has been granted the prospecting license by the Orissa government to work on two laterite deposit that will yield the necessary raw materials for the 1 million tonne per annum alumina refinery set up in Lanjigarh by the Anil Agarwal owned company. Sesa Sterlite earlier had to import...
Rio Tinto soars even as Yarwun palnt prepares for annual shutdown
Rio Tinto has announced a 21% hike in earnings to 5.1 billion while its Yarwun alumina site in Gladstone prepares for its annual shutdown. Yarwun and Qal, which had both been affected in 2013 by the ex-tropical cyclone named Oswald, are doing much better with the first half results showing a 9%...
China's Inner Mongolia to Produce alumina from coal ash
China’s Inner Mongolia will invest to produce alumina from coal ash, a waste of byproduct of thermal power generation, in its Jungar, Togtoh and Qingshuihe, local media reported. Jungar, a coal-rich region, is preliminarily estimated to produce 120 million tonnes of coal in high-Al content...
The Tan Rai project to face four years of losses instead of two as earlier predicted
The Tan Rai project in Central Highlands province of Lam Dong, which started alumina production on October 1 last year, went through an assessment of its financial performance conducted by Vinacomin and a report was released last week. These reports state that the net present value (NPV) of the...
Alumina faces losses for the closing of Point Henry Smelter
The Australian-based Alumina faced huge losses in the first half of the year till June as compared to last year. This was primarily due to the closure of the Point Henry Smelter located in the state of Victoria fuelled by the continuing weakness in alumina prices. The company incurred a net loss of...
Global Bauxite and Alumina market review 2014
Research and Marke has announced the addition of the "Bauxite and Alumina Market Review" report to their offering. The report presents a thorough study of bauxite and alumina, covering both global and regional markets and aims to give a proper picture of the market, as well as its trends,...
Chinese alumina production slows to 22.77 M Tonnes in H1
China’s alumina production slowed to 22.77 million tonnes in H1 2014, up by 6.50%, due to production cuts and expansion delays, Shanghai Metals Market learned. Alumina producers reliant on imported ore cut output against depressed alumina prices in H1 and Indonesia’s export ban. Moreover, new...
Alumina Limited rating lowered to hold at Deutsche Bank
Alumina Limited was downgraded by investment analysts at Deutsche Bank to a “hold” rating in a note issued to investors on Tuesday. They currently have a $1.45 target price on the stock. Alumina Limited opened at 1.605 on Tuesday. Alumina Limited has a 52 week low of A$0.935 and a 52 week high of...
Alumina powder Silo Retrofit improves product quality
Alumina is a fine powder that is used in the manufacture of aluminum, abrasives, refractory material, and various household products. Large users of alumina often arrange to have it shipped to their plants in 100-ton capacity railcars. The quality and consistency of the alumina, which can vary...
BHP Billiton Alumina production increased by six per cent in FY 2014
BHP Billiton has published operational review for the year that ended 30 June 2014. Strong operating performance delivered a 9% increase in Group production with annual records achieved across 12 operations and four commodities. Alumina production increased by six per cent in the 2014 financial...
Alumina Limited lowered to hold at Deutsche Bank
Alumina Limited was downgraded by investment analysts at Deutsche Bank to a “hold” rating in a note issued to investors. They currently have a $1.45 target price on the stock. Shares of Alumina Limited opened at 1.560 on Monday. Alumina Limited has a one year low of A$0.935 and a one year high of...
Government initiates winding up of BATCo
The Ministry of Science, Technology, Energy and Mining has initiated the winding up of the Bauxite and Alumina Trading Company (BATCo), which it indicates is one step forward in its plan to merge administratively all government entities dedicated to management of bauxite resources. Entities to be...
