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...
National Aluminium Company Ltd (NALCO) has reported its highest-ever operational and financial performance for FY2025-26 as the state-run aluminium producer moves ahead with major expansion projects and a broader push into critical minerals and resource security. National Aluminium Company Ltd...
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Recently, WIKA Consortium with Minister of Energy and Mineral Resources Jero Wacik and Minister of State Owned Enterprises Dahlan Iskan had inaugurated the largest Alumina Processing Plant in South East Asia located in Tayan Sub-district, Sanggau District, Monday (28/10). Capacity Production of...
An alumina plant and aluminium smelter project worth INR 15,000 crore would be set up near Mundra in Kutch district of Gujarat, Union Minister of State for Mines Dinsha Patel said today. "The plant will come up near Mundra in Kutch district of Gujarat. It is a joint venture between National...
Votorantim Metais’ (VM) Alumina Rondon project, an alumina refinery located close to a bauxite mine in the north of Brazil, is expected to start operations in 2017, Carlos Gatti, the project’s operation manager told Metal Bulletin. VM is currently concluding feasibility studies and construction...
Union minister for Rural Development Jairam Ramesh today said the state government and Vedanta Aluminium Limited (VAL) should find another place to excavate bauxite to feed the company’s refinery plant located at Lanjigarh. Minister Ramesh said this while addressing media at Congress HQs in...
Aneka Tambang will commence commissioning of its chemical grade alumina (CGA) plant - Indonesia’s first - located in Tayan, West Kalimantan, in October. Construction of the Tayan CGA project began in June 2011 in order to process Aneka’s bauxite reserves to produce up to 300,000 tonnes of CGA per...
Allen & Overy has advised CPI International Minerals (CPIIM), a wholly owned subsidiary of China Power Investment Corporation, on the conclusion of the mining convention for CPIIM’s world-scale alumina project in the Republic of Guinea. The convention, which was signed in Conakry, the capital, on 6...
The driving forces of NT politics – development and dependence – have been amply displayed via the issue of gas supplies for the Gove alumina operation. The owners of Gove have previously thrice rejected the option to pipe gas directly to the facility. Yet six months ago the operation (now owned by...
Aluminium contributes nearly 75% to company’s profit Hindalco Industries will be producing around 3 million tonnes of alumina and 1 million tonne of aluminium from 2014, as production from the company’s Mahan and Utkal Alumina will come on-stream. Mahan aluminium smelter, in Madhya Pradesh, is...
Hindalco Industries, the manufacturer of non-ferrous metals would save nearly Rs 150 crore of interest payment on annual basis following refinancing of Utkal alumina project, Managing Director, D Bhattacharya told CNBC-TV18. The Aditya Birla group company refinanced Rs 4700 crore loan from State...
State-owned diversified miner PT Aneka Tambang (Antam) is seeking partners for the development of a processing plant to convert bauxite into smelter grade alumina (SGA). Antam president director Tato Miraza said the company sought a maximum of two partners for the project, which will be located in...
Global Alumina Corporation, announced today that it has settled all of its debts and provided for all of its obligations and has forwarded US$31,021,884.60 of the remaining proceeds relating to the sale of the Guinean refinery project to Computershare Trust Company of Canada, its transfer agent,...
AdityaBirla Group flagship Hindalco has managed to refinance Rs 4,700 crore from State Bank of India and Axis Bank for its Utkal alumina project. At an interest rate of 10.15% payable over an eight-year period, this will imply a reduction of a whopping 300 basis points from the previous loan....
ASX-listed Australia Minerals and Mining Group (AMMG) has launched a definitive feasibility study (DFS) of its South West alumina project, in Western Australia. “The DFS is the next stage of development for this project, as it will detail the design, construction, capital expenditure and operating...
While China’s economic growth stabilises, the country’s demand for bauxite and fused alumina for refractory applications in steel production continues, and can be viewed as responsible for initiating several new projects in the bauxite-rich provinces of Henan, Guizhou, and Shanxi. Among these are...
China is ambitious to build an alumina refinery in Indonesia with an investment up to US$1 billion in two phases. The joint venture refinery began to be formed. To pave the mega investment, domestic company PT Harita Jayaraya teams up with China Hongqiao Group Ltd. to form a joint venture (JV),...
Orbite Aluminae Inc. said Friday it has fixed the terms of a previously announced offering of units comprised of class A shares and warrants. The company said in a press release it has reached its financing objectives as it anticipates raising up to $50 million, at a price of 70 cents per unit....
Mr. Le Viet Quang, Chairman, Lam Dong Aluminum Company, has said that the construction of the Tan Rai bauxite project in Lam Dong Province has been completed, with 1.6 million tons of bauxite ore mined. The first phase of this project is designed with a capacity of 650,000 tons of alumina a year....
Nalco will add an additional one million tons per annum (MTPA) capacity by 2016 to its existing 2.1 MTPA alumina refinery in Odisha for about INR 4,570 crore, a senior company official said. A draft of detailed project report (DPR) for the expansion of the alumina refinery has been prepared and it...
