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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The environment ministry has defended in the Supreme Court its decision to deny forest clearance under the Forest Rights Act (FRA) to Orissa Mining Corporation's plan to mine the Niyamgiri Hills to source bauxite for Vedanta's alumina plant, while simultaneously leaving the door open for possible...
International Bauxite, Alumina & Aluminium Society (IBAAS) announces the organization of second International event in Nanning, Guangxi, China during November 28 to 30, 2013 in cooperation with the CHALIECO. The title of the IBAAS – 2013 symposium is "Present Status and Future Prospects of Bauxite-...
The Government and representatives of aluminum giant UC Rusal are to hold talks today, as the parties seek to sign off on an arrangement for alternative energy solutions for the reopening of the Alpart and Kirkvine alumina plants. UC Rusal closed Alpart and Kirkvine in 2009, amid the global...
China Power Investment Corporation (CPI) suggested to build an annual production of 4,000 thousand tons alumina refinery in Boffa has obtained permission from Guinea Government. This project was invested about 6 billion dollars totally, including a deepwater port and a power station. The project...
China Hongqiao Group Limited (01378) announced to build a joint venture with Winning Investment, PT. Cita and PT. Danpac in Indonesia, held 60%, 10%, 25% and 5% of share respectively. The JV’s issued capital was 94bn IDR ( 75,000 thousand HKD). This joint venture will establish and manage alumina...
Resource giants Rio Tinto and Alcoa have won a two-year extension on their plans to develop a massive bauxite deposit and alumina smelter in the Kimberley, despite Premier Colin Barnett casting doubts on the venture. Earlier this month Mr Barnett suggested the remote, costly, project was unlikely...
The government of Guinea on Friday cleared a project by state-owned China Power Investment Corp to invest nearly $6 billion in an alumina refinery in Boffa, some 120 km (75 miles) west of the capital, a statement from the government said. The project for the 4 million tonne per year refinery, which...
With at least seven firms starting construction of mineral smelting plants in Indonesia this year, the Energy and Mineral Resources Ministry is pressing on with its plan to completely ban the export of unprocessed minerals in 2014 as stipulated in the 2009 Mining Law, despite a challenge by...
Mining company PT Aneka Tambang, known as Antam, has given the Japanese Sumitomo Corporation the task of working on the development of coal-fired power plants, which forms part of the company’s modernization work on its ferronickel factory in Pomalaa, Southeast Sulawesi. Antam is also in the...
Even after 20 years and investments of over Rs 5,000 crore, the 1.5-million-tonne alumina refinery project of Utkal Alumina International Ltd (UAIL), a subsidiary of the Kumar Mangalam Birla’s Hindalco, is yet to see the light of the day. As the company gears up to give a final push to complete the...
Some 3-5 foreign investors are now studying to invest in alumina business in Indonesia with total investment expected to reach US$10 billion, equivalent Rp96 trillion, Investor Daily reported this morning. Panggah Susanto, general director of manufacture-based industry at the Industry Ministry,...
The Bombay High Court has asked billionaire Anil Agarwal controlled Vedanta Aluminum to deposit a security amount of Rs 187 crore with the court, till the arbitration proceedings reach a definitive conclusion, based on a plea filed by Chinese power equipment manufacturer Shenzen Shandong Nuclear...
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea, announced today that Dubai Aluminium Company Limited ("DUBAL") and MCD Industry Holding Company LLC...
Aluminum Corp. of China Ltd., the country’s biggest producer, is seeking to tap bauxite resources and build processing plants abroad after Indonesia, the largest supplier to China, curbed exports. The company plans to build an alumina facility with a capacity of 1 million metric tons a year in...
With the aim of strengthening the aluminum industry across the world the industry is shifting its focus on developing it with countries which have high growth potential like India and China. The International Bauxite, Alumina and Aluminium Society (IBAAS) is making serious efforts to bring...
Orbite Aluminae Inc. has developed a hydrochloric acid technology using up-to-date advanced process and hardware solutions. One of the advantages of the technology helping in energy saving is using pressure leaching to avoid pre-calcination of ore. The technology was initially developed for local...
Vietnam state mining group Vinacomin has signed a $300 million government-guaranteed loan with a consortium of foreign banks led by Citi Vietnam to fund the nation's first alumina refinery, the bank said in a statement on Thursday. The loan is for a 13-year period and has been guaranteed by the...
Global Alumina Corporation, a corporation participating in a joint venture to develop an alumina refinery, mine and associated infrastructure in the bauxite-rich region of the Republic of Guinea, announced today its financial and operating results for the three and nine month periods ended...
