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...
Ireland withholds Aughinish Alumina meeting notes amid Russia export review
Ireland’s Department of Enterprise has withheld the release records of discussions between its secretary general and Aughinish Alumina management, citing “highly confidential information” shared by the company. The decision comes as scrutiny intensifies over the Limerick refinery’s alumina exports...
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Minister cancels 7 bauxite mining licences in Visakhapatnam India
Union Tribal Welfare Minister Kishore Chandra Deo has vetoed the move by the AP Government to undertake bauxite mining in the eastern ghats of Visakhapatnam district and brought the curtains down on the controversy raging over the issue for the past few years. He has revoked seven mining licences....
Chief Minister to help co-ordinate a new gas pipeline to Gove bauxite mine
Northern Territory Chief Minister Terry Mills says his government will do all it can to help co-ordinate a new gas pipeline to a bauxite mine in Arnhem Land. The Gove bauxite mine and alumina refinery are the chief employers in the nearby town of Nhulunbuy in Arnhem Land but have been making a loss...
Vedanta urges Government to restrict bauxite exports
Vedanta Aluminium has called on the government to restrict bauxite exports and allow more mines to ensure that India's domestic industry, including Vedanta's own alumina refinery, has sufficient supplies. The company's refinery in Odisha has been operating at 70 percent of its capacity of 1 million...
Russia's Rusal to invest $100 million in Jamaica power plant
Russia's Rusal, the world's largest aluminium producer, will invest $100 million in a coal-fired electricity generating plant in Jamaica, hoping to reduce power costs at its operations in the Caribbean country. Jamaica's Energy and Mining Minister Phillip Paulwell announced the company's plan...
Lanjigarh refinery on the verge of closing down
Faced with acute shortage of bauxite to run its one-million-tonne alumina refinery at Lanjigarh in Odisha, Vedanta Aluminum Ltd (VAL), an arm of London-listed Vedanta Resources, may issue a notice to the state government on Monday or Tuesday to shut down the unit. The three-month notice would be...
Rusal could reopen Friguia in exchange for bauxite
United Co Rusal could restart the Friguia alumina refinery in Guinea if the government grants it further bauxite concessions, first deputy ceo Vladislav Soloviev told Metal Bulletin. “Among our working refineries, Friguia is the most expensive in terms of production costs. We incurred losses in the...
Nalco’s Commercial Director gets additional charge as CMD
The mines ministry on Thursday has given Anshuman Das, commercial director of Nalco, additional charge as chairman and managing director of the state-run company. After taking charge of Nalco, Das said his job will be to prioritize projects. "We will take up a proposed Rs 16,000 crore aluminium...
Nalco Undergoes Significant Management Shift
The mines ministry on Thursday has given Anshuman Das, commercial director of Nalco, additional charge as chairman and managing director of the state-run company. After taking charge of Nalco, Das said his job will be to prioritse projects. "We will take up a proposed Rs 16,000 crore aluminium...
Locals demand more bauxite for Vedanta’s refinery in Odisha
Apprehensive about the future of the alumina refinery of Vedanta Aluminium at Lanjigarh in Kalahandi district, local people observed a bandh demanding bauxite for the company. With VAL having to run its refinery at 40-50 percent of its capacity, the people under the banner of the Lanjigarh...
Water scarcity to delay Anrak refinery
The efforts of Anrak Aluminium Limited (AAL) to commission its Greenfield alumina refinery may not materialise in the near future with severe water shortage being experienced by the Greater Visakhapatnam Municipal Corporation. Though construction of the refinery with a capacity of 1.5 million...
Hydro's alumina refinery Alunorte exempted from ICMS tax on fuel oil
The State of Pará in Brazil has decided that, effective from September 10, 2012, ICMS tax will again be collected from the fuel oil distributors, exempting Hydro's alumina refinery Alunorte from the ICMS tax. A change took place March 1, 2012, changing the collection point for ICMS tax from...
No plan to shut down Lanjigarh refinery: VAL
The Vedanta Aluminium Ltd (VAL) has no plans to shut down its one million tonne alumina refinery at Lanjigarh, which is currently facing acute shortage of raw material to run the plant. "We have no plans to shut down the refinery. We are running the refinery with depleted stock of bauxite. The...
Indonesia and China agreed to produce alumina jointly
Indonesia and China have agreed to jointly produce alumina, commodities processing of bauxite into aluminum upstream raw material industry with aluminum ingot products, amounting to two million tons per year. The deal is a series of signing a memorandum of understanding between the PT Indonusa...
Rusal says claims on its Friguia plant in Guinea have no legal ground
Labour unions in Guinea have called on the government to cancel Rusal’s 2006 contract for the purchase of the country’s Friguia bauxite and alumina complex. Rusal says the demands have no legal ground. The world's largest aluminium producer said on Friday that it intended to protect its ownership...
Guinea unions ask government to annul RUSAL Friguia alumina plant deal
Guinean labour unions backed by the main worker federation, CNTG, have asked the government to annul a 2006 contract selling the country's Friguia alumina refinery to Russia's UC RUSAL , a union leader said. RUSAL paid $19 million in 2006 for the refinery, a price the current government has said is...
VAL employees appeal to save Lanjigarh plant
Hundreds of VAL employees demonstrated before the main gate of Vedanta Aluminium Limited (VAL) at Lanjigarh on Wednesday as their future appears to be in the dark. They appealed to Chief Minister Naveen Patnaik to save the industry from closure. On the one hand, the stiff opposition by the tribal...
China alumina refinery temporarily closed on environmental grounds
An alumina refinery in China that is 33% owned by Chalco has been closed down by authorities temporarily on environmental grounds. The refinery is located in Guangxi, South Western China and has been closed following an order from the Ministry of Environmental Protection last week. The country’s...
Hindalco plans to borrow $1.8 billion loan next month to finance its Odisha projects
Hindalco Industries Ltd. (HNDL), India’s second-largest aluminum maker by output, plans to sign an agreement to borrow 100 billion rupees ($1.8 billion) as early as next month, according to two people familiar with the matter. The interest rate for the 12 1/2-year term facility, which will finance...
