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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Rayagada tribals up against mining by Utkal Alumina
Tribals from Rayagada's Kashipur block have vowed to stop Utkal Alumina International Limited (UAIL) from mining at Baphlimali hills alleging that the company has backtracked on its promises. "The company promised to bring about all round development of the affected villages and started...
Bauxite lobbyists accuse MLA Terry Redman of failing to protect land from bauxite mining
An anti-bauxite mining lobby group has accused Blackwood Stirling MLA Terry Redman of failing to protect the Warren Blackwood area from the threat of bauxite mining. The Bauxite and Alumina Action Group claimed Mr Redman and other Nationals’ ‘‘apathy’’ towards possible bauxite mining in the region...
Vedanta to close Lanjigarh plant: blame bauxite shortage
Vedanta Aluminium, which runs a 1 million tonne alumina refinery in Orissa’s Kalahandi district, may shut down within a fortnight due to acute shortage of bauxite. The refinery at Lanjigarh block has been going through an ore supply crisis after the environment ministry in August 2010 withdrew the...
Nalco announces Rs.7,500-crore expansion plan
National Aluminium Company (Nalco), on Tuesday, said it was investing Rs.7,500 crore as part of third phase brownfield expansion at its existing facilities in Odisha. Addressing the 31st annual meeting of the company, Nalco Chairman and Managing Director B. L. Bagra said, “Detailed project report...
Regulatory hurdles force alumina refiners to cut production
Regulatory hurdles and land acquisition problems are forcing alumina refiners to cut production, raising fears that India may have to rely more on exports for its aluminium requirement despite having huge reserves of the ore required for its production. At 3.3 billion tonne, India has the world's...
Bauxite demand is up but supply might be restricted
A report in India's Business Standard has hinted that while global demand for bauxite is likely to rise at an annual rate of 6.9% from 220Mt in 2011 to 750Mt by 2030, availability of the mineral from which alumina is derived, might be limited if exporting nations follow Indonesia's lead and slap on...
Rio casts doubt on its Gove alumina refinery's future
Rio Tinto has fingered its Gove alumina refinery in northeast Arnhem Land in the Northern Territory as the worst performer among its ailing aluminium interests, raising questions about the future of the remote operation in the absence of a sustained improvement in prices for its intermediate...
KediaCommodity offers Trading Tips for Aluminium
Aluminium yesterday traded with the positive node and settled 0.67% up at 104.50 despite of Germany’s industrial output data which fell overnight and DBRS downgraded Spain and Italy’s credit rating, weighing on the euro. Investors are staying cautious as they are awaiting China’s CPI for July to be...
Rio Tinto to release more Aluminum Assets and Diamonds business
Rio Tinto PLC (RIO) continues to look at ways to exit some of its aluminum assets and its diamonds business and has had interest from potential buyers in individual operations as well as collectively, the mining giant's chief financial officer said Wednesday. Guy Elliott during a conference call...
Bauxite venture case presented to Bridgetown-Greenbushes council
Bauxite Resources Ltd (BRL) chief executive Scott Donaldson presented his company's case for a local bauxite venture to the Bridgetown-Greenbushes Shire Council meeting last week. Mr Donaldson told council he was disturbed by scare-mongering and wished to debunk myths. He said his company only has...
Looming bauxite supply concerns aluminium makers
The global demand for bauxite, from which the aluminium smelter feedstock alumina is derived, is likely to rise at an annual rate of 6.9 per cent from 220 million tonnes (mt) in 2011 to 750 mt in 2030. The world is richly endowed with bauxite mineral, distributed across all continents. And, a good...
BHP expected to reduce its asset value further
BHP Billiton's savage writedown of its US shale gas assets has raised the prospect of further billion-dollar impairments in other parts of the business, with the group's struggling aluminium operation in the spotlight before the full-year results in two weeks' time. Announcing the $US2.84 billion...
Utkal Alumina to start bauxite mining in Rayagada
Utkal Alumina International Limited (UAIL), a bauxite mining and refinery project in Rayagada district, is expected to be operational soon. "The project is ready for commissioning and we are hopeful that it will be operational within the next six months," said Rajesh Kumar Jha, who took over as the...
Votorantim Metais to develop new bauxite project in Brazil
Votorantim Metais (VM) is discussing the development of a bauxite project in the northern Brazilian state of Pará, local media reported. The complex will be set up in the city of Rondon, will extract about 7.1 million tpy of bauxite and will include a refinery producing about 3 million tpy of...
RUSAL team to visit Ewarton Alumina Works in Jamaica in August
A high-end technical team is to be flown into Jamaica from Russia next month to hammer out wrinkles at the United Company (UC) RUSAL-operated Ewarton Alumina Works in St Catherine, according to Mining Minister Phillip Paulwell. "I would like to inform this House that a high-level delegation from...
Rio Tinto's alumina production up 8%
Rio Tinto's coal and aluminium projects in Queensland are bouncing back, even as the Olympic sponsor keeps a close eye on three uncertain frontiers. In its quarterly report released on Tuesday afternoon and covering April, May and June, Rio Tinto Alcan found its alumina production up 8% compared to...
Bauxite Resources Limited updates on Strategy and Outlook
Bauxite Resources Limited is a minerals explorer with two joint venture bauxite projects in the Darling Range in Western Australia. Bauxite Resources is the largest exploration licence holder in the Darling Range covering approximately 24,000 km2. With its Chinese joint venture partners, Bauxite...
Rusal denies plans to shut down its Jamaican alumina plant
Russia's Rusal, the world's largest aluminum producer, denied on Friday it plans to close its last working enterprise in Jamaica and lay off 600 workers, Izvestia daily newspaper reported. The Jamaica Observer reported this week that Minister of Science, Technology, Energy and Mining Phillip...
