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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Odisha: Vedanta Aluminium Limited Wins RoSPA Award 2012
The alumina refinery of Vedanta Aluminium Limited (VAL) at Lanjigarh, Orissa has been conferred with RoSPA Occupational Health and Safety Award 2012. The Royal Society for the Prevention of Accidents (RoSPA) started the Occupational Health and Safety Awards scheme in 1956, making it the largest and...
UPDATE 1-Workers strike at RUSAL alumina refinery in Guinea
Employees at UC RUSAL's Friguia alumina refinery in Guinea have gone on strike, paralysing operations there, a union member and two other employees told Reuters, but the company said production losses would be "insignificant". Kabinet Barry, a spokesman for the worker's union, said their demands...
Nalco achieves record production
The National Aluminium Company Ltd. (Nalco) achieved the highest-ever bauxite production of 50.03 lakh tonnes in 2011-12, against the previous best of 48.79 lakh tonnes in 2009-10. The alumina refinery of the company produced 16.87 lakh tonnes of alumina hydrate. However, during the year, the metal...
Nalco all set to clinch bauxite sourcing deal from Gujarat
Nalco is poised to clinch a crucial deal for bauxite sourcing from Gujarat. Its negotiations with Gujarat Minerals Development Corporation (GMDC) reached the “final stage”, the CMD of Nalco, Mr B.L. Bagra, told Business Line. The GMDC board recently approved the arrangement for sourcing through a...
India's NALCO says 2011/12 aluminium output down 6.98 pct
India's National Aluminium Co Ltd (NALCO) said on Tuesday aluminium production fell 6.98 per cent in the 2011/12 fiscal year dragged by higher raw material costs due to a coal shortage and weak overseas prices. State-run NALCO, India's third-largest producer of aluminium, produced 413,000 tonnes of...
Vedanta Aluminium says it will face public hearing on 2 May
Officials of Vedanta Aluminium Ltd will face a public hearing on 2 May in Orissa’s Kalahandi district to seek approval for expansion of the company’s alumina refinery, a company official said, reversing its earlier position to seek a waiver on the ground that such hearings have already been...
NALCO reports record bauxite and alumina production in FY12
State-run National Aluminium Company Ltd. (NALCO) has reported highest ever bauxite and alumina production for the year 2011-12. The company has achieved the highest-ever bauxite production of 50.03 lakh tonnes, against the previous best of 48.79 lakh tonnes achieved in 2009-10, company sources...
Global Alumina Releases Year-End 2011 Results
Global Alumina Corporation CA:GLA.U +7.89% (the "Company" or "Global Alumina"), 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 (the "Project"), announced its financial and...
Ord River Resources: Resource upgrade provides basis for Bankable Feasibility Study in Laos
Ord River Resources (ASX: ORD) has delivered a resource increase for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new JORC Resource of 226 million tonnes at 26.7% alumina is an increase of 73.8% from the previous resource,...
Alumina refinery: Anrak toeing Vedanta line
Despite the clouds of uncertainty to mine in scheduled areas, Anrak Aluminium Limited (AAL) appears to be getting ready to launch alumina refining by sourcing part of its bauxite ore requirement from Gujarat. It is also in talks with Glencore, world's largest commodity supplier and States like...
Study recommends government policy on mining
A study into the mining of bauxite in Ghana has recommended government policy that makes it mandatory for foreign companies that want to mine the resource to establish a refinery plant. This would help maximise the potential in the sector. It said while most foreign companies that had held equity...
Russian billionaire Deripaska strikes partnership with Quebec miner
Russian billionaire Oleg Deripaska is renewing his interest in Canadian business, striking a deal with a junior Quebec miner that could represent a small taste of a larger appetite by the soft-spoken industrialist for assets in the province. Mr. Deripaska’s United Co. Rusal, the world’s largest...
Betting big on Gujarat, Odisha for refinery & smelter: BL Bagra, NALCO CMD
State-run National Aluminium Co (Nalco) plans to expand operations both in the country and overseas. Acting chairman and managing director BL Bagra tells ET that the country's third-largest aluminium maker will also invest in thermal, nuclear and wind power plants as part of its move into the...
Abu Dhabi’s Mubadala to Begin Evaluation of Guinea Bauxite Maker
Abu Dhabi’s Mubadala Development Co. plans to begin evaluating Guinea’s state-owned bauxite producer Cie des Bauxites de Guinee, according to a government official. Guinea is seeking a $300 million investment to expand production, Mines Minister Mohamed Lamine Fofana told reporters today in...
Nalco to invest Rs 2,343 crore in FY'13
State-owned aluminium firm Nalco plans to invest Rs 2,343 crore next fiscal, a 76 per cent rise in capital expenditure over FY'12, to increase capacity, according to 2012-13 Budget documents. A disinvestment candidate for the government's Rs 30,000 crore mop up target, Nalco spent Rs 1,333 crore...
Norsk Hydro : CAP alumina project postponed
Companhia de Alumina do Para's (CAP) Board of Directors has decided to postpone the construction of a new alumina refinery in Barcarena, Brazil. The main reasons for the postponement of the CAP project are the uncertainty related to short- and medium-term aluminium supply/demand balance and the...
Challenging year ahead for bauxite and alumina
"Today and for the next few years there is a risk of oversupply of both aluminium and alumina. We are suffering from market prices that are not sustainable. Therefore the fundamentals must become more important for the pricing of our products in the future," Undeli said. Undeli was a keynote...
Saudi Maaden awards USD1.5b refinery deal to Hyundai
Saudi Maaden's Aluminium Strategic Business Unit's Vice President, Abdullah Busfar, said that the firm awarded a USD1.5 billion construction deal for an alumina refinery to Hyundai Engineering & Construction, reported Arabian Business. Busfar added that the project is part of the second phase of...
