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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Outotec to conduct feasibility study for the first alumina refinery to be built in Indonesia
Outotec to conduct feasibility study for the first alumina refinery to be built in Indonesia Outotec has agreed with PT ANTAM (Persero) Tbk (ASX: ATM; IDX: ANTM; Antam), Indonesia's leading diversified mining and metals company, to carry out a feasibility study for the very first smelter-grade...
Saudi Maaden Awards $1.5 Billion Contract To Hyundai E&C To Build Refinery
Saudi Arabian Mining Co. (1211.SA), or Maaden, said Monday it has awarded South Korea'sHyundai Engineering & Construction Co Ltd. (000720.SE) a contract worth $1.5 billion to build the alumina refinery for its joint venture project with U.S.-based Alcoa Inc. (AA) in the kingdom. The joint venture,...
Maaden Signs LoI to Award $1.5 Billion Contract to Hyundai
Saudi Arabian Mining Co., the state- controlled company known as Maaden, said its venture with Alcoa Inc. (AA) signed a letter of intent with Hyundai Engineering & Construction Co. (000720) on a $1.5 billion contract to build an alumina refinery in Saudi Arabia. The contract will include completing...
Vedanta Aluminium seeks waiver of public hearing for Lanjigarh project
Vedanta Aluminium Ltd has sought a level playing field by seeking a waiver on public hearings on grounds that they were conducted twice - in 2003 and 2009 - to build the refinery and smelter. The union ministry for environment and forest had early last month asked the Anil Agarwal-owned company to...
NALCO to finalise Gujarat refinery in a month
State-run National Aluminium Co Ltd (NALCO) is likely to finalise within a month a deal to set up an alumina refinery in Gujarat, chairman B.L. Bagra said. Gujarat had last year invited bids for a refinery and smelter in the state and committed to supply bauxite, a key raw material, at a...
Vedanta told to get public nod in Orissa for expansion
Vedanta Aluminium Ltd has been asked by the government to seek public consent afresh in Kalahandi district of Orissa as a precursor to getting environmental clearance for expanding its alumina refinery and power plant, a move the company wants to avoid as it seeks to get a plan that’s been stalled...
No sight of ore but Anrak ready to mine
Though there are no signs of supply of bauxite ore from Visakha Agency in near future, Anrak Alumina Limited (AAL) is planning to commission its newly-built plant at Rachapalle in Makavarapalem mandal near Narsipatnam. The plant would be commissioned in May as the company was importing bauxite ore...
CHIC to build alumina refinery
China Henan International Cooperation Group Co Ltd will spend $3 billion to build an alumina refinery in Sangaredi, Guinea, within four years, said Ousmane Kaba, an adviser to the African nation, on Tuesday. Annual production capacity at the site, 350 kilometers northwest of the Guinean capital,...
Minister says no bauxite mining without tribal people’s consent
Tribal Welfare Minister P.Balaraju has said that the Government would take into consideration the feelings of the tribal people living in the agency area of Visakhapatnam district, before allowing mining of bauxite reserves. At a press conference here on Sunday, Mr. Balaraju denied reports that the...
UC Rusal update on alumina production in 2011
UC RUSAL's total attributable alumina output amounted to 8.154 million tonnes in 2011 as compared to 7.840 million tonnes in 2010 an increase of 4%. Alumina output in the Q4 of 2011 increased by 2% to 2.082 million tonnes as compared to 2.049 million tonnes in the Q3 of 2011 and was flat compared...
Carbon tax to push alumina refining to China, says Rusal
THE Australian chairman of aluminium giant Rusal has bluntly urged Julia Gillard to suspend the introduction of the carbon tax in the absence of comparable international schemes, warning that it will push alumina refining to China and drive up global emissions. John Hannagan told The Australian...
Alcoa defers $3bn refinery plan over carbon tax fears
MINING giant Alcoa has shelved a $3 billion expansion of its Wagerup alumina refinery in Western Australia for up to five years, in the latest sign of the group's struggle against the strong Australian dollar and the Gillard government's carbon tax. The state's Environmental Protection Authority...
Future Of Alumina Sector Hinges On Energy Cost
The continued operation of all four alumina plants in Jamaica, including even the most efficient, CAW, depends on the industry having a long-term source of competitive energy, as well as resolving certain bauxite-reserve issues. Two actions are necessary to achieve these objectives: Substituting...
We are not against all industries: Maoist leader
Dispelling the general perception that the CPI(Maoist), the left wing extremist outfit, is opposed to all industrial projects, Odisha-based top red leader Sabyasachi Panda said going all out against industries would shatter the livelihood of labourers. The secretary of the Odisha organising...
Alcoa Gains 5-Year Extension To Start Wagerup Alumina Expansion
The Australian unit of Alcoa Inc. (AA) on Monday received approval from regulators in Western Australia state for a five year deferral of the proposed multibillion dollar expansion of the Wagerup alumina refinery. The state's Environmental Protection Authority recommended that the time limit for...
Alro Group invested USD 77 mln in energy efficiency since 2005
Aluminium producer Alro has invested over USD 77 million for energy efficiency, over the past six years. Investments targeted both the primary and processed aluminum production processes, as well as the alumna refinery. Alro, which is the largest electricity consumer in Romania, has invested USD 8...
Alcoa WA operations not at risk: Analyst
A resource analyst says it is unlikely there will be any flow-on effect on Western Australian alumina refineries from Alcoa's struggling Point Henry smelter in Geelong. About 600 Victorian manufacturing jobs are in jeopardy as Alcoa considers shutting the unprofitable smelter. Peter Chilton of...
Nalco share price alert
PINC Research is bearish on National Aluminium Company (NALCO) and has recommended sell rating on the stock with a target of Rs 42 in its February 6, 2012 research report. "NALCO, despite 10% YoY decline in LME aluminium prices to USD2,095/t and 5% YoY fall in aluminium sales volumes, NALCO's...
