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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NALCO battling crisis on Bauxite,refinery fronts
Citing impediments on the way of the firm's progress,Mines Minister Dinsha Patel said Utkal E block with 67.4 million tonnes reserves alloted by the Coal Ministry in 2004 could not be developed so far for want of land acquisition by state government. Also, investment to tune of Rs 6,500 crore for...
Maaden signs SR3.75bn financing deal as aluminum project gathers pace
The Saudi Arabian Mining Company (Maaden) announced Sunday that its subsidiary, Maaden Bauxite and Alumina Company, has signed a $1 billion (SR3.75 billion) financing agreement with the Public Investment Fund (PIF) for the second phase of its aluminum project. The second phase, which includes a...
Rio Tinto Alcan's Vaudreuil alumina refinery is awarded the highest distinction from Recyc-Québec
Rio Tinto Alcan's Vaudreuil alumina refinery in Saguenay has received Ici on recycle! Level 3 certification from Recyc-Québec. The Level 3 performance certificate is the highest distinction awarded by this public corporation within the framework of this programme, in recognition of the efforts made...
Odisha: Anti-Utkal Alumina stir gains momentum; Displaced persons threaten to halt work
Tension is brewing in Doraguda area under Kashipur block yet again where the construction of Utkal Alumina Refinery is going on. Kucheipadar, a tribal village with a population of 1,500, has been the cradle of the anti-alumina agitation in Kashipur, which has been going on for more than a decade....
Azerbaijan's Detal alumina refinery expected to start production
Detal was in the process of returning online a 450,000 mt/year alumina refinery that has been idle since 2009 due to the global financial crisis,official said. The refinery is expected to start commercial production in December. The official also said that Detal still intended to restart its...
Jamaica to offload stake in Windalco
Government plans to sell its seven per cent stake in West Indies Alumina Company (Windalco), which includes operations at Ewarton and Kirkvine, according to Philip Baker, a top economist at the Jamaica Bauxite Institute (JBI). Valuators are currently tabulating the net worth of the assets. The...
Alcoa Refinery Expansion Approval Expires, Seeks Extension
Alcoa Inc. (AA), the largest U.S. aluminum producer, applied for a five-year extension for environmental approval to expand its Wagerup refinery in Western Australia as the previous consent period expired. “We applied for a five-year extension of the ministerial approval for the Wagerup unit three...
Vedanta mining and refinery clearance
MoEF(India's Ministry of External Affairs) has rejected the forest clearance for Niyamgiri Mining lease of Orissa Mining Corporation (OMC) which is one of the sources of supply of Bauxite to the alumina refinery of Vedanta Aluminium (VAL), an associate of the Company. OMC has filed a petition in...
Arabal: RTA to focus on Tier 1 businesses
Rio Tinto Alcan will concentrate on its Tier 1 assets to make them resilient to the global economic uncertainty, its chief executive Jacynthe Cote said. In the keynote presentation, Ms Cote told delegates at the 15th Arabal conference, held in Muscat, Oman, the company was streamlining six of its...
CC and Bakers advice on financing for flagship $10.8bn Saudi project
Clifford Chance (CC) and Baker & McKenzie have advised on the second phase of financing for a $10.8bn (£6.8bn) aluminium development in Saudi Arabia. CC advised a consortium led by 15 banks, including the Arab National Bank and The Saudi Investment Bank, providing $2.15bn (£1.3bn) of financing for...
Saudi Miner Ma’aden secures ECA investment
Saudi Mining company Ma’aden secures investment for its projects which includes an alumina refinery.Investment includes funds from Canadian export credit agency EDC. EDC is participating in a $2.15 billion loan to the Saudi Arabian Mining Company (Ma’aden) and Alcoa for its projects.
Baker and McKenzie advises Saudi Arabian Mining Company and Alcoa on alumina refinery in Kingdom of Saudi Arabia
Baker and McKenzie has advised Saudi Arabian Mining Company (Ma'aden) and Alcoa on their alumina refinery located at Ras Al Khair in the Kingdom of Saudi Arabia. The mine and refinery project is phase 2 of the integrated Ma'aden aluminium complex project. The finance documents for phase 1 of the...
Ormet's Tanchuk says Burnside alumina refinery to resume output 'within weeks'
Ormet Corp.'s long-idled alumina refinery in Burnside, Louisiana, will resume production "within the next few weeks," Michael Tanchuk, the Ohio-based aluminum producer's CEO, said Wednesday. The company had said the refinery was expected to start producing alumina before the end of October. While...
Ma'aden-Alcoa JV gets projects go-ahead
Financing for the second phase of development of Saudi Arabia’s first integrated aluminium complex and related infrastructure, sponsored by Saudi Arabian Mining Company (Ma'aden) and Alcoa Inc, has been approved. Both the mine and refinery are being developed by Ma'aden Bauxite and Alumina Company...
Vinacomin signs deal with S Korean firm
The Viet Nam National Coal and Mineral Industries Group (Vinacomin) and Dongyang Gangchul, South Korea's leading aluminium producer, agreed to study proposals for three aluminium projects in Viet Nam, following a co-operation agreement inked yesterday between the two companies. These projects would...
Bauxite Resources Limited Bauxite Alumina Joint Ventures Update
Perth based bauxite explorer and developer, Bauxite Resources Limited (ASX:BAU) is pleased to advise the completion of Phase 1 of the Bauxite Alumina Joint Ventures ("BAJV") Study for the development of an alumina refinery in the south west of Western Australia. Phase 1 of the BAJV Study consisted...
Govt keeps Alcoa waiting on Wagerup
Alcoa is yet to hear from the WA Government whether it has been granted a five-year approvals relief for the much-hyped $2.2 billion expansion of its Wagerup alumina refinery south of Perth. The original five-year environmental approval expired last month and even though Alcoa began applying for an...
Ord River Resources quadruples JORC Resource at Laos bauxite project
Ord River Resources has delivered a 300% increase in the JORC Resource at its bauxite/alumina project in Laos to 77 million tonnes at a 10% cut off, providing a significant boost to the emerging large-scale alumina developer. SRK Consulting completed the JORC Resource calculation for the SARCO LSI...
