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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Update-Rio Tinto targets longer alumina position with asset sales
If and when Rio Tinto manages to sell all of the 13 assets it put up for sale on October 17, it will have divested itself of around 2 million tpy of primary aluminium production capacity,and given itself a substantially longer position in alumina than in aluminium. “Being long in bauxite and...
$1.2bn refinery secured until 2030
THE future of the $1.2 billion (€873m) alumina refinery at Aughinish Alumina has been secured until 2030 at least, with the company commissioning a 195-acre development that has the capacity to hold over 17 million tonnes of bauxite residue or "red mud". The owners of Europe’s largest alumina...
Sierra Leone: BauxiteIndustry Overview
The Mineral commodities produced included bauxite, cement, gold, and ilmenite. In 2010, bauxite production increased by 44% to 1.0 million metric tons (Mt) from 757,000 metric tons (t) in 2009. Netherlands-based Vimetco N.V. operated the country’s only bauxite mine. In December, the company decided...
Central panels visit fuels tribals fears
The recent visit to the proposed bauxite mining areas of Araku Valley and Anantagiri mandals in the district by two members of a fourmember committee appointed by the Union ministry of environment and forests to study the impact of the project has made tribal people worried that the government is...
Alcoa and Saudi co. get funding for joint venture
Alcoa Inc. and the Saudi Arabian mining company Ma'aden said Sunday that their $10.8 billion aluminum joint venture signed financing agreements worth nearly a billion dollars. Ma'aden Bauxite and Alumina Co.'s agreements with 13 local and international banks include a combination of conventional...
Update-Jamalco alumina refinery stake sold
The Cabinet, we have been told, has signed off on the sale of the Government's 45 per cent stake in the Jamalco alumina refinery, which will remove one of the sticking points in Jamaica's negotiations with the International Monetary Fund (IMF) for the rehabilitation of its stalled standby agreement...
Expect royalty payout to double due to new mining bill: BL Bagra, NALCO Ltd
Mr.Bagra,Nalco CMD says in an interview that as far as NALCO is concerned,their annual payment of royalty on the bauxite, which they are mining presently is in the range of Rs 60 crores. However, that was based on the pre-expanded capacity. Now that their second phase of expansion of alumina...
S. Arabian bauxite to boost Gulf aluminium production
Aluminium production in the GCC will soon get a shot in the arm, thanks to the availability of bauxite from Saudi Arabia. At present, GCC producers source the ore from countries such as Australia, a senior official at Sohar Aluminium told Oman Tribune. “The GCC states currently produce 3.5 million...
Update-Protest ends at RUSAL rail line in Guinea
A railway line used to ship alumina from RUSAL's giant Friguia refinery in Guinea has reopened after the end of a three-day protest by former workers over back pay, a RUSAL source told Reuters on Thursday. "They have been given assurances that the money transfer was already initiated by RUSAL into...
QAL trials biodiesel
QAL alumina refinery has for some time been has been trialling biodiesel as a supplementary fuel source for start up and operation of its coal-fired boilers. Biodiesel is stored in tanks on site and pumped into the boilers where it is distributed into injectors where the biodiesel is ignited to...
Ormet Alumina Facility Reaches 250 New Jobs
Ormet Corp. CEO Michael Tanchuk announced the company's milestone of reaching full employment of 250 jobs just four months after announcing plans to reopen a dormant alumina refinery on the Mississippi River in Ascension Parish. At roughly 330,000 square feet, the Ormet facility had remained silent...
UPDATE - Ex-workers Block RUSAL Alumina Exports in Guinea
Former workers at RUSAL's alumina refinery in Guinea have blocked a railway line from the plant in a protest over back payments, a company source and a spokesman for the former workers told Reuters on Monday. It was the second time this month that the former workers blocked the railway line from...
Hindalco Industries
Post expansion alumina refining capacity will be around 6 million-tonne. Hindalco Industries (Hindalco) held its 52 Annual General Meeting in Mumbai on 23 September 2011. Kumar Mangalam Birla, Chairman, addressed the meet. The construction of the 1.5 million Utkal alumina refinery, along with a 90...
Jamaica to Sell Alumina Refinery Stake for Up to $400 Million
Jamaica’s government expects to sell its stake in the Clarendon alumina refinery, controlled by Alcoa Inc. (AA), for as much as $400 million by the end of the year, Finance Minister Audley Shaw said. The sale of the 45 percent holding is part of a program to cut costs and reduce the fiscal deficit,...
Carbon tax puts alumina plant at risk, warns Rusal
THE world's largest aluminium producer has warned that soaring coal, gas and electricity prices are seriously undermining the competitiveness of operations in Queensland's booming Gladstone region and that the carbon tax will aggravate the situation. Russian aluminium giant Rusal, which has a 20...
Infra hurdles & growth needs
It is not a day too soon that Prime Minister Manmohan Singh felt the need to involve himself in sorting ministerial differences on implementation of major infrastructure and industry-related projects. With such projects not getting commissioned on schedule, the 12th Plan (2012-17) growth target of...
Guinea asks China to build 340 MW power plant
Guinea has asked state-owned China Power Investment (CPI) to build a 340 MW coal-fired power plant in the electricity-starved west African state, its mines minister said. The project is part of ongoing negotiations between Guinea and CPI over the potential development of a bauxite mine in Boffa and...
Nakkapalli port project hits a roadblock
The minor port proposed at Rajaiahpeta in Nakkapalli mandal, about 90 km from here, for use as a captive port by Anrak Aluminium Limited (AAL) has hit a roadblock. After serving the land acquisition notices and the subsequent resistance by local fishermen and farmers, authorities seem to have...
