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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Norsk Hydro sells stake in alumina refinery
Norwegian aluminium producer Norsk Hydro would sell its 35% stake in a Jamaican alumina refinery partnership Alpart to Russian peer UC Rusal for NOK 250 million. Hydro said UC Rusal, the world top aluminium producer will own all the shares in Alpart when the transaction is completed in October....
Rusal in Talks With Italian Government to Restart Alumina Plant
United Co. Rusal, the world’s largest aluminum producer, is in talks with the Italian government to restart the EurAllumina refinery in Sardinia. Rusal is “exploring various opportunities” to resume operations, the company said in an e-mailed response to queries from Bloomberg. “No exact date for...
AusGroup to provide services to Alcoa refinery in Australia
AusGroup’s subsidiary AGC Industries has secured a contract from Australia based Alcoa to carry out the management and execution of core multi-disciplinary services (MDS) to its Wagerup refinery located in Western Australia. Under the terms of the five-year contract, AGC will provide range of...
Indian Mining companies big on growth
By mine output, India is one of the leading producers of metals raw materials. However, the actual impact of Indian commerce on global mining is felt far more widely. Recent Indian mining investment has been broad-based, sizeable and reflects a willingness to invest in early stage and...
Jamaica reviewing two bids for Jamalco shares
The Jamaican Government says - in disclosures made by Finance Minister Audley Shaw to lawmakers Thursday - that the sale of its holdings in the Jamalco refinery is imminent, and that negotiations are ongoing with two parties. Jamaica's 45 per cent stake in Jamalco, held by Clarendon Alumina...
Protest Ends at RUSAL Guinea Plant, Ops Normal
Operations at RUSAL's Friguia alumina refinery in Guinea have returned to normal after a protest by former workers blocked rail shipments from the plant, a spokesperson for the company said on Thursday. "The situation has been resolved through negotiations," the spokesperson said.
Vietnam to start alumina production in Nov-Vinacomin
Vietnam's first alumina refinery would start producing in November, after several delays, and sell an expected 50,000 tonnes this year directly to clients without any tenders, the company operating the plant said on Friday. Alumina output at the $460 million Tan Rai plant would rise to 350,000...
Market Analysis – Alumina Limited
Alumina Limited (ADR)(NYSE:AWC) fell -3.33%, to close at $6.96 and its overall traded volume was 89,790.00 shares in the last trading session. AWC opened the day at $6.72, it made an intraday low of $6.72 and an intraday high of $6.98. The 52-week range of the stock is $6.49 – $11.46. The market...
Former workers block RUSAL Guinea rail shipments
Former workers at RUSAL's Friguia alumina refinery in Guinea have blocked the company's rail shipments to port for two days by sitting on the tracks, protesters and a source with knowledge of RUSAL's Guinea operations told Reuters on Wednesday. The retired workers said they are owed money by RUSAL,...
CRH eyes €400m stake
BUILDING MATERIALS group, CRH, may be close to doing a deal with Oleg Deripaska, the Russian billionaire whose interests include a stake in the Aughinish Alumina plant in Co Limerick. Mr Deripaska is one of Russia’s richest men. Forbes recently estimated his worth at around $10 billion. He is chief...
UC Rusal To Up Aughinish Alumina Capacity By 110,000 Tons/Year
As it seeks to be self-sufficient in its raw materials needs, United Co. Rusal PLC (0486.HK) plans to expand the capacity of Europe's largest alumina refinery by 110,000 metric tons, in a project slated for full completion in 2013. The company said Friday that output at Aughinish will reach 2.0...
Alcoa Earns AIRG Medal for its Novel Alumina Refining Technology
Alcoa has declared that its Technology Delivery Group (TDG) at the Kwinana Refinery located in Western Australia has earned the inaugural Australasian Industrial Research Group (AIRG) Medal for its pioneering technology that decreases energy consumption by the company. The AIRG presents the medal...
India’s NALCO to Expand Refinery Capacity
Indian government-owned National Aluminium Company Limited (NALCO) has finally decided to commission its expanded refinery capacity this month, according to a Hindu Business Line article. The company is enhancing production capacity at the refinery in Damanjodi, nearly 400 kilometers from state...
Alumina Refinery - Guinea, China in talks
Guinea is in advanced talks with state-owned China Power Investment to build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said. One source, who asked not to be named, said the project, which is in Boffa, some 120 km (75 miles) west of...
BHP Billiton updates on production
The ongoing ramp up of the Alumar refinery (Brazil) contributed to a seven per cent increase in total alumina production for the 2011 financial year. The USD 3.0 billion Worsley Efficiency and Growth project will confirm Worsley as one of the world’s leading alumina refineries. The investment will...
Glencore Plans To Ramp Up Sherwin Alumina Output To Capacity
London-listed miner and commodities trader Glencore International PLC (GLEN.LN) plans to ramp up production at its Sherwin alumina refinery in the U.S. in the medium-term to its full 1.6 million metric tons a year capacity, the company said Thursday. The company currently expects output of 1.52...
Vietnam Alumina Refinery to Sell Material Through Tender
Vietnam's first alumina refinery will sell its material through tenders rather than directly to China's Yunnan Metallurgical Group under a 30-year sales agreement between the two firms, sources at Yunnan and the Vietnamese firm said on Thursday. The 600,000-tonne capacity Tan Rai alumina refinery,...
Aluminium plant returns to profit
THE largest alumina refinery in Europe, RUSAL Aughinish, last year returned to profit after revenues almost doubled to $496.9 million (€344.9m). Accounts filed to the Companies’ Office by Limerick Refinery Alumina Ltd and subsidiaries, show the company recorded a pre-tax profit of $24.5m in the 12...
