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...
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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During January-February 2025, the world's metallurgical-grade alumina production recorded an impressive increase of 4.41 per cent, reaching 23.015 million tonnes versus 22.043 million tonnes a year ago. In both January and February, the output increased Y-o-Y by 6.77 per cent and 1.89 per cent,...
The long-awaited joint venture between Alcoa Corporation and IGNIS Equity Holdings, SL (IGNIS EQT) has officially been established to ensure the continued operation of Alcoa’s San Ciprián complex. Initially announced in October of the previous year, the joint venture has come to fruition as of...
Futures market: During the night session, the most-traded alumina 2505 contract opened at RMB 2,937 per tonne, with a high of RMB 2,957 per tonne, a low of RMB 2,921 per tonne, and closed at RMB 2,950 per tonne, up RMB 14 per tonne, or 0.47 per cent, with an open interest of 201,000 lots. Ore side:...
State-owned aluminium producer PT Indonesia Asahan Aluminium (Inalum) plans to finalise the feasibility study and make a final investment decision (FID) for the second phase of its smelter-grade alumina refinery (SGAR) in Mempawah, West Kalimantan, within this year. These documents will serve as...
According to data from SMM, China's production of metallurgical-grade alumina increased by 8.86 per cent in March 2025 (31 days) compared to the previous month, and by 11.32 per cent compared to March 2024. By the end of March, the country's total metallurgical-grade alumina capacity stood at...
High-Level Clearance Authority (HLCA) of Odisha, on March 28, 2025, sanctioned the investment proposal of a total INR 1,65,303 crore (USD 19.35 billion) under Chief Minister Mohan Majhi's chairmanship in a bid to boost the state's overall industrial landscape. The investment shall stretch across...
Domestic Bauxite: This week, the domestic bauxite market remained stable. According to SMM, as spot alumina prices further declined, alumina refineries may once again lower the purchase price of domestic bauxite for next month. As of today, the VAT-excluded self-pick-up transaction price for...
In an initiative to curtail its carbon footprint, Vedanta Aluminium — a subsidiary of Vedanta Limited, has constructed a 13.4 km long new railway line, which will ensure wholesome raw materials and derivatives transportation by rail. India’s leading aluminium production company, Vedanta Aluminium,...
General Mamadi Doumbouya, leader of the Guinean junta, is set to lay the foundation stone for the construction of a major alumina refinery in collaboration with Chinese firm SPIC International Investment and Development (Guinea) Co., Ltd., as per local sources reported from ground zero. The...
Jamalco, Jamaica’s premier bauxite mining and alumina refining enterprise, has unveiled a whopping investment of USD 70.5 million (JMD 11 billion) aimed at prolonging the operational life of its mining activities by tapping into additional bauxite reserves in Manchester. Image for representational...
On March 14, 2025, the Russian aluminium giant stated that it had agreed to acquire a 26 per cent stake in an Indian alumina refinery owner for $243.75 million, with the option to gradually increase its holding to 50 per cent, as reported by Reuters. Image credit: Gulf Times This strategic move...
Pilot Energy, a leader in the clean energy transition, has partnered with South32 Worsley Alumina to conduct a feasibility study on carbon capture and storage (CCS) for its operations. Launched in the quarter of January-March 2025, the study aims to evaluate the supply chain for capturing and...
MYTILINEOS Energy & Metals, now known as METLEN Energy & Metals, has entered into two long-term strategic agreements with global mining and metal giant Rio Tinto to strengthen its bauxite and alumina supply chain. Under the first agreement, Rio Tinto will supply METLEN with approximately 14.9...
This week, the domestic bauxite market mainly remained stable. As of Thursday, the transaction price for bauxite with an Al/Si ratio of 5.0 and alumina content of 60 per cent in Shanxi, excluding VAT, for self-pick-up at crushing plants, was approximately RMB 640-670 per tonne. In Henan, the...
In a major development, Larsen & Toubro (L&T), India’s largest listed infrastructure firm, has announced that its Minerals & Metals (M&M) business vertical has secured a significant order from Hindalco. The contract involves the engineering, procurement, construction, and installation (EPCI) of an...
Futures market: During the night session, the most-traded alumina 2505 contract opened at RMb 3,429 per tonne, reached a high of RMB 3,429 per tonne, a low of RMB 3,383 per tonne, and closed at RMB 3,401 per tonne, down 0.82 per cent. Open interest stood at 167,000 lots, an increase of 4,173 lots....
At the beginning of 2025, primary aluminium and its essential raw materials witnessed some significant developments in key areas like production, value, projects, and trade policies. Additionally, advancements in technology, sustainability initiatives, and geopolitical factors occurred and reshaped...
This week has been highly eventful for the upstream aluminium industry, especially the bauxite sector, which has dominated the headlines. Key highlights include Metro Mining's record-breaking bauxite production, Ukraine's seizure of $50 million worth of raw materials from Russian tycoon Oleg...
