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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Alcoa Corporation has scheduled a series of meetings with primary stakeholders to address concerns regarding the San Ciprián complex, which comprises an alumina refinery and an aluminium smelter. This week, representatives of their Spanish operating subsidiaries will be meeting with representatives...
National Aluminum Company Ltd. (Nalco)'s Alumina Refinery at Damanjodi has been honoured with the CII-EXIM Bank Business Excellence Award 2023, the most prestigious recognition for outstanding business practices. The announcement was made at the CII Quality Summit 2023 in Bengaluru. The refinery's...
According to the latest update, Norsk Hydro has completed the transaction of US$1.11 billion with Glencore for the sale of 30 per cent interest in Alunorte alumina refinery and 5 per cent interest in Brazilian bauxite producer and exporter Mineracão Rio do Norte (MRN). The transaction also includes...
National Trust (NT), the largest supplier and importer of raw and value-added minerals in the United Arab Emirates, has signed a memorandum of understanding (MoU) with a Pakistani firm to establish a strategic partnership. The partnership aims to invest 30 million UAE Dirhams in the mining,...
Emirates Global Aluminium (EGA) has initiated the construction of a first-of-its-kind pilot plant to convert bauxite residue, a waste stream generated during alumina refining, into a specially engineered soil known as 'Turba.' EGA's Turba, created from bauxite residue, offers a promising...
According to an update on Monday, November 20, Hydro and Glencore’s partnership over Alunorte and Mineracão Rio do Norte (MRN) acquisition has received unconditional approval from relevant competition authorities, including Brazil, China, Germany, and Austria. There remain no regulatory conditions...
Aughinish Alumina, a bauxite processing firm at Limerick in Ireland owned by the Russian aluminium giant Rusal, reported a loss of 167 million U.S. Dollars in the last year, as per the newly filed accounts. This is a decrease from the 378 million U.S. Dollars loss in 2021. The Irish operation on...
According to the Shanghai Metals Market, China’s metallurgical-grade alumina production stood at 6.842 million tonnes, down by 1.6 per cent month-on-month but up by 2.5 per cent year-on-year. Daily average output in the said month was 220,700 tonnes, down by 3,700 tonnes from the previous month....
Hindalco Industries records a dip from the previous year but maintains a robust performance, positioning for growth, and announces an Rs 8,000 crore investment in a greenfield alumina refinery in Odisha. Hindalco Industries announced its second-quarter financial results for the fiscal year 2023-24,...
Century Aluminum Company, the owner of Jamalco, said on Wednesday, November 8, that the malfunction of the power generation unit at the Clarendon-based refinery caused a loss of about US$22 million. Explaining the incident, president & CEO of Century Aluminum Jesse Gary said a power disruption...
Vedanta, India's largest aluminium producer, has achieved a significant breakthrough in bauxite refining, a pivotal step in aluminium production. In a collaborative effort with the Indian Institute of Technology Kharagpur (IIT KGP), the company has developed an innovative method to substantially...
Anil Agarwal, the chairman of the Vedanta Group, seeks Indian investors’ attention for collaboration and investment in the continued development and expansion of Kalahandi alumina refinery in Odisha. Vedanta’s Kalahandi alumina refinery expansion would mark a turning point in the industrial...
On October 24, 2023, the Russian aluminium giant and one of the world's leading low-carbon aluminium producers, Rusal, disclosed the news to acquire a 30 per cent equity stake in Hebei Wenfeng New Materials (HWNM), a Chinese alumina producer, for $261.6 million (RMB 1.91 billion). However, as...
On Friday, October 20, Aluminium Stewardship Initiative announced the joining of South32 Worsley Alumina as new Production and Transformation member. Worsley Alumina is an integrated bauxite mining and alumina refining operation in the South West of Western Australia. The company began its...
South32, a diversified mining and metals company, successfully converted the first coal-fired boilers to natural gas at its Worsley Alumina operation in Western Australia. This conversion is a significant step toward reducing the greenhouse gas (GHG) emissions generated by the operation. The...
Aluminium oxide, popularly known as alumina, is a direct resource of primary aluminium production. With the passage of time, as aluminium demand is rising, a timely need for alumina is being increasingly felt. The potentiality of the alumina market is mammoth, with an estimated growth rate of CAGR...
The US aluminium powerhouse is evaluating several alternatives, one of which is the potential closure of the Kwinana alumina refinery. This decision comes amid the company’s efforts to get approval for the clearance of more Jarrah forest for bauxite mining. Concerns have been raised over the...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in September 2023 (30 days) recorded a decline of 4.06 per cent month-on-month to 6.732 million tonnes. Daily output also registered a fall from the previous month to stand at 224,400 tonnes, unlike the...
