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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The Volta Aluminium Company (VALCO) was established as a collaborative venture between the Government of Ghana and Kaiser and Reynolds of the United States of America. VALCO started operations in 1967, with ownership then vested in Kaiser Aluminium and Chemical Corporation (Kaiser) and Reynolds...
Rio Tinto will build a hydrogen pilot plant in Gladstone and replace natural gas with clean hydrogen at an alumina refinery. Sumitomo Corporation will assist with the project. Hydro's North American extrusion unit received the Aluminium Stewardship Initiative Performance Standard V2 certification...
According to a report on Wednesday, July 12, Rio Tinto, an Anglo-Australian metals and mining group, will build a pilot hydrogen plant in Gladstone and retrofit an alumina refinery to replace natural gas use with clean hydrogen for the alumina refining process. It will be done with the help of...
On July 10, according to a report submitted to the Bucharest Stock Exchange, Alum Tulcea's shareholders approved the sale of Global Aluminium Ltd BVI, the subsidiary through which the company held ownership of the bauxite mines in Sierra Leone. However, Alum Tulcea is 99.4% owned by Romanian...
Rusal, the world's second-largest aluminium company by primary aluminium production, announced that on Thursday, June 15, it started the construction of a modern alumina facility in the Leningrad region. Rusal contemplates investing around 400 billion rubles in this project to construct four...
Guinea Alumina Corporation (GAC) and the Aluminium Corporation of China (Chalco) have signed a collaboration agreement to build an alumina refinery in the Republic of Guinea. This collaboration, which got underway in March with the signature of a memorandum of understanding, makes use of the...
China's rising reliance on bauxite, the primary raw material for alumina production, has prompted the world's largest miner to seek alumina refineries worldwide, particularly emphasising crucial supplier Indonesia following an export embargo. According to analysts and AL Circle's industry-focused...
Dr Nigel Clarke, the Minister of Finance and Public Service, insists that it would not have been economically viable for the Jamaican government to take over the responsibility of 100 per cent operations of Jamalco, the bauxite mining and alumina refining company, after the previous majority...
According to a recent report, new owners of Jamalaco refinery in Clarendon have initiated incorporating the alumina company before seeking financial funding from capital markets. According to Austin Mooney, Managing Director of Jamalco, incorporation would allow the joint venture firm to acquire...
China’s metallurgical-grade alumina production in April 2023 (30 calendar days) stood at 6.54 million tonnes compared to 6.64 million tonnes in March (31 calendar days), showed the Shanghai Metals Market survey. Hence, on a month-on-month calculation, China’s alumina output reflected a 1.5 per cent...
According to our source, China's Shandong Nanshan wants to expand its new Indonesian alumina refinery site to a USD$6 billion aluminium smelting complex by 2028, making it one of the most significant foreign investments in the country. Shandong Nanshan is incorporated among many private Chinese...
Norsk Hydro said on Thursday that it would sell a 30 per cent share in Brazilian alumina refinery Alunorte and a 5 per cent investment in bauxite producer Mineracao Rio do Norte to Swiss miner and trader Glencore. However, in a recent update, Glencore plans to pay about $700 million for the equity...
According to an S&P Global Commodity Insights report on Wednesday, April 26, Alcoa has withdrawn the force majeure for its Western Australian alumina business. The news came after Alcoa spokesperson confirmed the matter. But before that, there was hearsay in the market regarding the force majeure...
In line with the report published last day that Century Aluminium agreed to buy a 55 per cent stake in Jamalco, the US-based primary aluminium producer signed a purchase contract with Noble Group Holdings Limited for US$1. The deal is expected to close by the end of April 2023, but the full...
Hydro has struck a deal with Glencore under which Glencore would purchase 30 per cent of the Brazilian alumina refinery Hydro Alunorte and 5 per cent of the Brazilian bauxite production Mineraco Rio do Norte (MRN). Glencore will buy an extra 40 per cent of MRN, now controlled by Vale. Hydro will...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said,...
Riad is the founder and CEO of Progesys, responsible for providing leadership and managing the growth of the company. He has over 23 years of experience in project management and executive leadership throughout North America and abroad. He started his career in the aluminium industry in Canada and...
Emirates Global Aluminium, the largest aluminium producer in the United Arab Emirates outside oil and gas, has reportedly collaborated with HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) to conduct advanced research on decarbonising alumina refining. HILT CRC is an...
