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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ElementUS Minerals, LLC, a Dada Holding company, has announced that it has signed an exclusive agreement with the partners of LAlumina to process bauxite residue located at LAlumina’s refinery in Burnside, Louisiana. ElementUS is technologically advanced in extracting and refining strategic...
The Indonesian state-owned corporation PT Perusahaan Listrik Negara (PLN), which has a monopoly on electric power distribution in the country, has agreed to supply the energy needs of mining company PT Bintan Alumina Indonesia (BAI) until 2050. A Memorandum of Understanding (MoU) was inked in the...
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) stood at 693,000 tonnes in July 2022, which was unchanged from the previous month. However, the output in June saw a monthly downfall of 29,000 tonnes or 4.02 per cent from 722,000 tonnes. On a...
On 2nd September 2022, Vedanta Limited-Lanjigarh stated that the country's foremost metallurgical grade alumina producer bagged multiple awards for its environmental, healthcare, and education initiatives. The alumina refinery bagged the first prize for ‘Environmental Protection’ at the 22nd...
The global aluminium industry has witnessed some exciting events throughout August 2022. The H1 2022 reports are gradually getting published, and most companies have reported profits showcasing better margins, despite the news of significant production cuts from Europe due to the energy crisis. The...
In Ireland, businesses in County Kerry's northern part will have to bear a 50 million euro increase in electricity rates. This winter, 22 large energy firms are expected to absorb the 50 million euro cost of increased electricity prices, including Rusal's Aughinish Alumina refinery in North Kerry....
As Adani Group charts an entry into the alumina refining sector and existing players seek to expand capacity, the following auction for bauxite blocks in Odisha may see strong interest. Hemant Sharma, the Principal Secretary of the Odisha Industries Department, said three bauxite blocks had been...
NALCO-operated Panchpatmali Bauxite Mine has secured the prestigious Greentech Quality and Innovation Awards 2022 for its outstanding achievements in the 'Quality Improvement in Processes' category. Greentech Foundation presented the award during its occasion at Taj Vivanta, Guwahati. Greentech...
Domestic alumina production recovery in Jamaica is expected to counterpoise the slowdown in economic growth for the financial year 2022-23, caused by the country’s one of the main alumina refineries suspension. The Bank of Jamaica is projecting GDP growth of 2.5-4.5 per cent for the fiscal year...
The Bank of Jamaica, the country's central bank located in Kingston, is projecting 2022/23 fiscal year growth to be between 2.5 per cent and 4.5 per cent. While speaking at BOJ's digital quarterly briefing, Richard Byles, the Governor, said," Growth is also expected to range between one and three...
GNAL, a joint venture company between Gujarat Alkalies and Chemicals Ltd (GACL) and National Aluminium Company Limited (NALCO), was formed to build an 800 TPD (tonnes per day) caustic soda facility at Dahej, Gujrat, along with a 130 MW captive power plant. It was announced that GNAL shipped 1,300...
Last week, Indian billionaire industrialist Gautam Adani-led Adani Group announced an investment proposal of around $5 billion to build an alumina refinery in the country. However, the Ahmedabad-based multinational conglomerate plans to construct more than just a giant alumina plant. Our report...
The Indian multinational conglomerate, Adani Group, which already operates ports, airstrips, mining development and gas distribution businesses in Odisha, has received approval from the state government for building an alumina refinery. As a result of the high-level clearance authority (HLCA) led...
In July 2022 (31 calendar days), China produced 6.94 million tonnes of metallurgical-grade alumina, which increased by 2.97 per cent month-on-month and 14.11 per cent over a year. But the daily average output in the same month stood slightly down by 0.36 per cent or 800 tonnes from 224,700 tonnes...
The Western Australian Environmental Protection Authority (EPA) has allotted two weeks for the stakeholders and community groups to take a decisive step in ensuring South32’s proposed expansion at its Worsley alumina unit. South32 has extensive plans, including the creation of a bauxite transport...
Anglo-Australian mining group Rio Tinto stands as a recipient of various offers that are being made to construct wind and solar farms producing 4 gigawatts of energy to run its alumina and aluminium activities in Australia's Queensland region, as was declared by the company's Australia division...
As per the latest reports, on July 29, line 2 at Hydro's partially-owned aluminium facility in Brazil, Albras, was resumed fully. The production line was closed on February 19, 2022, due to an internal power distribution failure. A full closure of line 2 caused by the power outage resulted in a 25...
According to the China Customs data, the country’s bauxite imports in June 2022 stood at 9.42 million tonnes, down by 21.4 per cent month-on-month and 7.1 per cent year-on-year. Compared with May 2022, China’s bauxite imports in June fell by 2.56 million tonnes and failed to continue the monthly...
