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 week had been a quite eventful one, owing to the ongoing Russia-Ukraine conflict. As a knock-on effect from the war, a lot of changes had been taking place in the alumina industry. To begin with, Irish government has been petitioned to prohibit all Russia ships from entering the Irish...
The Russian billionaire industrialist and oligarch Oleg Deripaska, the founder of Russian aluminium giant Rusal and his company, which owns the largest alumina refinery of Europe, Auginish Alumina in Limerick has been sanctioned by the UK government. The sanctions undertake an asset freeze, a...
As part of the commitment to become carbon neutral by 2050, Hydro has reportedly brought in a change in the use of energy by inaugurating the operation of a new electric boiler, equipped with more modern technology and greater capacity, at its Alunorte alumina refinery. The boiler will be able to...
The world's second-largest metals and mining company, Rio Tinto, has initiated a crucial review of its partnership agreement with Rusal, the Russian aluminium giant for Queensland venture as it looks to cut off all business cords with Russia due to its invasion in Ukraine. On 10 th March 2022, Rio...
The Ireland government has been petitioned to disallow all Russian ships to enter Irish territorial waters following a Russian cargo ship rejected its strive to collect a bulk load of alumina produced at the Rusal owned Aughinish Alumina refinery near Askeaton on 2 nd February 2022. According to...
The increased number of sanctions due to the Russia-Ukraine conflict has sent shockwaves across the metal industry, including the alumina industry. As a result of which, Russian aluminium producer Rusal ceased alumina export from its Nikoleav refinery in Ukraine, resulting in increased supply...
In January 2022, alumina production in Africa & Asia (ex-China) stood at 1.149 million tonnes, reflecting a month-on-month downfall of 1.46 per cent, found the International Aluminium Institute. In December 2021, the output was at 1.166 million tonnes in Africa & Asia (ex-China), up by 4.68 per...
Simon Coveney, Minister for Foreign Affairs in Ireland, has reportedly said that he is willing to work with management of the Aughinish Alumina refinery in Askeaton to mitigate the impact of sanctions on Russia for its invasion of Ukraine. Mr Coveney has asked the European Commission to consider a...
On 25 th February 2022, the Mumbai, India headquartered Hindalco Industries publicized that it has entered into a share purchase agreement with Terrabel Empreedimentos Ltda, to divest the entire equity shareholding of Hindalco Do Brazil Industria Comercia de Alumina LTDA (HDB). Terrabel...
The global manufacturing industry encountered the deadly Covid pandemic with plenty of dents, the aluminium sector was also one of those challenges. However, India’s mining and metal giant, Vedanta's aluminium business, counter the pandemic well and was not heavily impacted. Now, it tends to focus...
The sudden hike in the number of events in alumina segment is primarily due to the anticipation of the crisis between Russia and Ukraine. The conflict has stirred the raw material industry greatly, causing record breaking inflation in prices of raw materials. Apart from this, looking at the current...
The anticipation of sanctions is on the fear radar of one of Australia’s largest alumina refineries, Queensland Alumina Limited (QAL). The alumina refinery is majorly owned by Rio Tinto, who has alerted of an emerging turmoil to its aluminium business, while the Russian aluminium giant Rusal is the...
Following the succession of diplomatic entries to the Kremlin over the past few weeks, in regards to the standoff between Russia and Ukraine steering a manifestly dangerous whirl with the progress by Vladimir Putin, the Russian President to count that the Ukrainian regions of Donetsk and Luhansk...
The Minister for Transport and Mining of Jamaica, Audley Shaw stated his gratification that despite the negative impacts of the previous year’s fire at Jamalco, the refinery has been able to safeguard the jobs of around 1,000 employees. Audley Shaw while speaking to a local media said, “I am glad...
According to the Shanghai Metals Market, alumina production in China during January 2022 came in at 6.5 million tonnes, of which metallurgical-grade alumina stood at 6.28 million tonnes. That was a month-on-month decline of 1.26 per cent from 6.36 million tonnes of metallurgical-grade alumina. SMM...
On 10 th February 2022, Emirates Global Aluminium (EGA) made public that it will commence construction of a pilot plant where bauxite residue, a waste material from alumina refining would be transformed into soil products that can be utilized for greening and other eco-friendly purposes in the UAE....
Rusal, a leading global Russian aluminium producer, announced its operating results for the fourth quarter of 2021 and for the 12 months ending December 31, 2021, revealing bauxite production in Q4 at 3.602 million tonnes, a decrease of 5 per cent from 3.792 million tonnes in Q3 2021. The decrease...
The joint venture of Ras-Al Khaimah Investment Authority (RAKIA) and Penna Group of Companies, Anrak Aluminium Limited (AAL) following several implicates is hard-pressed in making efforts to commission its 1.5 million tonne alumina refinery set up at Rachapalli, which is around 80 km away from...
