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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Ireland has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Ireland is a member of the European Union. A wide range of manufactured products is exported, including electrical machinery and apparatus,...
The latest data of Shanghai Metals Market showed that China’s alumina production in August 2020 stood at 5.97 million tonnes, including 5.76 million tonnes of metallurgical-grade alumina. This marked a slight growth of 1 per cent in comparison to the output of 5.7 million tonnes of...
FYI Resources has reportedly signed a memorandum of understanding (MoU) with Alcoa of Australia to advance the development of high purity alumina (HPA) refining technologies. FYI has already started developing a process for producing high-quality HPA in the face of a limited supply of the product....
Ghana is looking for domestic or international partners to support the restoration and upgrading the state-owned Volta Aluminum Company’s (VALCO) smelter, to reach its production capacity of 300,000 tonnes per year by 2025. The Ghana Integrated Aluminum Development Corporation (GIADEC) has conveyed...
The industry analysts said: “National Aluminium Company Ltd (Nalco) shareholders may have a thing or two to worry about in the coming years. The firm is going ahead with an expansion plan that will deplete cash flows and raise its debt levels. That may just be weighing on the stock.” As on 7 th...
According to a recent report, Hindalco Industries Limited has taken a few significant steps to ward off incidents like industrial by-product bauxite residue spillage from the storage area that took place at Hindalco’s Muri alumina refinery in April 2019. The company has ensured the safety and...
Vedanta Aluminium has bagged five awards at the 21st National Award for Excellence in Energy Management, organised by the Confederation of Indian Industries (CII). The event was held from 25-28th August 2020 in a virtual conclave and ceremony. Vedanta Limited’s Lanjigarh unit has won the ‘Excellent...
During the mid-2019, PT Borneo Alumina Indonesia (PT BAI) created a consortium, formed of three companies, for the Project Management Consultancy (PMC) towards the development and execution of a One Million Tonne Per Annum (MTPA) smelter grade alumina refinery project and a 2×40,000 normal cubic...
Navin Agarwal, Executive Vice Chairman, addressed employees at Vedanta’s alumina refinery in Lanjigarh on Saturday through a virtual townhall meeting. Vedanta Limited reaffirmed its commitment to an Atma Nirbhar Bharat. The entire leadership team of the refinery, employees and business partners...
In July 2020, China imported 417,263 tonnes of alumina, more than double the 200,000 tonnes in the year ago, according to Chinese customs data released on Tuesday, August 25. China’s total alumina imports since the beginning of the year has come in at 2.33 million tonnes, up by 341.2 per cent from...
Hindalco Industries Ltd., a global leader in Aluminium, has entered into a Memorandum of Understanding with UltraTech Cement Ltd., part of the same group and India’s largest manufacturer of cement and concrete, to deliver 1.2 million tonnes of red mud (also known as bauxite residue) annually to...
Rusal Aughinish Alumina is the largest alumina refinery in Europe and the largest of the alumina facilities operated by UC RUSAL has declared the rise of pre-tax profits by over 30% to $54.60 million for 2019. The company has been done well following the revoke of US sanctions against its Russian...
The Indian state-run National Aluminium Company is expected to gain, as Hydro’s Alunorte alumina refinery in Brazil will axe down production by 30-45% due to maintenance of the bauxite supply pipeline at Paragominas mine, as per market analysts. Norsk Hydro ASA, among the biggest aluminium...
Emirates Global Aluminium, today, August 19, has marked a year since its first bauxite export from wholly-owned mining subsidiary Guinea Alumina Corporation. In last one year, EGA has exported over 6.1 million dry metric tonnes of bauxite ore to customers around the world, while maintaining a...
Hydro has paused operation of 244 kilometer long pipeline transporting bauxite from Hydro’s Paragominas bauxite mine to the Alunorte alumina refinery for extended maintenance, temporarily suspending production at the mine. Hydro had scheduled the replacement of two sections of the pipeline in Q3...
According to a recent report, Co-owner of Jamalco alumina refinery, Clarendon Alumina Production Limited (CAP), will pay off a large portion of its debt. This will improve its overall equity position in the lay up to the refinery’s planned listing on the stock exchange. The company will secure the...
Indonesia’s state aluminium company PT Indonesia Asahan Aluminium (Inalum) expects to stop importing alumina by 2022 as it expected to complete the construction of alumina refinery, but the COVID-19 pandemic might cause delays in the planning. The country’s demand for the alumina has been supported...
Alcoa has reached an agreement with the workers’ representatives for the San Ciprián aluminum plant in Spain to extend the deadline of the formal consultation period for collective dismissal to September 28, 2020. The company said the agreement is endorsed by the national and regional governments...
