Impact Minerals plans staged 4,000-tpa HPA production in US
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
Ireland withholds Aughinish Alumina meeting notes amid Russia export review
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...
Grow with
AL Circle
Ghana and Guinea to discuss over bilateral cooperation for developing bauxite industries
Ghana Vice President Mahamudu Bawumia reportedly announced to the press that both Guinea and Ghana are all set to begin discussions over bilateral cooperation for developing bauxite industries, similar to trade co-operation between Ghana and Côte d’Ivoire in the cocoa sector. “You know what we are...
Tension at Lanjigarh alumina refinery subsides after mutual discussion
According to a recent report, the tension between locals and authorities of Vedanta alumina refinery at Lanjigarh in Kalahandi district has subsided today on March 19, after a mutual discussion between the two parties. The tension had taken place on Monday, March 18, after Rengalpali villagers...
Operations cut at Alunorte and higher raw material costs lead to Hydro's weakened underlying EBIT
On Friday, March 15, Norsk Hydro reported weakened underlying earnings before interest and tax by 2.15 billion crowns ($251.61 million) in its 2018 financial report, amidst some of its positive developments like the upgrade of the Husnes Plant and the ramp-up of the Karmøy technology pilot to...
Antam’s bauxite output up 70% in 2018, while sales rise 10%
Indonesian state miner PT Aneka Tambang (Antam) recorded a profit of 874.42 billion rupiah ($61.06 million) in 2018, compared with 136.50 billion rupiah in 2017. The increase was due to higher output and sales of commodities such as nickel and bauxite, as well as lower costs. Antam achieved revenue...
EGA’s 2018 net profit declines 64% and adjusted EBITDA 33% despite surge in revenue
Emirates Global Aluminium has announced its annual financial report of 2018, where it is found that the UAE’s biggest industrial company outside the oil and gas sector has earned a net income of AED 1.2 billion ($325 million), 64 per cent down from AED 3.3 billion ($900 million) in 2017. This havoc...
Four designers from London transform toxic red mud into ceramic tableware pieces
According to a recent report, four designers from London’s Royal College of Art have made a series of terracotta-hued cups, bowls, and teapots with toxic red mud residue from aluminium production. This project, called ‘From Wasteland to Living Room’, displays an exalted transformation of red mud...
EGA and VITO to intensify research on the potential use of bauxite residue for construction applications
Emirates Global Aluminium (EGA) announced that it will intensify research partnership with VITO NV, the European research and technology organisation, to find uses of bauxite residue for the UAE construction industry by further developing two of the potential applications identified in the first...
Vedanta appoints new CEO for its aluminium and power business
On Tuesday, March 5, the mining giant Vedanta announced the appointment of Ajay Kapur as the chief executive officer of its aluminium and power business. Kapur brings with him an experience of over 30 years across various business verticals. He worked at Ambuja Cements as the managing director and...
Positive fundamentals buoyed both LME and SHFE aluminium yesterday; likely to trade higher today
The US dollar rebounded on Wednesday as investors digested testimonies from the lead US trade negotiator with China and the top ranking Federal Reserve official. LME base metals traded higher across the board on Wednesday and aluminium gained 0.3%. SHFE base metals performed similarly overnight and...
China’s bauxite imports record 24.5% growth in 2018 on growing demand and unstable domestic supply
China Customs data found that bauxite imports into China jumped in 2018 to total at 85.61 million tonnes against 64.63 million tonnes in 2017. The Chinese government’s environmental restrictions and crackdowns on the black market tightened domestic supplies and thus prompted increasing imports of...
Rusal’s alumina production in 2018 remains unchanged at 7,774 thousand tonnes
Rusal, a leading global aluminium producer, announced operating results for the fourth quarter of 2018 and for the 12 months ended 31 December 2018. In the fourth quarter of 2018, total alumina production decreased by 2.1 per cent quarter-on-quarter. Alumina production stood at 1,958 thousand...
Australia’s alumina export likely to grow marginally in 2019: South Africa to top the importers list
With seven refineries operating, Australia is the world’s second largest producer and exporter of alumina. It mostly produces smelter grade alumina for both the domestic and export markets and accounts for 22 per cent of the global production. Rio Tinto, Alcoa, South32 are some of the few...
Hydro’s Q4 2018 EBIT for Bauxite & Alumina drops 74% YoY due to production restrictions at Alunorte and Paragominas
Hydro today announced results for the fourth quarter of 2018. Underlying earnings before financial items and tax decreased to NOK 534 million in Q4, down from NOK 3,555 million in the same quarter last year. The results mainly reflect the effects of the production curtailment at Alunorte alumina...
LME saw mixed trading over the week touching the highest in the middle of the week; SME stayed flat
The US dollar index fell in the beginning of the week. The dollar extended its loss on Monday after US President Donald Trump decided to extend a March 1 deadline for additional tariffs on Chinese goods, suggesting progressive trade negotiations between the two countries. It rebounded from earlier...
EGA enters final stages of commissioning for Al Taweelah alumina refinery
Emirates Global Aluminium (EGA) has reportedly entered the final stages of commissioning for its Al Taweelah refinery. The first alumina production at the plant is expected to be in the first half of this year. Abdulla Kalban, managing director and chief executive of EGA said in a statement on...
FLSmidth to supply machinery and equipment for the extension of UAI’s refinery in Odisha
According to a report, FLSmidth has signed a contract with Hindalco (UAI) to supply machinery and equipment for the extension of Utkal Alumina International’s (UAI) refinery in Odisha, India. UAI is a wholly-owned subsidiary of Hindalco Industries and flagship metal company of the Aditya Birla...
SEMAS declares Alunorte Alumina refinery safe for operation resumption and lifts its embargo on its 50% operations
A press release from Hydro confirms that the environmental agency in the state of Pará, SEMAS has lifted the ban on Alunorte Alumina refinery’s 50% operational capacity. SEMAS, has issued a technical note to Hydro which says that Hydro Alunorte can safely resume normal operations and the production...
JAMALCO’s new power plant expected to make its alumina refinery more efficient on completion
According to a recent report, the construction of JAMALCO’s US$189 million gas-fired cogeneration power plant by New Fortress Energy is expected to complete by February 2020. The news came after the bauxite/alumina company’s managing director Austin Mooney reported while speaking during a tour of...
