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...
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Aughinish Alumina lobbies against a State-imposed energy levy
Ireland’s Limerick-based Aughinish Alumina has begun lobbying against a State-imposed energy levy from which it received millions of euro up until 2016, labelling it unfair and a threat to investment. The Commission for the Regulation of Utilities (CRU) now plans to cut the Public Service...
South32 uses new robot technology for safe inspection at Worsley alumina operation
The Australia-based metals and mining company South32 is reportedly using a new robot, the BIKE platform, to execute safety checks at its Worsley alumina operation, the world’s largest alumina project comprised of a bauxite mine near the town of Boddington and an Alumina refinery near Worsley. The...
Vedanta to carry on Lanjigarh alumina refinery expansion without bauxite from Niyamgiri
After putting countless efforts on overcoming local political unrest at Niyamgiri mines for securing bauxite from there, mining baron Anil Agarwal’s Vedanta Ltd. finally decides to put a stop at it and use alternate bauxite resources for expanding Lanjigarh alumina refinery, a top company official...
Alumina Limited net profit up 110% in H1 2018 on higher global alumina prices
Alumina Limited, a bauxite and alumina company, today reported a net profit after tax of US$286.4 million for the half-year 2018, a 110% increase on the same period of 2017. Margins jumped on the back of higher global alumina prices during H1 2018. AWAC is Alcoa World Alumina & Chemicals, a joint...
Global alumina price surge supports Brazil’s alumina export to the US in H1 2018
After China and Australia, Brazil ranks as the third largest alumina producer in the world and plays a dominating role as alumina supplier. Hydro’s Alunorte that located at Para, Brazil, is known to be the world’s largest alumina refinery that exports almost 86 per cent of its total production to...
Vedanta secures approval for its Lanjigarh alumina refinery expansion worth of INR 5,600 crore
Vedanta Resources Plc reported that it received approvals for expansion of its alumina refinery at Lanjigarh in Odisha, and inked contracts with Emirates Global Aluminium for bauxite. The present capacity of the refinery is 2 million tonnes per annum which are expected to expand by 2021, said CEO...
Nalco surpasses its highest recorded net profit at INR 687 crore against 34% revenues jump in Q1 2018-19
National Aluminium Company (Nalco), one of the largest integrated aluminium companies, wears a success hat for recording a fivefold jump in net profit in the first quarter of financial year ending on June 30, 2018. From INR 129 crore in the year-ago period, the state-run firm’s net profit has...
Alcoa's West Australia alumina refinery workers walk out over labour agreement
Alcoa workers in Western Australia alumina refineries have walked out indefinitely over an enterprise agreement dispute with the aluminium maker, the Australian Workers’ Union (AWU) said on Wednesday. The strike comes after Alcoa applied to Australia’s workplace regulator to terminate its current...
Nalco comes forward for bauxite mining in Visakha agency
The National Aluminium Company Limited (Nalco), a government of India Enterprise and Navaratna Company, has come forward for bauxite mining in the agency area of Visakhapatnam district, along with a plan to set up an aluminium plant. Minister of state for mines Haribhai Parthibhai Chaudhary...
LME aluminium surges on trade war worries and disruption at Pinjarra alumina refinery; buoys SHFE counterpart
The dollar index slipped 0.07% to 95.098 overnight, while the pound dropped to its lowest level in almost a year on Wednesday. LME aluminium surged and closed at US$2,116.5 per tonne on Wednesday night after closing the day’s trading at US$ 2022 per tonne. The market was buoyed by the news of...
Analysts project volatility in aluminium market throughout 2018
Spot alumina price saw some unprecedented highs in 2018 first half and doubled to over $700 per tonne as the market showed panic reaction to U.S. sanctions on Oleg Deripaska and Rusal entities in April. The supply scenario was disrupted by two major happenings. First, the fifty per cent capacity...
Liaoning's plan to house alumina refinery worth of $3.4 billion got scrapped
After almost 88 years, Liaoning province in China was about to home an alumina refinery, but unfortunately, the project plan got cancelled by the city of Chaoyang after public consultation. The refinery was proposed to process bauxite ore into 10 million tonnes of alumina every year and supersede...
Aughinish Alumina could be free from a threat to job loss with US softer approach towards sanctions
The announcement that the US may consider dropping severe sanctions against Rusal could be resulted in easing threat to up to 1,000 jobs at Limerick’s Aughinish Alumina. Aughinish Alumina, owned by Russian giant UC Rusal, had been under threat since April 2018, when the US Treasury Department had...
Rio rejoices over achieving Chain of Custody Certification from Aluminium Stewardship Initiative
Another feather of glory adds to the hat of Rio Tinto as it stands as the first company in the entire aluminium value chain to receive the Chain of Custody Certification from Aluminium Stewardship Initiative (ASI). This means Rio is now the only officially qualified company to sell aluminium with...
No timeline yet on resuming full production at Alunorte refinery: Says Hydro CEO
Norsk Hydro CEO Svein Richard Brandtzaeg said on Tuesday, July 24, that despite talks between the company and Brazilian regulators about full production recommencement at Alunorte alumina refinery, no timeline has been set yet on the final ramp-up. "We do not know exactly what it will take for the...
Maaden Bauxite and Alumina Company signs amended financing deal with Public Investment Fund
Saudi Arabian Mining Company (Ma’aden) reported that its subsidiary Maaden Bauxite and Alumina Company (MBAC) has signed an agreement with the Public Investment Fund (PIF) to amend the terms of its existing loan of SR3.75 billion ($1 billion) which has been reduced to SR3.506 billion ($935 million)...
Ireland’s alumina export revenue surges in Q2 2018 on US sanctions despite declining volume
Ireland is one of the leading export economies in the world houses Rusal-operated Aughinish alumina refinery. Located in a rural part of Ireland, Aughinish refinery is the sole producer of alumina in the country and one of the most efficient alumina facilities globally, with an annual production...
EGA joins hand with AUS to research on bauxite residue utilization
Emirates Global Aluminium (EGA) has signed an agreement with the American University of Sharjah to study the conversion of organic waste into biochar, a stable form of carbon that is used worldwide to improve the potential of soils to support plant life. EGA is interested in the potential of...
