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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Alumina output to lower in China on environmental initiative and production lines maintenance
According to the latest update by Shanghai Metals Market, alumina production in Lvliang of Shanxi province is likely to be affected as the area was highlighted in China’s three-year initiative to “make skies blue again”. This initiative was released by the State Council on June 3, 2018, with an aim...
EGA signs contract with Vedanta to supply bauxite from its mine in Guinea
UAE-based Emirates Global Aluminium (EGA), jointly owned by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai, has signed a deal with Vedanta to supply bauxite from its mine in Guinea. Under the long-term agreement, EGA will start providing the ore to Vedanta from the...
Jisco backed industrial park in Jamaica to start construction in January
The phased construction of the Jamaica-Gansu Industrial Park, the island's first Special Economic Zone (SEZ) is expected to start next January, Government minister Mike Henry said this to the Jamaican House of Representatives last Wednesday. Jiuquan Iron and Steel Company (JISCO) that operates the...
Nhan Co Alumina plant achieves 56% of annual production target and earns US$41 million revenue in H1 2018
According to a report from the Dak Nong Aluminum Company of Vietnam, its Nhan Co Alumina plant in the Central Highland province of Dak Nong earned more than 3.2 trillion VND (US$141 million) in revenue in the first half of 2018. The company belongs to the Vietnam National Coal and Mineral...
EGA completes 50% work on its Guinea bauxite mine project
Emirates Global Aluminium (EGA), which is building $1.4 billion bauxite mine in Guinea, announced that it has completed 50 per cent work on the project. EGA is currently developing a bauxite mine and associated export facilities in the Republic of Guinea, West Africa. First bauxite exports from...
EGA receives first bauxite from Guinea for Al Taweelah alumina refinery
Emirates Global Aluminium (EGA) announced it has received first shipment of 61,450 tonnes of bauxite from Compagnie des Bauxites de Guinée for the commissioning of its under-construction Al Taweelah alumina refinery. Compagnie des Bauxites de Guinée will supply some five million tonnes of bauxite...
JISCO to invest $3 billion to develop Gansu Industrial Park and Special Economic Zone
Gansu Industrial Park and Special Economic Zone in Nain, St. Elizabeth, where China-based Jiuquan Iron and Steel Company (JISCO) operates the Alpart alumina refinery is going to get a facelift, as the company itself will invest over US$3 billion for the development. Pivotal to Jamaica’s Logistics...
UC Rusal resumes operations at its Friguia alumina refinery
Russian aluminium giant UC Rusal-operated Friguia alumina refinery in Guinea has restarted its operations on Wednesday, June 20, 2018. The news came to focus when the West African country’s mines minister reported to Reuters yesterday, on June 21, 2018. According to the update in May 2017, the...
Anrak Aluminium to revive its 1.5 million tonne alumina refinery in Vizag
Anrak Aluminium Limited (AAL), a joint venture of Penna Group and Ras Al Khaimah Investment Authority, is reportedly taking a serious effort to recommence operations at its alumina refinery in Vishakhapatnam, Andhra Pradesh. The company is planning to arrive at a one-time settlement with the...
Brazil court revokes Hyrdo’s bid to overturn forced production cut at Alunorte alumina refinery
According to Reuters report, rejection of Norsk Hydro’s appeal to overturn the partial suspension of bauxite refining operations at Alunorte refinery by a court in the Brazilian state of Para emerges as a blow to the world’s largest alumina refinery. In April, the company had sued state prosecutors...
Chalco targets Boffa bauxite project in Guinea by end-2019
According to the report by Reuters, Aluminium Corp of China (Chalco) has signed an agreement with Guinea government, on June 8 in Conakry, to develop the Boffa bauxite project in the west of the country. According to the agreement signed, Chalco Guinea Company would be granted mining licenses for...
Indian operators to restart CAL bauxite mining project: Sources said
As confirmed by some trusted sources, Indian operators are going to relaunch the long-awaited Cameroon Alumina Limited’s (CAL) bauxite mining project. It’s been over years now this plan was proposed to set up a Greenfield project involving bauxite mining, a 3 million-tonnes-per-annum alumina...
Nalco revives its bauxite mining proposal under Samata Judgement
Just in four days’ of time after Nalco Chairman and Managing Director Tapan Kumar Chand disclosed the company’s new alumina refinery set up plan, worth INR 7000 crore to INR 12000 crore, in Vishakhapatnam, the company updates that it has revived its proposal. According to the updated news by the...
Nalco to invest Rs. 7000 crore to Rs. 12000 crore for alumina refinery in Vishakapatnam
Odisha-based Asia’s largest integrated aluminium complex National Aluminium Company’s (Nalco) business expansion is on a roll. It is ready to invest INR 7000 crore to INR 12000 crore to set up a 1.4 million tonne or 2 million tonne alumina refinery in Vishakapatnam, as disclosed in an exclusive...
NALCO achieves highest net profit in last 10 years in FY 2017-18; aluminium production rises 10%
National Aluminium Company Ltd (NALCO) has proved its mettle by registering high in terms of both physical and financial performances in the financial year 2017-18. The company has registered net profit of INR 1342 crore against INR 669 crore in previous year. In the fourth quarter, the company has...
Nalco works towards achieving revenue of INR 93.5 billion from operations in FY19
National Aluminium Company (Nalco), a navratna firm under Union Mines of Ministry, sets a goal to achieve revenue of INR 93.5 billion from operations in FY19, 15 per cent higher than the previous financial year. The company’s chairman and managing director Tapan K Chand has signed off on a...
Hydro appoints John Thuestad as new head of Bauxite & Alumina
Hydro has appointed John Thuestad as new Executive Vice President for the business area Bauxite & Alumina effective June 1. Thuestad has more than 30 years of international experience from the metal and mining industry. "I am pleased that John Thuestad has accepted the position as new head of...
Humphreys says Aughinish Alumina situation still critical despite the ongoing discussions in Washington
We recently covered a news update that existing supply deals with Rusal’s Aughinish alumina refinery in Ireland would resume as the U.S. had extended the deadline for US and non-US citizens to wind up business with Rusal to late October. However, Minister for Business Heather Humphreys said that...
