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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Mytilineos anticipates positive prospect for its alumina business in Greece
The Greek Industrial Group reported on Thursday, May 3, 2018 that Mytilineos, a Greek-based industrial conglomerate whose companies are active in the sectors of metallurgy, energy, and EPC, is expecting a positive prospect for its alumina business in Greece despite surging alumina prices last month...
Brazil federal court upholds state court’s order of reducing production at Hydro Alunorte refinery
A Brazilian federal judge yesterday upheld a lower court ruling that ordered Norsk Hydro to cut production at Alunorte alumina refinery by 50 per cent. Federal Judge Arthur Pinheiro Chaves said that failure to honor the conditions set by the courts would result in a daily fine of 1 million reais...
Guinea gives preliminary approval to a new bauxite project worth US$1.4 billion
Guinea, Africa’s top bauxite producer with the production more than doubled last year to about 50 million tonnes, has approved plans of a Netherland-based company to develop a bauxite mine and alumina refinery worth US$1.4 billion in Guinea, said Guinea’s government on Friday, April 27, 2018....
EGA & Louis Dreyfus Armateurs to work together for bauxite transshipment in Guinea
The UAE-based largest industrial company, Emirates Global Aluminium, owned equally by Mubadala Development Company of Abu Dhabi and Investment Corporation of Dubai, has signed a 15-year agreement with LD Ports & Logistics, a subsidiary global marine transport and services group of Louis Dreyfus...
Supply deals with Aughinish alumina refinery to resume as sanctions ease
According to sources, companies including Rio Tinto can resume existing supply deals with Rusal’s Aughinish alumina refinery in Ireland as the U.S. has extended the deadline for US and non-US citizens to wind up business with Rusal to late October. The development happened a day after the US...
Rio’s aluminium production plunged 5% YOY in Q1 2018, however, hopeful for the future
One of the world’s largest metals and mining corporations Rio Tinto today announced aluminium output for the first quarter of 2018. The production has plunged by 5 per cent in Q1 to stand at 0.8 million tonnes against the contemporary period last year. This is primarily due to disruptions at its...
Hydro’s production cut and US Sanctions on Rusal could steer insufficient aluminium supply
Two back-to-back incidents in the aluminium industry, started with Norsk Hydro’s production cut followed by the US sanctions against Russian aluminium oligarch Oleg Deripaska-led Rusal could lead to aluminium supply starvation in global market, said Hydro’s chief executive on Monday April 16, 2018....
Rio to trigger force majeure on alumina refinery controlled by Rusal
After Glencore, Rio Tinto, one of the world’s largest metals and mining corporations has decided to trigger force majeure on some Rusal-linked contracts. The mining group declared on Friday that it would work with its customers to minimise disruptions in raw material supply and would fully comply...
Lanjigarh alumina production up 22% QoQ and 12% YoY in fourth quarter FY 2018.
Vedanta Resources releases production results for the Fourth Quarter and Full Year ended 31 March 2018. The company reports record production performance in the Lanjigarh refinery that was lagging behind due to issues related to raw material sourcing. Alumina production for the fourth quarter 2018...
Albras to trim down aluminium production by 50 percent
Albras Alumínio Brasileiro, the second largest aluminium producer in Brazil is going to curtail aluminium production by 50 per cent at its Albras Aluminium Plant, decided yesterday April 10, 2018 by the company’s board of directors. After curtailment, Albras will produce only around 230,000 tonnes...
US sanctions on Rusal puts future of Aughinish Alumina under pressure
Aughinish Alumina is Europe's largest alumina refinery at the Shannon estuary in Ireland and a major alumina asset of RUSAL contributing about 30 per cent of alumina produced in the EU; The crisis engulfing Aughinish Alumina's Russian owner Rusal is affecting the customers and employees of one of...
Reviews confirm no contamination from Hydro’s Alunorte alumina plant
An internal task force and Brazilian environmental consultancy SGW Services have found no indication or evidence of contamination to nearby local communities from Alunorte alumina refinery in Brazil, Norsk Hydro reported on Monday 9 April. “Both reports confirm our previous statements that there...
Odisha Government gives consent to Lanjigarh refinery to boost capacity to 6 million tonnes
Vedanta’s long wait comes to an end on receiving a nod from Odisha Government for its Lanjigarh refinery production capacity boost to six million tonnes. According to an official source, “Chief Minister Naveen Patnaik has given his nod to the expansion of the plant. The Vedanta has been asked to...
OMC to supply bauxite to Hindalco, Balco and Anrak
At the commencement of e-auctions, Odisha Mining Corporation offers 190,000 tonnes of bauxite secured from its Kodingamali mines in Southern Odisha. This maiden attempt of OMC to sell bauxite at e-auctions has evoked buying interests from many alumina refinery owners, both within and outside the...
Vedanta may pay high costs to transport bauxite from Kodingamali mines to Lanjigarh
Vedanta, a global diversified metals and mining company, plans to sign a long-term contract with Odisha Mining Corporation (OMC) to haul bauxite for its Lanjigarh (Kalahandi district) alumina refinery. However, the company is perplexed about the escalation of the transport cost of procuring raw...
Hydro to host Press Conference to present internal and external reports on Alunorte situation
Hydro will host a combined analyst and press conference at its corporate headquarters at Drammensveien 260, Oslo, on Monday April 9. The presentation will be hosted by President and CEO Svein Richard Brandtzæg. Representatives from both the internal task force and the external environmental...
Brazil’s share of alumina export might drop in H12018 on 50% closure of Alunorte refinery
The closure of 50% operations in Hydro’s Alunorte Refinery recently will have a significant effect in the alumina market in 2018. Hydro’s Alunorte is the world's largest alumina refinery and is located in Pará, Brazil. On average, 14% of its production goes to the domestic market and the other 86 %...
US import of bauxite drops 32% for the full year 2017 on closure of alumina refineries
According to the latest USGS release on Bauxite and Alumina in the Fourth Quarter 2017 , imports of crude and dried bauxite by the U.S. in Q4 2017 were 910,000 tonnes, slightly less than the revised total of 914,000 tonnes in the third quarter of 2017. However, on a YoY basis, import of bauxite...
