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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Bauxite supply shortage affects alumina refinery operations in China’s Shanxi province
<p>Bauxite mines in China’s Shanxi have come under the environmental scanning, Shanghai Metals Market report confirmed. The mines lacking production licenses have been ordered to close operations by September 14. Bauxite supply shortage had already been looming large over alumina refineries...
China’s East Hope to build alumina refinery project in Shanxi
<p>According to the news cited by Shanghai Metals Market, East Hope Group, one of China’s largest private companies, has inked a framework agreement on 15<sup>th</sup> August with the government of Zuoquan County, Shanxi Province, to build alumina refinery project in the region.</p> <p...
Anrak moves NCLT after AP government declines bauxite supply for its alumina refinery
<p>In what is considered the first instance involving a joint venture with a foreign government arm seeking insolvency, Anrak Aluminium, the joint venture between India's Penna group and UAE's Ras Al Khaimah Investment Authority (RAKIA), has moved the National Company Law Tribunal (NCLT).</p>...
Hindalco produced 724 kilotonne of alumina in Q1 FY2018
<p>Hindalco Industries produced 724000 tonnes of alumina in the quarter ended 30th June 2017. The alumina production increased 2 per cent as compared to Q1 FY2017. Aditya, Mahan and Utkal alumina continue to operate at their designed capacities, according to the company.</p> <p><img...
Bosai Group plans to build alumina plant in Liaoning Province
<p>Bosai Group has planned to build an alumina refinery project in Gaizhou, Yingkou in Liaoning Province, according to the news published on Shanghai Metals Market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
Rusal’s second quarter alumina production up 2.1% sequentially
<p>Rusal reported 2.1% sequential increase in alumina production in Q2 2017 at 1,928 thousand tonnes. Russian alumina refineries accounted for 36% of total output. All the refineries reported optimum production volumes according to the plans. Windalco, Auginish and Bogoslovsk faced minor drop in...
Lower alumina prices hit Hydro’s underlying EBIT for Bauxite & Alumina despite higher production
<p>Hydro reports positive results for the second quarter of 2017, driven by better metal prices. However, underlying EBIT for Bauxite & Alumina decreased from the first quarter mostly attributed to lower realized alumina prices, driven by a weaker alumina index. </p> <p style="text-align:...
Alcoa’s Bauxite & Alumina EBITDA falls in Q2 2017 on lower API and production
<p>Alumina Limited, the AWAC joint venture, has announced its second quarter results for Alcoa Bauxite and Alumina Segment. The 2017 EBITDA for Bauxite and Alumina fell to total $325 million. </p> <p style="text-align: center;"><img style="vertical-align: middle;"...
IBAAS provides opportunity to explore the possibility of mining in Guinea, says the Convener
<p>Dr. Ashok Nandi, the Convener for IBAAS Conference, recently told Mining Weekly that Guinea hosts largest bauxite deposits, and the fastest-developing bauxite mining and export centres, and hence, it was selected as the venue for IBAAS this year. He said that the registration...
Suriname faces budget deficit after closure of alumina refinery; to get $40m support from IDB
<p>A media report says Suriname is to receive a $40m investment loan from Inter-American Development Bank (IDB) which will help increase tax revenue and improve its public spending.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
India Mines Ministry dismisses all reports of Nalco privatisation, says expansion is on the cards
<p>Putting all speculations to rest the government of India said yesterday, June 28, that it is not considering privatising National Aluminium Company Limited (Nalco); rather, it is facilitating the PSU with its INR 5,540 crore worth expansion plan that would make it a leading aluminium producer of...
Ghana can earn $460 billion from bauxite reserves, says Vice President
<p>According to the vice president of Ghana Dr. Mahamudu Bawumia, Ghana has about a 160 million tonnes reserve of bauxite. The country would fetch revenue about $460 billion at current market prices from its bauxite reserves.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
Jamaica expects reopening of Alpart to boost mining sector contribution to GDP in next few years
<p>Jamaica’s Minister of Transport and Mining Mike Henry says that the re-opening of the JISCO Alpart bauxite/alumina plant has already created positive vibes in St Elizabeth and neighbouring Manchester. He says that this has marked a positive beginning and the revival of mining in...
Shandong alumina refineries to slowdown capacity expansion
<p>Alumina capacity expansion in Shandong, one of China’s major alumina producing hub is going to witness limited progress in the foreseeable future, showed recent survey report produced by Shanghai Metals Market.</p> <p>Several major alumina refineries in the region said they would not...
Guinea approves tax incentives for Rusal’s Friguia alumina refinery
<p>Rusal operated Friguia alumina refinery in Guinea got its agreement over tax incentives approved from the country’s National Assembly, reported an article published on the Economic and Commercial Counsellor's Office of the Embassy of the People’s Republic of China in the Republic of...
INTUC asks for inquiry into Nalco’s overseas investments
<p>Indian National Trade Union Congress (INTUC) yesterday announced that they have asked for a judicial inquiry into Nalco’s all overseas investment. INTUC’s State president Ramachandra Khuntia said that they have demanded for investigation as Nalco’s profit is...
Anrak Aluminium turns to Odisha government for bauxite
<p>Anrak Aluminium, a joint venture between Penna Group and Ras-Al-Khaimah Investment Authority (UAE), has requested Government of Odisha to find out a possible solution to its bauxite supply uncertainty issue that is making its alumina refinery unit at Makavarapalem, Andhra Pradesh starve since...
Civmec secures contract for Alcoa’s Pinjarra alumina refinery
<p>Australia-based Civmec Limited announced that the company secured Engineering, Procurement and Construction (EPC) contract as well as other new construction and maintenance contracts, totalling approximately AUD $90 million.</p> <p>Apart from a civil concrete contract by Altura Mining Lithium...
