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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Utkal Alumina production up about 8% YOY in Q3 2017
<p>Hindalco Industries reported a standalone net profit of INR 321 crore for Q3 2017. Although, aluminium revenues grew 19%, and alumina production reported an increase due to added output from Utkal Alumina International Ltd (UAIL). <br /><br /><img style="vertical-align: middle; display: block;...
Saudi Arabia's reliance on alumina imports decreases significantly, 2016 volume down 35% YoY
<p>Saudi Arabia, which is home to the GCC's only integrated aluminium complex- Ma'aden Aluminium (a joint venture between the Saudi Arabian Mining Company and Alcoa), is inching towards becoming fully self-reliant in alumina procurement for metal production within the country. Construction at...
ANTAM plans to expand alumina projects using bauxite reserves
<p>PT Aneka Tambang (ANTM), a mining company, announced on Wednesday that the company was finalizing its next downstream projects using bauxite reserves and nickel ores. For Bauxites, ANTAM is currently developing Smelter Grade Alumina Refinery (SGAR) plant with PT Inalum.</p> <p><img...
Alumina drives Alcoa’s revenue for Q4; strong demand growth for alumina projected in China
<p>Alcoa Corporation reported its fourth quarter 2016 results on January 24 and despite net loss, the results reflect profit growth at the combined segment level. Alcoa reported 9% sequential growth in its Q4 revenue of $2.5 billion. The revenue growth was driven by higher alumina pricing to...
EGA sends young engineers for five months training at Ma’aden refinery in Saudi Arabia
<p>Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, has seconded 10 young UAE National engineers abroad as part of its preparations for the start-up of its AED 11 billion Al Taweelah alumina refinery next year.<br /><br />EGA’s...
Outlook 2017: Awaiting opportunities in the bauxite sector
<p>According to CRU, global alumina capacity is forecast to grow by 29.6% over the next ten years, reaching 179.6M tonnes by 2024. Metallurgical grade alumina capacity expansion, primarily in China will drive the growth in demand for bauxite. China's growing need for raw materials to feed its...
India's Inter-Ministerial Group to respond to RAKIA's arbitration notice on failed bauxite supply
<p>Government of India will form an Inter-Ministerial Group to respond to Ras-Al-Khaimah Investment Authority's arbitration notice seeking compensation on a total investment of US$44.71 million that is being made by it or ensure immediate supply of bauxite to the alumina refinery set up in the...
Yarwun's Rio Tinto alumina refinery production at record levels in 2016
<p>Rio Tinto’s fourth quarter report for 2016 shows that the workers at Yarwun's Rio Tinto refinery achieved alumina production at record levels. For the fourth quarter of 2016, the metals and minerals company produced 2,104,000 tonnes of alumina, five per cent higher than in 2015.<br /><br...
Odisha government revives hopes to Vedanta’s Lanjigarh alumina refinery
<p>The Odisha government and state-owned Odisha Mining Corporation entered into a partnership on Wednesday, 11 January, that will provide bauxites to the Vedanta’s Lanjigarh alumina refinery, which is not operating to its full capacity.<br /><br />Lanjigarh alumina refinery will get bauxite...
UAE serves Indian govt arbitration notice for failing on bauxite supplies for Andhra alumina project
<p>The UAE Ras Al-Khaimah Investment Authority (RAKIA) has served an arbitration notice to the Indian government seeking a hefty compensation of US$44.71 million for a bauxite and alumina supply agreement that was signed for a planned project in south India. The notice served mentioned the option...
Norsk Hydro: LoI and MoU for possible use of natural gas at Hydro Alunorte in Brazil
<p>Norwegian based aluminium company Hydro has signed a Letter of Intent (LoI) with the state of Pará and also a Memorandum of Understanding (MoU) with Shell Brasil Petróleo LTDA, with the aim to replace a major part of its current fuel oil consumption at the Alunorte alumina refinery...
Bosai Minerals resumes production at its South China alumina refinery
<p>China's leading mining, manufacturing and processing groups and export trading corporation Bosai Minerals Group (or Nanchuan Minerals) has restarted production at its alumina refinery plant in Xianfeng, reported Shanghai Metals Market.</p> <p>The refinery, which brought down its production...
Alcoa to permanently pull down the shutters at Suralco alumina refinery
<p>Alcoa Corporation announced on Tuesday that it will permanently close the Suralco alumina refinery and bauxite mines in Suriname, which has been curtailed since November 2015.<br /><br />The Suriname government and Alcoa will continue to work on the agreement concerning Suralco’s remaining...
USA bauxite import drops 61% YOY during third quarter 2016
<p>According to USGS’ recently published bauxite and alumina industry survey for the Third Quarter 2016, imports of crude and dried bauxite by USA in the third quarter of 2016 were 1.14 million tons (Mt). This records a 20% drop from those in the second quarter of 2016 and 61% drop from the...
Nalco to consider allowing Vedanta to participate in its alumina tenders
<p>India's two leading aluminium producers, National Aluminium Company Limited (NALCO) and Vedanta, finally seem to be collaborating with each other to sort out alumina sourcing related issues that the latter has been facing since long. The central government has asked the Navaratna PSU to consider...
The UAE's total alumina imports is estimated to decline 12.4% YOY in 2016
<p>The United Arab Emirates has grown over the years from essentially an oil-based economy to the world's fourth largest aluminium producing country, thanks to Emirates Global Aluminium's (EGA) contribution as major aluminium manufacturer of the region. The industrial champion with two operating...
Hydro acquires 100% stake of Paragominas in Brazil
<p>Hydro announced through a press release on 15 December 2016 that the company has completed the acquisition of Vale's remaining shares in Mineração Paragominas S.A. (MPSA). Hydro expects the acquisition will have a positive impact for Bauxite & Alumina segment of about USD 45...
Hydro appoints new Executive Vice President for Bauxite and Alumina
<p>Silvio Porto is appointed new Executive Vice President Bauxite and Alumina, and member of Hydro's Corporate Management Board. The change is effective as of December 13, 2016.<br /><br />Silvio Porto comes from the position as Chief Operational Officer (COO) in Bauxite and Alumina. He joined...
