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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RUSAL to sell Alpart alumina refinery for $299 mln
<p>Leading primary aluminium producer UC RUSAL has signed of an agreement with Alumina Partners of Jamaica (‘Alpart’) to sell its 100 per cent stake in the latter to the Chinese state industrial group, JIUQUAN IRON & STEEL (GROUP) Co. Ltd (‘JISCO’), as a part of their...
National Aluminium gains on bagging Pottangi bauxite mines
National Aluminium Company (NALCO) was trading higher by 4 per cent to INR 50.10 on the BSE in an otherwise subdued market after the company announced that the government has granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company's 22,75,000-tonne alumina refinery is...
NALCO granted mining lease of Pottangi Bauxite Mines in Odisha
Odisha’s Department of Steel & Mines has granted the lease of Pottangi Bauxite Mines, in Koraput district of Odisha to Navaratna PSU National Aluminium Company Limited (NALCO), a company press release reported yesterday. The lease, which covers an area of about 4,295 acres has been granted for a...
Vedanta to refocus aluminium operations in Odisha
After investing US$7.5 billion in establishing an alumina refinery and an aluminium smelter and associated power facilities in the region, Vedanta Resources plc announced late last week that it is shifting its focus in the state of Odisha. “For us, the Niyamgiri chapter is closed. We are not...
Aluworks nears closing in on US$25m turnaround deal with Vedanta Resources
Aluworks announced that they are close to sealing a US$25million strategic investment deal with Vendata Resources, one of the world’s largest natural resources companies with an interest in aluminium and other resources. “We are talking in a matter of weeks,” Ralph Rossouw, a Director of Vendata...
Vedanta seeks quick supply of bauxite in Odisha
With plans to raise alumina production at its Lanjigarh refinery in Odisha's Kalahandi district by 50 per cent, bauxite starved Vedanta today sought quick steps for raw material supply from within the state. "We plan to enhance production in Lanjigarh refinery from 1 million tonne per annum to 1.5...
US imports of crude and dried bauxite in Q1 2016 falls 35% QoQ
According to the latest Mineral Industry Surveys data published by the USGS, imports of crude and dried bauxite in the first quarter of 2016 were 1.51 million metric tons (Mt), 35 per cent less than those in the fourth quarter of 2015 and 45 per cent less than those in the first quarter of 2015....
Strong USD, weak fuel prices and bauxite barter lead to lower operating costs at alumina refineries
CRU's recently published Alumina Cost Service, 2016 Edition examines the key themes which had a significant effect on the alumina industry in 2015, including the main drivers behind the significant decrease in world average site costs. Three key themes emerged as particularly notable, including the...
RUSAL BoD approves Agreement on restoration of Friguia Alumina Refinery
<p>United Company RUSAL Plc announced that on 22 June 2016 the company's Board of Directors has approved (i) Annex 12 to the Dian-Dian Concession Agreement dated 21 July 2001 in relation to the Dian-Dian project; and (ii) an agreement on restoration of the alumina refinery Friguia and its further...
Alcoa in maiden bauxite shipment
Alcoa has loaded its first shipment of WA bauxite destined for a Chinese alumina refinery, describing the event at Kwinana today as a milestone moment. The 47,000 tonne parcel of bauxite, from the Alcoa of Australia joint venture’s Darling Range mines, is the start of an export trial approved by...
EGA to launch construction of 12 mtpa bauxite mine in Guinea
Emirates Global Aluminium (“EGA”) will begin construction on a major bauxite mine in the Republic of Guinea, to secure supply of the high-quality raw material for its primary aluminium production facilities in the United Arab Emirates and create a new, substantial revenue stream through significant...
Vedanta eyes bauxite auctions for feeding Lanjigarh refinery
London-listed Vedanta Resources is looking up to auctions of bauxite blocks to clinch long-term raw material security for its alumina refinery at Lanjigarh (Odisha). Vedanta was feeding the refinery by sourcing bauxite from other states as well as importing from countries like Guinea. The refinery...
Hatch alumina tube digestion technology reduces costs and increases production
Alumina producers face ongoing challenges to reduce costs and increase production. Today, the investment needed for a modern greenfield refinery is typically in the range of several billion dollars. But to gain economies of scale, larger, more complex refineries are constructed. Key considerations...
Jamaica’s Alpart operation to reopen within months: Mining Minister
According to Jamaica’s Minister of Transport and Mining Michael Henry, authorities expect to reopen the Alpart bauxite mine and alumina refinery in Nain, St Elizabeth, in the present fiscal year, which runs from April 1, 2016 through March 31, 2017. Henry made the disclosure while speaking to...
Tribals oppose campaign against development projects in Odisha
Strongly pleading for speedy development in backward Kalahandi and nearby areas of Odisha, locals including tribal people today opposed any campaign against projects like Vedanta even as activists including Medha Patkar held a meeting in Lanjigarh. Participants in the rally, organised by Niyamgiri...
China’s 2016 alumina output to rise 5% on year to 61 million mt: Antaike
China’s alumina output in 2016 is expected to reach 61 million mt, up 5.2% from realized output of around 58 million mt in 2015, an analyst from state nonferrous information division Beijing Antaike said Tuesday. The forecast figure was also up 17.3% from the 52 million mt produced in 2014 and up...
Australia's Alumina promises fight against Alcoa split
Australia's Alumina is preparing for a court battle with Alcoa (AA) after the U.S. group filed papers alleging its joint venture partner was threatening its planned split by claiming the demerger required its consent. The conflict centers on the groups' Alcoa World Alumina and Chemicals, or AWAC,...
Nalco and Iranian mining company sign MoU to set up aluminium smelter in Iran
State-owned major, National Aluminium Company Limited (Nalco) and Iranian Mines & Mining Industries Development Renovation Organization (IMIDRO) have signed a memorandum of understanding (MoU) to jointly explore the possibility of setting up an aluminium smelter in Iran. The signing of the MoU...
