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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Vedanta releases Production reports for the First Quarter FY 2016
Vedanta Resources Plc releases Production reports for the First Quarter FY 2016. Vedanta reports record quarterly aluminium production and continued high utilisation rate at Lanjigarh alumina refinery. Tom Albanese, Chief Executive Officer, Vedanta Resources plc, said: "In Q1 we saw continued...
Hindalco seeks RBI’s 5/25 protection
Non-ferrous metals producer Hindalco is in talks with banks to refinance around R7,000 crore of loans for two projects - Aditya Aluminium and Utkal Alumina International (UAIL) - under the Reserve Bank of India’s (RBI) 5/25 scheme, two bankers aware of the development told FE. “Although the...
Severe frost delays bauxite shipment from Tasmania's new mine
Operations in Bald Hill mine, Australian Bauxite's newest aluminium ore mine near Campbell Town, Tasmania are being hit badly by severe frosts that have been bringing temperatures below average over the last couple of months. Workers are facing difficulty coping with the unexpected ice. This has...
Nalco may include mining in its diversification plans
State-run National Aluminium Co is mulling over the idea of exploiting its core competence of mining to offset the fall in prices of aluminum. Nalco's new chairman and managing director, TK Chand, who met Odisha Chief Minister Naveen Patnaik on Monday, is also hoping that the company can soon mine...
Emirates Global Aluminium gross revenue up 30 per cent to $5.4 billion
Emirates Global Aluminium, the world’s fourth-largest maker of the metal, reported a 75 per cent rise in net income last year amid rising aluminium prices and cost cuts. EGA, created by the merger of Dubai Aluminium and Emirates Aluminium, did not specify its net income for last year or 2013. It...
Odisha to provide raw material to Vedanta Aluminium through OMC
Odisha Government will provide raw material to Vedanta Aluminium through Odisha Mining Corporation (OMC) to feed its refinery plant at Lanjigarh in Kalahandi district. This was informed by the Steel and Mines Minister Prafulla Mallick on Wednesday. The Minister said the government is taking steps...
Outotec signs a contract with Emirates Global Aluminium valued at 80 million euros
Finnish minerals and metals processing technology company Outotec has signed an agreement with Emirates Global Aluminium (EGA) for two alumina calciners.The contract is valued at over 80 million euros and involves the design and delivery of the calciners to the alumina refinery that EGA is planning...
Norsk Hydro: Long-term ICMS tax framework established for Hydro’s Brazil operations
The Brazilian state of Pará has published a long-term ICMS tax framework for the aluminium producer Norsk Hydro ASA and related entities, developed between the parties. A new 15-year framework will replace the existing ICMS deferral on July 17. “Our ambition is to develop robust and viable...
Outotec to deliver two alumina calcination plants to Emirates Global Aluminium in the United Arab Emirates
Outotec to deliver two alumina calcination plants to Emirates Global Aluminium in the United Arab Emirates. Outotec has agreed with Emirates Global Aluminium ("EGA") on the design and delivery of two alumina calciners to the alumina refinery that EGA plans to construct in Al Taweelah, Abu Dhabi....
UC RUSAL to switch Achinsk production to increase supply of alumina to KrAZ
UC RUSAL, a leading global aluminium producer, announces its plans to fully switch production at its Achinsk alumina refinery (AAR) to support the consumption requirements of the Krasnoyarsk aluminium smelter (KrAZ). This decision will allow RUSAL to reduce its logistics costs and also to ensure...
Centre hikes bauxite output limit of only non-captive mine in Odisha
The Union Ministry of Environment, Forest and Climate Change has granted environmental clearances to KJST bauxite and iron ore mines situated in Koira mining circle of Sundergarh district to enhance mineral output. "I have got approval for extracting iron ore upto 2 million tonne, up from existing...
Noranda names presidents for bauxite and alumina business and primary aluminum business
Noranda Aluminum Holding Corporation announced today the hiring of Julio Costa as President of the Company's Bauxite and Alumina business. Noranda also announced that Mike Griffin, the Company's Vice President of Manufacturing, has been named President of the Primary Aluminum business. Costa and...
China bauxite import to rebound from May’s fall
China’s bauxite imports will rebound from May’s decline, driven by growing demand and low input stocks, Shanghai Metals Market predicts. Bauxite demand will grow, due to expansion at Shandong Weiqiao Pioneering Group, upcoming restart of 500,000-tpy alumina project at Shandong Lubei Chemical, and...
Jamalco to spend US$500m on coal-fired plant
The Jamalco bauxite mining and alumina refinery will spend roughly US$500 million to build its coal-fired plant as a means to offset its high energy costs, stated Government. The plans were long discussed but it's the first time the authorities have released estimates on the cost. "The mining and...
K Line signed long-term agreement with Emirates Global Aluminium
K Line signed long-term agreement with Emirates Global Aluminium for transportation of 5 million tonnes of bauxite ore on its capesize bulk fleet. The contract is signed for transportation of bauxite ore to the alumina refinery, currently building in Al Taweelah in the United Arab Emirates. K Line...
Jharkhand government to renew leases for Hindalco’s closed bauxite mines
Hindalco Industries may soon get to resume operations at five bauxite mines in Jharkhand that have remained closed since September last year, with the state government initiating the extension of these leases till 2030. The state mines department has already processed files of the five mines of the...
Rio Tinto celebrates 10 years of Yarwun refinery
Rio Tinto Alcan held an official celebration on site to thank its employees and the community for a great decade. Rio Tinto Alcan Chief Operating Officer Bauxite and Alumina Armando Torres was on hand for the speeches as well as Mayor Gail Sellers and community elder Neola Savage. Almost 1000...
Bauxite Resources, Yankuang dispute referred for mediation
The dispute between ASX-listed Bauxite Resources and its joint venture (JV) partner Yankuang Resources has been referred to a Perth-based barrister for mediation. Bauxite Resources said on Friday that its representatives had met with Yankuang between June 9 and 18 to resolve the dispute over a...
