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Alcoa to sell stake in Jamalco to Noble
16 OCT 20142MINS

Alcoa to sell stake in Jamalco to Noble

Alcoa and Noble Group Ltd today announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals (AWAC) selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140 million. AWAC will continue as...

Vedanta Resources publishes production Release for the Second Quarter and Half Year ending 30 September 2014
13 OCT 20142MINS

Vedanta Resources publishes production Release for the Second Quarter and Half Year ending 30 September 2014

Vedanta Resources publishes production Release for the Second Quarter and Half Year ending 30 September 2014. The company posts the following update on the Aluminium segment. The Lanjigarh alumina refinery operated above 90% of its rated capacity and produced 226,000 tonnes in Q2. The numbers for...

Alcoa performs well in the alumina sector in Q3
10 OCT 20142MINS

Alcoa performs well in the alumina sector in Q3

Alcoa has signed a letter of intent in the second quarter in a bid to sell its ownership stake in Alcoa Minerals of Jamaica L.L.C. the operational company for Jamalco bauxite mine and alumina refinery. The company has also signed a Memorandum of Understanding with the Government of Suriname so that...

DVA’s High Pressure Knife Gate Valve sleeves replace OEM sleeves after extensive site trials
08 OCT 20142MINS

DVA’s High Pressure Knife Gate Valve sleeves replace OEM sleeves after extensive site trials

High pressure knife gate valve sleeves from Dual Valves Australasia (DVA) were used to replace OEM rated sleeves recently at an alumina refinery in Western Australia. The WA alumina refinery replaced a number of their 21 Bar rated OEM push-through style knife gate valve sleeves with sleeves from...

Vedanta embarking on doubling alumina refining capacity in Odisha
08 OCT 20143MINS

Vedanta embarking on doubling alumina refining capacity in Odisha

Azad of the Niyamgiri Suraksha Samiti said the authorities at the public hearing didn't record the tribals' objections and neither did it meet other norms for such hearings. What Azad and other critics of the project, such as Amnesty International, ask is where will Sesa Sterlite get the bauxite...

Rusal to develop ethane power plant to supply to its Jamaica alumina refinery
30 SEPT 20143MINS

Rusal to develop ethane power plant to supply to its Jamaica alumina refinery

Jamaica's energy ministry has accepted a plan by Russian aluminum producer Rusal to develop a 140MW ethane-fired power plant to supply its mothballed bauxite refinery in Jamaica. The project will be commissioned by the end of 2017, according to the head of the ministry's power development unit...

Nalco announces INR 387 crore dividend and further expansions
29 SEPT 20142MINS

Nalco announces INR 387 crore dividend and further expansions

On September 27, the CMD of Nalco, Ansuman Das announced a dividend of INR 387 crore for the 2013-14 fiscal. The announcement was made in a press meet after the 33rd Annual General Body meet. Das explained that the aluminium market was picking up globally due to global cutbacks and the positive...

Naidu’s tough fight to make Andhra Pradesh a key center for aluminium
24 SEPT 20142MINS

Naidu’s tough fight to make Andhra Pradesh a key center for aluminium

Andhra Pradesh can become a key center for alumina and aluminium production if the state’s natural resources can be adequately utilized, ranking second only to Odisha. India has bauxite resources of nearly 3.48 billion tonnes of which 18 percent belongs to Andhra Pradesh. However, constant...

Emirates Global Aluminium to open a $3 billion worth alumina refinery in Abu Dhabi
24 SEPT 20141MINS

Emirates Global Aluminium to open a $3 billion worth alumina refinery in Abu Dhabi

The chief executive of state-owned Emirates Global Aluminium announced that they are planning to build an alumina refinery in Abu Dhabi and investing $3 billion for it. Kalban told reporters that the feasibility studies reveal that by the end of 2017, the refinery will become operational. He stated...

Vedanta to expand alumina production despite many obstacles
24 SEPT 20141MINS

Vedanta to expand alumina production despite many obstacles

The Chairman of Vedanta Resources, Anil Agarwal recently announced that he is going to raise the production in his Lanjigarh alumina refinery, from its current capacity of one million tonne to two million tonne in a year and has plans to push that to six million tonne gradually. He also plans to...

Rusal Aughinish alumina refinery returns to profit with $15.59 pre-tax profit
22 SEPT 20141MINS

Rusal Aughinish alumina refinery returns to profit with $15.59 pre-tax profit

The largest refinery in Europe, the Rusal Aughinish on the Shannon Estuary announced a pre-tax profit of $15.59 last year recording their return to profits. Ireland’s largest manufacturing site managed this feat by cutting back their defined benefit pension scheme which brought in an exceptional...

Chalco’s Henan alumina refinery shuts down due to break in waste-pool
19 SEPT 20141MINS

Chalco’s Henan alumina refinery shuts down due to break in waste-pool

Reuter reported that an alumina production facility in Henan, owned by the Aluminium Corp of China Ltd (Chalco), closed down earlier this week due to a break in the waste pool as reported by executives from two different aluminum smelters on Thursday. On Tuesday night, the walls of the pool that...

Hindalco’s six bauxite mine will be issued renewed leases by six months
18 SEPT 20142MINS

Hindalco’s six bauxite mine will be issued renewed leases by six months

As Hindalco Industries Ltd waits for its mining lease to be renewed in Jharkhand, they say that they are not too concerned about the wait and neither should it interfere with the performance of the company. In a note to National Stock Exchange on Wednesday, Hindalco explains that their renewals...

Orissa government grants prospecting lease to Sesa Sterlite for two laterite deposits
08 SEPT 20142MINS

Orissa government grants prospecting lease to Sesa Sterlite for two laterite deposits

Sesa Sterlite has been granted the prospecting license by the Orissa government to work on two laterite deposit that will yield the necessary raw materials for the 1 million tonne per annum alumina refinery set up in Lanjigarh by the Anil Agarwal owned company. Sesa Sterlite earlier had to import...

Rio Tinto soars even as Yarwun palnt prepares for annual shutdown
04 SEPT 20142MINS

Rio Tinto soars even as Yarwun palnt prepares for annual shutdown

Rio Tinto has announced a 21% hike in earnings to 5.1 billion while its Yarwun alumina site in Gladstone prepares for its annual shutdown. Yarwun and Qal, which had both been affected in 2013 by the ex-tropical cyclone named Oswald, are doing much better with the first half results showing a 9%...

Unions Seek assurances on BHP demerger plans
25 AUG 20141MINS

Unions Seek assurances on BHP demerger plans

Unions have called on mining giant BHP Billiton to guarantee entitlements and enterprise agreements for workers affected by its demerger. BHP plans to offload the majority of its aluminium, manganese, nickel and silver assets into a new company that is to be listed on the Australian share market by...

Indonesia ban on nickel ore, bauxite exports to stay - officials
12 AUG 20142MINS

Indonesia ban on nickel ore, bauxite exports to stay - officials

Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said. Indonesia - previously the world's top exporter of nickel ore and a major bauxite...

Aluminium industry inspires new exhibition in Limerick
11 AUG 20143MINS

Aluminium industry inspires new exhibition in Limerick

Growing up in Askeaton, in the shadow of Aughinish Alumina, it is not altogether surprising that local artist Michele Horrigan would find inspiration in the giant alumina processing facility. Its presence has spurred Michele to create her latest solo exhibition, now on display in the Occupy Space...