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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Union minister for rural development requests Vedanta to find another bauxite excavation site
Union minister for Rural Development Jairam Ramesh today said the state government and Vedanta Aluminium Limited (VAL) should find another place to excavate bauxite to feed the company’s refinery plant located at Lanjigarh. Minister Ramesh said this while addressing media at Congress HQs in...
Gove's future rests with Rio Tinto: Giles
Chief Minister Adam Giles says the Northern Territory Government has done all it can to deliver gas supplies to Rio Tinto to ensure it keeps its Gove alumina refinery open. Mr Giles held private meetings with community and business leaders at Gove on Tuesday to discussing the future of the...
Votorantim signs protocol of intent with Seicom for mining & refinery project
Brazilian metals company Votorantim Metals has signed a protocol of intent with Seicom, Para state's industry, mining and commerce department, as part of the latter's plan to attract new businesses to its mining and metals industry. As Votorantim gets ready to start work on its Alumina Rondon...
Giles goes to Rio to keep Gove alumina refinery open
Northern Territory Chief Minister Adam Giles met Rio Tinto this week to outline gas supply options to keep its Gove alumina refinery open, as he called on the global miner to "back the Northern Territory". Mr Giles said that at the meeting on Monday he offered gas to the company, including supply...
Halted alumina output could hinder Guinea growth: Finance Minstry report
Guinea's 2013 growth target could be undermined by a lack of alumina output in the first half of the year stemming from a prolonged shutdown of RUSAL's 630,000 tonne-per-year Friguia refinery, a finance ministry report said. Work at the refinery was suspended in April 2012 following a labour...
Rio Tinto needs more time to consider NT Government's gas offer
Pacific Aluminium won't commit to the struggling Gove alumina refinery - claiming it now needs even more time to consider the NT Government's gas offer. The company's Canada-based chief executive Phillip Strachan flew into Darwin on Monday to hold crucial face-to-face talks with Chief Minister Adam...
Allen & Overy advises CPI International Minerals on world-scale alumina project
Allen & Overy has advised CPI International Minerals (CPIIM), a wholly owned subsidiary of China Power Investment Corporation, on the conclusion of the mining convention for CPIIM’s world-scale alumina project in the Republic of Guinea. The convention, which was signed in Conakry, the capital, on 6...
Pressure on Rio Tinto as Gove gas offer cut again
Chief Minister Adam Giles has further reduced his offer of gas to power Rio Tinto's alumina refinery at Gove in the Northern Territory. Speaking at the South East Asia Australia Offshore Conference (SEAAOC) conference in Darwin, Mr Giles again justified reneging on the offer of 300 petajoules of...
Hindalco's revenue to double after 3 projects go on stream
Hindalco Industries stands to benefit from the weakening of the rupee against the dollar, as copper and aluminium prices are dollar-denominated, Chairman Kumar Mangalam Birla told shareholders at the company’s 54th annual general meeting on Tuesday. “The only foreign loan we (Hindalco Industries)...
Finnish firm designs potential Abu Dhabi refinery
Finnish company Outotec has been awarded a contract by Mubadala and Dubai Aluminium in UAE to provide a license and design support for a potential new alumina refinery in Abu Dhabi. The value of the contract has not been disclosed. The company said that Mubadala and Dubal had placed the order to...
Outotec to deliver a technology license for a potential alumina refinery in the UAE
Outotec agreed to deliver a technology license for a potential alumina refinery in the United Arab Emirates. Outotec and Hatch, as an unincorporated joint venture, have been awarded a contract by Mubadala and Dubai Aluminium (DUBAL) for the provision of a technology license as well as the basic and...
Vedanta seeks Odisha govt's intervention to buy Nalco's surplus alumina
After a failed bid to buy surplus alumina from National Aluminium Company (Nalco) to run its alumina smelting facility at Jharsuguda, Vedanta Aluminium Ltd (VAL) has sought the intervention of the Odisha government on the matter. With its aluminum smelter at risk, VAL wants the state government to...
Future of Gove alumina smelter affected by NT politics
The driving forces of NT politics – development and dependence – have been amply displayed via the issue of gas supplies for the Gove alumina operation. The owners of Gove have previously thrice rejected the option to pipe gas directly to the facility. Yet six months ago the operation (now owned by...
Alcoa Kwinana Refinery rolls on after 50 years
It has been a divisive part of Kwinana since it opened its doors 50 years ago. This month the Alcoa Kwinana Refinery produced its 75,000,000th tonne of alumina, coinciding with last month’s 50th anniversary since the plant began operation. The refinery opened in 1963 and was the company’s first...
GMDC-Nalco aluminium smelter takes a back seat
The aluminium smelter project, part of Gujarat Mineral Development Corporation (GMDC)'s ambitious Rs 15,000-crore aluminium park in Kutch, Gujarat, has been put on back burner as GMDC and its partner National Aluminium Company Ltd (Nalco) are yet to finalise the terms and conditions for it. GMDC...
Vedanta seeks SEZ benefits for aluminium smelter
Vedanta Aluminium Ltd (VAL) has sought extension of SEZ (Special Economic Zone) benefits for its 1.25 million tonne aluminium smelter project at Jharsuguda. VAL has already invested Rs 12,000 crore on the smelter complex. The project was set up as a sector specific SEZ for producing aluminium metal...
Orissa weighing alternative bauxite source for Vedanta
After a unanimous rejection of the proposal to mine bauxite in the Niyamgiri hills by village councils in the Rayagada and Kalahandi districts, the Orissa government is examining the option of providing mineral linkage to Vedanta’s alumina plant through the Sijumali-Kutrumali mines. If the state...
Pacific Aluminium stalls discussions on Gove alumina refinery
Pacific Aluminium is stalling on discussions about the future of the Gove alumina refinery and won't meet the Territory Government until at least mid-September. In parliament yesterday, Chief Minister Adam Giles said he had requested a meeting "as soon as possible" to discuss the Government's...
