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Alcoa Kwinana refinery on fire causing upto $1 million damage
10 APR 20131MINS

Alcoa Kwinana refinery on fire causing upto $1 million damage

A fire broke out in the cooling tower at Alcoa's Kwinana alumina refinery today causing up to $1 million damage. There were reports of an explosion and a plume of black smoke flowed from the refinery. Department of Fire and Emergency Services spokesman Allen Gale confirmed the blaze started a short...

Indian smelter plans rest on power rate
08 APR 20131MINS

Indian smelter plans rest on power rate

Long-seated plans by India’s Gujarat Mineral Development Corporation to set up both a 1Mt/yr alumina refinery and a 500kt aluminium smelter in Kutch, Gujarat, are still in abeyance. The company’s partner in the project, Nalco, has said that the development of an aluminium smelter would only be...

UC RUSAL to switch from heavy oil to gas at Aughinish alumina refinery
03 APR 20132MINS

UC RUSAL to switch from heavy oil to gas at Aughinish alumina refinery

UC RUSAL, the world's largest aluminium producer, announces the next step in Aughinish alumina refinery's modernisation programme, which will include the shift of steam production from heavy oil to gas as its main energy source. The change of oil-fired boilers to gas-powered steam generators will...

NALCO marks highest ever turnover
03 APR 20132MINS

NALCO marks highest ever turnover

National Aluminium Company Ltd. has reported excellent results in terms of sales turnover and foreign exchange earnings for the year 2012-13. During the year, the company achieved record sales turnover in excess of $1323 million and foreign exchange earnings of $625 million. Besides, in terms of...

Indian state government in a fix over bauxite mining leases
01 APR 20132MINS

Indian state government in a fix over bauxite mining leases

The State government has found itself on a sticky wicket over the bauxite mining issue after the Centre directed the State government to rescind leases granted to the APMDC in Visakhapatnam. The Centre’s insistence and the pressure exerted by Union Ministers V. Kishore Chandra Deo and Jairam Ramesh...

Nalco-GMDC unsure of aluminium project size in Gujarat
28 MAR 20132MINS

Nalco-GMDC unsure of aluminium project size in Gujarat

After many delays, GMDC’s ambitious $2.75 billion aluminium park in Kutch, Gujarat seems to be stuck in another pit. Its partner Nalco doesn’t seem too keen on the aluminium smelter. GMDC wants to set up a 1 million tonne alumina refinery and a half a million tonne aluminium smelter for a total of...

Nalco targets 10% higher sales turnover in financial year 2014
28 MAR 20132MINS

Nalco targets 10% higher sales turnover in financial year 2014

National Aluminium Company Limited has signed an MoU with the Ministry of Mines, on production and financial targets for the 2013-14 financial year. As per the MoU signed today in New Delhi, the company's sales turnover target has been fixed at $1.43 billion, which is about 10% higher than that of...

Nalco confirms investment in 1 million mt/year Gujarat alumina refinery
26 MAR 20132MINS

Nalco confirms investment in 1 million mt/year Gujarat alumina refinery

India's Nalco Monday confirmed it plans to invest in a 1 million mt/year alumina refinery in the state of Gujarat that is scheduled for completion in 2017. The project was officially announced last August by then Nalco chairman and managing director B.L. Bagra at the company's AGM. Bagra did not...

Judge expected to approve terms of Ormet asset bidding process
25 MAR 20132MINS

Judge expected to approve terms of Ormet asset bidding process

US Bankruptcy Judge Mary Walrath was expected to approve on Thursday an agreement that sets the stage for a possible May 13 auction for the assets of US aluminum producer Ormet, which filed for Chapter 11 bankruptcy reorganization in Delaware on February 25. Patrick Burns, a Cincinnati-based...

CRU launches new bauxite long term market outlook
22 MAR 20132MINS

CRU launches new bauxite long term market outlook

CRU, independent commodity industry analysts and management consultants in the global metals, mining and fertilizer industries, have launched their new Bauxite Long Term Market Outlook, which provides detailed forecasts of the global bauxite industry. CRU’s team of industry experts has compiled the...

Indian state Odisha exploring the possibility of mining lease grant to L&T
21 MAR 20132MINS

Indian state Odisha exploring the possibility of mining lease grant to L&T

Vedanta's ailing alumina refining unit at Lanjigarh shut since December 5 last year on bauxite unavailability can hope for a long-term succor on raw material supplies. The government has consulted its advocate general over the possibility of grant of ML to L&T which was granted prospecting license...

Federal Government confirms assistance to Gove Alumina refinery
20 MAR 20131MINS

Federal Government confirms assistance to Gove Alumina refinery

The Minister Martin Ferguson confirmed today that the Commonwealth Government through its Export Finance and Insurance Corporation is now undertaking due diligence for the provision of a loan guarantee to support the financing of a gas pipeline from Katherine to the Gove alumina refinery in the...

Guinea to triple its bauxite production in 2020
19 MAR 20132MINS

Guinea to triple its bauxite production in 2020

The Republic of Guinea has tripled its production capacity of bauxite, from 7% of world bauxite production to 25% in 2020 to strengthen its leadership in bauxite production and processing sector. It is in this sense that the Guinean Minister of Mines and Geology, Mohamed Lamine Fofana, presented to...

Bauxite Shortage in India: Real or artificial?
07 MAR 20133MINS

Bauxite Shortage in India: Real or artificial?

As part of its plan to shore up its revenues, the Indian government has decided to impose an export duty on bauxite. Bauxite exports, duty-free so far, will be taxed at 10 percent. Bauxite is a key ingredient in the production of aluminum, and taxing its export means giving a boost to domestic...

Queensland Alumina resumes trucking activity
06 MAR 20131MINS

Queensland Alumina resumes trucking activity

Trucking activity into the Queensland Alumina Limited plant will increase from today as the company feels the impact of recent heavy rain. QAL said heavy rainfall had limited its ability to receive coal by rail, and the refinery had had to source alternative coal supplies. Coal will be transported...

Tribals oppose construction of railway track to Utkal Alumina Limited
05 MAR 20132MINS

Tribals oppose construction of railway track to Utkal Alumina Limited

Opposing construction of a railway track leading to Utkal Alumina International Limited (UAIL) at Rayagada's Doragurah under Kasipur block, around 600 tribals congregated at Bilamalo Chhak on Sunday. They alleged that the proposed track will encroach on the road connecting at least five villages....

Alcoa celebrates 50 years in Australia
27 FEB 20132MINS

Alcoa celebrates 50 years in Australia

ALCOA celebrates 50 years of operating and investing in Australia this year. Fifty years ago Alcoa started the process of mining bauxite at Jarrahdale and then adding value locally by producing alumina at the Kwinana Alumina Refinery and smelting it into aluminium ingots at Point Henry Smelter in...

Alumina price expected to remain high in the near term
27 FEB 20132MINS

Alumina price expected to remain high in the near term

Rio Tinto recently announced that it would not shut down its 2.75 million tonne (MT) Gove alumina refinery. The company clarified that it will be receiving energy assistance from the government of the country. The move could lead to a slowdown in the recent increase in alumina prices. However,...