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...
Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
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Alumina's prices, without much surprise, follow the upward path of the price range on Tuesday, October 22. As disclosed by SMM, the average alumina price is RMB 4,698 per tonne, which is 56 per cent higher than last year's October 23 price (RMB 2998 per tonne). The Y-o-Y price leap has caused a...
Alumina futures on the Shanghai Futures Exchange soared to a new record, driven by bauxite supply disruptions from Guinea and sustained demand from China. On Friday, alumina prices surged by as much as 6.4 per cent, reaching RMB 4,630 ($655) per tonne on the Shanghai Futures Exchange, marking the...
According to the Statistical Institute of Jamaica, the Caribbean Island nation's mineral export earnings surged by 27% during the first four months of the year, driven primarily by increased alumina exports. From January to April, the island's Mining and Quarrying sector earned US$206.5 million in...
Currently, if anything is grabbing the maximum attention in the upstream aluminium sector, it is the unprecedented price surge in China's alumina prices. Both domestic and imported prices have skyrocketed over the week, transforming the market dynamics and raising concerns among primary aluminium...
According to the Statistical Institute of Jamaica (STATIN), Jamaica's Mining and Quarrying industry recorded a significant 33.6 per cent increase in export earnings during the first quarter of 2024. The sector's earnings climbed to US$148.7 million, up from US$111.3 million in the same period last...
According to China customs data, China's alumina exports in June 2024 trended up M-o-M by 54.78 per cent to reach 157,100 tonnes versus 101,500 tonnes in May. The latest hike brought the country's cumulative exports during January-June to 810,700 tonnes. However, China's alumina imports in June...
During January-May 2024, China witnessed a positive trend of aluminium raw material and aluminium product imports, as demonstrated by the Shanghai Metals Market’s latest survey. Considering raw materials, China’s bauxite and alumina imports grew in May due to the growing demand for primary metal...
The Chinese domestic alumina market has consolidated recently at a high level. Prices remain up around RMB3800/tonne, almost RMB1000 above where they were just a few weeks ago. There's little chance of prices going down, as demand is still strong and supply lines are still struggling. Imported ore...
According to the Shanghai Metals Market survey in early June, the accumulated inventory of alumina at aluminium smelters across China stood at 2.8815 million tonnes. The number of days of in-plant alumina stocks at Chinese aluminium smelters in early June was 12.78 days, considering that the...
The United States alumina imports in the first quarter of 2024 ended March 31, edged down 12.69 per cent annually and saw a more intense decline of 21.45 per cent on a quarter-on-quarter basis. The downfall in alumina imports indicates reduced demand for primary aluminium production in the United...
LME aluminium opened at US$2,667 per tonne in the previous trading session, reaching a high of US$2,741.5 per tonne, a low of US$2,667 per tonne, and closed at US$2,732 per tonne, up US$74 per tonne or 2.78 per cent. On Tuesday, May 28, both LME aluminium cash bid price and LME aluminium official...
The Aluminum Branch of the China Non-Ferrous Metals Industry Association convened a symposium on April 16. The conference was organised for key aluminium enterprises highlighting the operational aspects of the industry for 2023 and the first quarter of 2024. Focus of the conference Regarding...
According to China Customs data, the country’s alumina exports in March 2024 amounted to 144,100 tonnes, bringing the total exports in the first three months of the year to 421,600 tonnes. China’s alumina imports were 303,800 tonnes in March 2024, which reflected an increase of 3.97 per cent...
According to the US Census Bureau data, the United States alumina imports in the fourth quarter of 2023 amounted to 359,000 tonnes, experiencing a sequential rise of 4.06 per cent. The quarter-on-quarter growth continued from the second quarter of the year when imports grew by 2.79 per cent from...
Demand for alumina from China is rising strongly, opening the door for international producers and traders to make some increased profits. The combination of restrictions on bauxite mining leading to cuts at refineries, winter snow storms blocking logistics, and healthy demand for the key material...
The fastest-growing company in the railway sector and transporting goods for a wide range of customers, GB Railfreight (GBRf), has confirmed the renewal of its contract with Alvance British Aluminium, one of the world's greenest metal production plants. GBRf has secured a five-year extension to its...
Emirates Global Aluminium has inked an agreement to supply alumina to The Alumina Industrial Company. This collaboration aims to foster the emergence of a new sector dedicated to manufacturing speciality products from alumina, aligning with the UAE's ambitious industrial growth strategy, Operation...
According to the International Aluminium Institute survey, Africa & Asia’s (ex-China) alumina production from January to December 2023 totalled 13.31 million tonnes, accounting for 9.37 per cent of the world’s total output. On a year-on-year calculation, Africa & Asia’s alumina output in 2023 edged...
