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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According to China’s General Administration of Customs data released on Monday September 23, China’s imports of alumina stood at 120,000 tonnes in August, a jump of 848.4 per cent from the same period a year earlier. But the imports declined by 40 per cent from 200,000 tonnes in July 2019. Alumina...
A00 aluminium ingot price started the week higher at RMB 14310 per tonne on Monday, 23 September 2019. That was up by RMB 30 per tonne or 0.21 per cent from its previous price of RMB 14280 per tonne on Friday. The price is expected to move within a range of RMB 14290-14330 per tonne. Wuxi witnessed...
According to the global export-import data, the United Arab Emirates’ alumina imports from India is likely to drop marginally this year, in tandem with the current estimation of year-on-year decline in the UAE’s total imports of alumina. In 2019, the country’s alumina imports from India are...
As shown by the latest US Geological Survey data on bauxite and alumina imports in the second quarter of 2019, the United States imported 1.03 million tonnes of crude and dried bauxite, up 38 per cent from Q1 2019 and 13 per cent from the same period last year. With this, the US' total bauxite...
The Netherlands is home to one of the notable aluminium smelting operations in the world - Delfzijl aluminium smelter in Farmsum, and is the ninth largest export economy in the world, of which aluminium accounts for US$ 1.74 billion on average. This indicates the requirement of a considerable...
China’s alumina price has been on the decline since the middle of December 2018. Alumina prices fluctuated in the first six months of 2019. The first quarter witnessed a decline, while the second quarter saw some corrections. From January to mid-April, the domestic prices remained on downward...
Alumina production in China stood at 5.93 million tonnes in July, showed an SMM survey on Friday August 9. Production of metallurgical-grade alumina came in at 5.7 million tonnes last month. The average daily output registered 183,700 tonnes, weighed by lower output at Xing’an Chemicals, Henan...
The presence of abundant electrical power in Iceland due to geothermal and hydroelectric energy sources has been buoying the aluminium production in Iceland. Aluminium producers like Alcoa and Century Aluminium which have closed smelters in the U.S. are still running facilities in Iceland, mostly...
According to Shanghai Metals Market, China in June imported 50,000 tonnes of seaborne alumina, down 16.7 per cent from May but up 4.6 per cent from June 2018. With this, China’s import of alumina came in at 320,000 tonnes in the first half of 2019, down 9.5 per cent from the same period last year....
The average spot price of alumina is found to inaugurate the month of July with a decline of RMB 55 per tonne to RMB 2,786 per tonne, according to Shanghai Metals Market data. This marks the second consecutive fall in alumina spot price, followed by a drop on 28th of June from RMB 2,865 per tonne...
Swedish manufacturer of commercial vehicles, Scania, has reportedly delivered eight new G 500 prime movers to K&S Freighters in Newcastle for transporting alumina or coke from the port to Tomago Aluminium smelter. The trucks will run around-the-clock for six days in a week, across two12-hour...
As shown by the latest US Geological Survey latest release on Bauxite and Alumina in the First Quarter 2019, imports of alumina by the U.S. in the first quarter of 2019 more than doubled to 623,000 tonnes from 273,000 tonnes in fourth quarter of 2018. The volume was 35% more than those in the first...
Senior aluminium analyst at SMM, Wang Rui, said that aluminium prices in the short term are likely to moderate on weaker demands in a slack season but slower-than-expected in supply and shrinking inventories sustain on optimistic outlook on prices in the long run. At the Nonferrous and Ferrous...
A00 aluminium ingot price again dropped to RMB 13970 per tonne on Friday, 14 June 2019. That was down RMB90 per tonne from yesterday. The average price is expected to range at RMB13950-13990 per tonne. Spot aluminium price is likely to be traded at a discount of RMB 10 per tonne to premium of RMB...
A00 aluminium ingot price marks second consecutive increase today to RMB14080 per tonne. The average prices are expected to range between RMB14060 per tonne and RMB14100 per tonne. Spot aluminium contract is likely to be traded at a premium of RMB10-50 per tonne. Aluminium ingot price in Foshan...
Though there is a fear of alumina shortage in China due to environmental checks, Chalco or Aluminum Corp of China Ltd will increase its alumina import alumina only if the international prices are low enough compared to domestic alumina. A company executive from its trading unit said this on...
China’s alumina import is estimated to rise in the coming months as the shutdown of Xinfa alumina refinery in early May could affect the local supply. Market sources said on Tuesday, May 28, that the amount of import may range between 60,000 tonnes to 160,000 tonnes. An Australian refinery source...
A00 aluminium ingot price registers an increase after five days of fall. Ingot price on Friday, 24 May 2019 increased from RMB14160 per tonne to RMB14230 per tonne. This marks a growth of RMB70 per tonne or 0.49 per cent. The average price is expected to range at RMB14210-14250 per tonne today....
