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’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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An alternative route has been established from Azerbaijan to Tajikistan for the supply of alumina and other raw materials. This has been done specifically to meet the needs of the Tajik Aluminium Company (TALCO), the Tajik embassy in Azerbaijan reported to Trend on Friday, October 5. The new route...
With the faster growth in aluminium production, the world seems to see a continuous hike in demand for alumina, particularly in China and the Middle East. This in the future is expected to open up new trading opportunities for the alumina producing countries such as Australia, which is already the...
Alumina producers, including South 32 and Alumina Limited, on Thursday, October 4, reportedly experienced a sharp rise in shares post Norsk Hydro’s announcement of production shut at the world’s biggest alumina refinery Alunorte. Shares in Alumina Ltd rose as much as 11 percent on Thursday, October...
Saudi Arabian aluminium industry is growing immensely in last few years after the country decided to venture into a parallel non-oil economy. A joint venture between the Saudi Arabian Mining Company (Ma’aden) and Alcoa Ma’aden Aluminium (MA), Ma’aden Aluminium is a significant contributor to the...
According to a research report, the Netherlands is the ninth largest export economy in the world, exporting $435 billion of goods each year, out of which aluminium accounts for US$ 1.74 billion on average. In 2017, in particular, the Netherlands’ aluminium export accounted for US$5.62 billion,...
The price of alumina could hit another record high before the end of the year as supplies become increasingly tight with one after another happening disrupting the smooth supply of the key raw material. Spot alumina price saw some unprecedented highs in 2018 first half and doubled to about $700 per...
As per the data shown by Aluminium Association of Canada, Canada’s primary aluminium industry is the fourth largest in the world with an annual production of 3.2 million tonnes of primary aluminium, using the lowest carbon footprint. Alcoa, Aluminerie Alouette and Rio Tinto operate 10 plants in...
According to a report from Reuters, China is exporting large volume of alumina for the second time this year despite the domestic price rise that is putting pressure on smelters. Chinese alumina suppliers signed contracts to export over 140,000 tonnes of alumina in July at a higher price, according...
A strong Conference Board (CB) Consumer Confidence index for August lowered the US dollar index by 0.07% last night. Most LME and SHFE base metals gained. Tight supplies and higher purchasing prices of alumina in the overseas market pulled up LME aluminium, which soared to an intraday high of...
China’s largest state-owned aluminium producer The Aluminium Corporation of China Limited (Chinalco) has raised its floor price of non-metallurgical grade alumina to RMB 3500 per tonne on Monday, August 27, Shanghai Metals Market learned. This shows a growth of RMB 100 per tonne from the last floor...
After China and Australia, Brazil ranks as the third largest alumina producer in the world and plays a dominating role as alumina supplier. Hydro’s Alunorte that located at Para, Brazil, is known to be the world’s largest alumina refinery that exports almost 86 per cent of its total production to...
After the publication of Q1 2018 results, Nalco CMD TK Chand said alumina business is pushing up Nalco profitability. He said the PBT from alumina segment stood at INR 1125 crore. Nalco drives the alumina export segment in India every year being the top alumina producer and exporter. Nalco...
According to China customs data, alumina export from China stood at 118,000 tonnes in June, up 24 per cent from May’s export of 89,999 tonnes. This marks the highest level since the year 2002. The exports during May and June, at 208,000 tonnes were in line with SMM’s expectation. Moreover, with the...
Ireland is one of the leading export economies in the world houses Rusal-operated Aughinish alumina refinery. Located in a rural part of Ireland, Aughinish refinery is the sole producer of alumina in the country and one of the most efficient alumina facilities globally, with an annual production...
According to the international export-import statistics, the estimated alumina export from China in 2018 is 177,996 tonnes, while the expected revenue to be at US$ 324 million. In the first quarter of 2018, the total alumina export from China was 59,548 tonnes and the revenue earned was US$63...
The A00 aluminium ingot spot price continued to rise three days in a row since July 6, 2018, according to the data by Shanghai Metals Market. Today, as of July 10, the ingot price raised RMB 20 per tonne to stand at RMB 14010 per tonne, compared to RMB 13990 per tonne on July 9 after growing from...
Spain bought US$350 billion worth of goods from around the globe in 2017. The country’s alumina imports also increased to 44875 tonnes in 2017, up from 33407 tonnes in 2016. Spain imports substantial amount of alumina from France to meet the country’s domestic demand. According to recent estimates,...
Jamaican Minister of Foreign Affairs and Foreign Trade Kamina Johnson Smith believes that Jamaica’s alumina exports are likely to be affected by the ongoing trade dispute between the United States and other countries. On Tuesday, June 19, she briefed to a press at the foreign ministry in New...
