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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The U.S. imported 463,000 tonnes of alumina in the first quarter of 2018, 31 per cent more than the total of 355,000 tonnes in the fourth quarter of 2017, and 50 per cent more than the total of 308,000 tonnes in the first quarter of 2017, according to the latest USGS release on Bauxite and Alumina...
The global trade data suggests that Bosnia and Herzegovina will import 33 per cent more alumina in 2018 than last year. Greece is the key country from where country sourced maximum volume of alumina. Greece exported an estimated 165643 tonnes of alumina to Bosnia and Herzegovina in 2017, according...
Shanghai Metal Market anticipated yesterday on May 28, 2018, that domestic alumina prices in China are going to witness a limited decline on the face of continual low stockpiling that allows sellers to hold their offers firm. Since the beginning of May, China’s domestic alumina prices have fallen...
After showing restraint over a long period of time from 3rd of May to 18th of May, 2018, alumina spot market price declined two days in a row. According to Shanghai Metal Market, average alumina spot price, which was hovering at RMB 3118 per tonne until May 18 , 2018 plunged to RMB 3094 per tonne...
Aluminium Corporation of China Limited (Chalco) targets to export 30,000-50,000 tonnes of alumina in May, company’s president reported to Reuters on Thursday, May 17, 2018. Lu Dongliang, the vice president of Chalco also confirmed the news while speaking on the sidelines of the LME Asia Week...
We recently covered a news update that existing supply deals with Rusal’s Aughinish alumina refinery in Ireland would resume as the U.S. had extended the deadline for US and non-US citizens to wind up business with Rusal to late October. However, Minister for Business Heather Humphreys said that...
Iran is estimated to witness a jump in alumina imports in the first half of 2018. The country imported an estimated 221359 tonnes of alumina from the global market in 2017. The country’s alumina imports from China climbed up significantly in March 2018.China, one of the major exporters of alumina...
We have recently covered a story on how Sanction against Rusal drove a quick surge in alumina export from China. China exported more than 300,000 tonnes of alumina as of May 4, since the profit window opened in April following the US sanctions against Rusal, SMM learned. The export started in...
China’s alumina imports hit a record low of 8,145 tonnes in March, down 98 per cent from the same period previous year. SMM reported that non-metallurgical grade alumina accounted for most of the imports in March and the volume of metallurgical grade was zero. SMM believes that tight global...
Italy imported US$452.2 billion worth of goods from around the globe last year. According to available export-import data, the country will import 23 per cent more alumina in the first half of 2018, compared to the same period last year. The market for high purity alumina witnessed growth during...
The sanctions against Rusal, world's second-biggest aluminium producer and a major alumina producer have created supply concerns in both the alumina and aluminium market. Before the sanctions, Hydro’s Alunorte refinery in Brazil was forced to cut outputs by half earlier in the year due to leakage...
According to sources, companies including Rio Tinto can resume existing supply deals with Rusal’s Aughinish alumina refinery in Ireland as the U.S. has extended the deadline for US and non-US citizens to wind up business with Rusal to late October. The development happened a day after the US...
Turkey, which imports substantial amount of alumina to feed domestic smelters every year, is estimated to increase its alumina import in 2018. The country’s import of alumina dropped in volume in 2017 when compared to 2016 data. Germany is the top supplier of alumina to the country in 2017,...
Being concerned about US sanctions against Rusal that it could bring down a shadow over businesses and jobs, Kazakhstan is in search of new markets and opportunities for its alumina exports. Eurasian Resources Group (ERG), partially owned by the Kazakh government, produces 1.5 million tonnes of...
While Hydro’s Alunorte alumina refinery operates at 50% of its capacity, the prices seem to be rising over the course of March. According to Metal Bulletin, spot alumina prices gained 27.8% over the course of March, with buyers forced to pay up for units in a tighter market. Metal Bulletin’s...
According to the latest USGS release on Bauxite and Alumina in the Fourth Quarter 2017 ; imports of alumina by the U.S. in the fourth quarter of 2017 stood at 355,000 tonnes. The volume was 3% less than the amount of 364,000 tonnes imported in the third quarter of 2017 and 34% more than that in the...
China’s alumina imports in January dropped 72 per cent from the same period previous year. China imported 73,624 tonnes of alumina from the global market, according to China's customs data. Source: www.metal.com (Unit: tonnes) China’s alumina imports from Indonesia were up 4.74 per cent YoY in...
Ever since the successful restart of Alpart alumina refinery in Jamaica; its Chinese owner Jiuquan Iron and Steel Company (JISCO) has been constantly brainstorming ideas to make the refinery most profitable by expanding production within a short span of time. The company now aims to upgrade the...
