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...
Grow with
AL Circle
<p>The first alumina shipment from Indonesia's first alumina producer left for China on August 12, reported local industry sources. The shipment volume totalled 50,000 tonnes. <br /><br />PT.Well Harvest Winning Alumina Refinery is a joint venture among China's Shandong Hongqiao Group, Indonesia...
<p>In a move to boost its rivalry in base metals trading against the London Metal ‎Exchange (LME), the oldest and largest market for industrial metals, Chicago-‎based CME Group, one of the world’s paramount exchange ‎operators, today said it will launch two aluminium futures...
<p>According to a market report published by IndexBox Marketing, total EU alumina exports, after a long recovery period, finally overcame their pre-crisis level and peaked at 1,538 million EUR in 2015.<br /><br />The major EU Member States Ireland, Germany, France, and Spain topped the list of...
<p>The Platts Australian alumina daily assessment at $234/mt FOB on Monday was unchanged from Friday, despite a steep rise in LME aluminium in the last two days.<br /><br />There have been rumblings of renewed interest in China for October shipments, with buyers guidance at $235-$240/mt CIF...
<p>According to the sources close to Sherwin Alumina, the company is contemplating closure of operations at its Gregory plant. The company had filed for Chapter 11 bankruptcy protection earlier this year and had undergone an auction that landed alumina refinery business in the hands of Glencore...
<p>The world's leading integrated aluminium producer, UC RUSAL Plc, reported a 1.2 per cent quarter-on-quarter decline in alumina production. The company's total alumina output for the quarter ended June 30 was 1,851 thousand tons.<br /><br /><img style="vertical-align: middle; display: block;...
The Port of Corpus Christi had recently announced that it made a bid to buy the Sherwin Alumina plant, which is in bankruptcy. The Port said it offered $33 million for the plant and offered to spend $13 million in capital, deferred maintenance and environmental improvements if Sherwin Alumina or...
CBIX rose over the week, up 2.4 per cent (US$1.1) to US$46.9/dmt on the back of higher ViU-priced Guinean material, partially offset by lower ViU-adjusted prices from other regions. Malaysian FOB prices continue to hold their ground, quoted at US$25/dmt to US$26/dmt for unwashed material, with...
According to the latest Mineral Industry Surveys data published by the USGS, imports of alumina during the first quarter of 2016 were 262,000 metric tons (t), 6 per cent less than those in the fourth quarter of 2015 and 48 per cent less than those in the first quarter of 2015. The leading sources...
The Australian alumina daily assessment slipped $1/mt day on day to $239/mt FOB Wednesday, weakened by lackluster demand. Falling Chinese domestic alumina prices, and rising freight rates in Asia have also put downward pressure on the FOB alumina price. In the last two days, smelters have put the...
China imported 175,400 mt of alumina in May, up 70.82 per cent MoM, but down 48.51 per cent YoY, according to China Customs. Import volumes remained low. Imports from India and Vietnam, which accounted for 17.43 per cent and 11.29 per cent, respectively, of total imports, increased markedly from...
The Platts Australian alumina daily assessment at $244/mt FOB on Thursday, June 9, was unchanged from a day ago, but has fallen $6/mt in the last week. The market has been under downward pressure from unplaced cargoes in Australia, China, India and the Americas. On Thursday a smelter reported being...
Relations between Alcoa and Melbourne’s Alumina continue to sour ahead of a legal shootout in September on Alumina’s rights to force a reworking of the global alumina alliance, known as AWAC, between the pair because of Alcoa’s planned demerger. In a rare Sydney briefing to local investors and...
According to China Customs, China imported 102,600 mt of alumina in April, down 71.5 per cent MoM. The share of Australian alumina to China’s total imports surged from 42.6 per cent in March to 95.1 per cent in April. Imports from India, Vietnam and Brazil all fell to less than 1,000 mt, with their...
A well-supplied Chinese domestic alumina market and the depreciating yuan have made Australian alumina increasingly unaffordable for Chinese aluminum smelters, market sources have said in recent weeks. The yuan is at a five-year low, closing Wednesday at Yuan 6.5889 against the dollar. The Chinese...
Customs data showed China imported 359,800 mt of alumina in March, up 64.88 per cent YoY, but down 3.37 per cent MoM. High profit encouraged Chinese alumina producers to step up production in March 2015, reducing demand for imported alumina. Alumina imports in March 2015 were partly affected by the...
Aluminium prices have risen slightly and demand is expected to stay strong. With Queensland Alumina Limited, Rio Tinto Yarwun and Boyne Smelters Limited relying on the price of aluminium to ensure their profitability, it is good news. The London Medal Exchange had the aluminium cash settlement...
More alumina producers in China will join recent capacity restart wave on improved profitability, Shanghai Metals Market experts expect. Alumina capacity restarts in China have amounted to 2.8 million tonnes per year over the past more than one month, SMM statistics showed. Besides, China will see...
