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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Analysts predict that China's alumina output may reach 44.5 million tonnes in 2013, 18 percent higher than the last year; the capacity may reach 60 million tonnes, increased by 10%. According to the current situation, with the increase of domestic output, the import of alumina will decline. In the...
The alumina market which has been in structural overcapacity since 2007 will stay this way for the foreseeable future, Trafigura’s head of non-ferrous and bulk commodities Simon Collins said in the trading company’s first publically available report. A general lack of volatility restricted trading...
Alumina exports were up 26.3% year-on-year in November as a result of increased trade with Europe. Exports totalled 603,792 tonnes, compared with 478,056 tonnes in November 2012. Revenues for the month stood at $151.78 million, from $118.97 million a year ago. Norway acquired 163,938 tonnes,...
Vietnam’s alumina exports to China were expected to rise further in 2014 as new capacity comes on stream, Shanghai Metals Market has learned. July marked the first time that China ever imported alumina from Vietnam when inbound shipments of the raw material hit 14,944 tonnes. China imported another...
China’s alumina imports hit a yearly high in November on lower overseas prices and stocking demand from northwest China, Shanghai Metals Market has learned. Inbound shipments of the raw material climbed by 1.25% from a year ago to 550,000 tonnes last month, data from Chinese customs office showed....
Europe's highest court on Tuesday told a lower court to re-examine a long-running dispute between France, Italy and Ireland and EU competition regulators over whether millions of euros in state aid granted to the alumina sector was legal. The European Commission, the EU executive in charge of...
Some aluminium smelters in China, the world's top producer and consumer of the metal, could in 2014 turn to spot shipments or short-term contracts for raw material alumina as the ratios used to calculate annual term contracts climb, trading sources said. Smelters are effectively betting on low spot...
Trafigura has outbid Glencore Xstrata in an auction for 32,000 tonnes of alumina offered for sale by bankrupt aluminium producer Ormet. Switzerland-based Trafigura and Ohio-based Ormet agreed to a purchase price of nearly $9 million, or $281 per tonne, according to a sales contract signed by...
Ormet Corp has inked a pact to sell about 32,000 tonnes of alumina to Glencore Xstrata for $8.44 million. The bankrupt Hannibal, Ohio-based aluminium producer is seeking court approval to sell the calcined metallurgical-grade alumina, valued at $263.75 per tonne, from its Burnside refinery to...
China’s alumina imports rose in October due to aluminum smelters stockpiling raw materials for winter production and falling imported alumina prices, Shanghai Metals Market (SMM) has learned. Inbound shipments of alumina grew 25% from a year ago to 460,000 tonnes in October. This is because...
Alumina exports fell 6.6% year-on-year in October as a result of a reduction in volumes sent to Canada and Norway. Exports totalled 685,214 tonnes, compared with 733,885 tonnes in October 2012. Revenues for the month stood at $170.41 million, down from $190.35 million a year ago. Canada reduced its...
China’s alumina output rose in September as new capacity came on stream, Shanghai Metals Market (SMM) has learned. China produced 3.95 million mt of alumina in September, an increase of 33.55% from a year ago and up 100,000 mt from August levels. YTD output through September totaled 33.17 million...
Metal Bulletin’s fob Australia alumina index settled at $320.92 per tonne on Friday October 25, from $321.22 previously, as spot activity ramped up with deals mainly into China. The majority of volume went at $322 per tonne, with one producer selling two large shipments into China at that level....
China’s bauxite imports rose to a record-high of 7.59 million tonnes in September, as looming new capacity boosted raw material demand. China’s bauxite imports were up 8.7% month-on-month and more than triple the volume received a year ago. “Surge in bauxite in recent months is mainly due to a...
State-run National Aluminium Co's alumina exports in the first half of the current fiscal vaulted 50 per cent from a year ago, mainly on account of the capacity expansion undertaken by the company. In the six months to September, Nalco exported 638,000 tonnes of alumina compared with 425,000 tonnes...
Alumina exports fell 6.6% year-on-year in September as a result of a reduction in volumes sent to Europe and the Middle East. Exports totalled 653,880 tonnes, compared with 700,577 tonnes in September 2012. Revenues for the month stood at $153.50 million, down from $170.26 million a year ago....
China’s alumina imports climbed sharply in September on lower overseas prices, as foreseen by Shanghai Metals Market earlier. Inbound shipments of the raw material rose by 211.7% from a month ago to 450,000 tonnes in last month, data from Chinese customs office showed over the weekend. They were...
Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU's policy to supply it in domestic market. "We are not in a position to provide alumina or bauxite to any other company inside the...
