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
According to China Customs, China imported 200,000 mt of alumina during March, down 54.5% YoY. YTD imports through March amounted to 1.04 million mt, also down 10.3% YoY. This is the first time China’s alumina imports slid to near 200,000 mt since December 2012, a steep decline from January’s...
The Banja Luka Stock Exchange on Monday suspended trading in the heavily indebted alumina plant Birac ad Zvornik, which is subject to bankruptcy proceedings, for 11 days, it said on its website. The government of Bosnia's autonomous Serb Republic ordered the tax authority at the weekend to launch...
The FOB price for Australian alumina has been dragged down by falling LME aluminum prices to USD 322/mt, down USD 6/mt or 1.83% from before the Chinese Qingming holiday. LME aluminum prices have dropped to USD 1,880/mt from USD 2,174/mt on February 25, 2013, a decrease of nearly 13.52%. Alumina...
Alumina Limited lost 0.43% at $4.59 after trading over 602,000 ADRs. It is a leading Australian company listed on the ASX and the NYSE, and invests world-wide in bauxite mining, alumina refining and selected aluminium smelting operations through its 40% ownership of Alcoa World Alumina & Chemicals,...
According to Shandong Nanshan Aluminum’s 2012 annual report, the company reported RMB 14.87 billion in operating revenues in 2012, up 11.57% YoY. However, its profits declined 28.72% YoY to RMB 985 million and net profits attributable to its parent company also dropped 32.39% YoY to RMB 691...
India's state-run National Aluminium Co Ltd has sold 30,000 tonnes of alumina at $345 per tonne free on board to a Dubai-based trader, two company sources said on Tuesday. Alumina will be shipped this month, the sources involved in tendering process, who wished not to be identified, told Reuters....
International companies trading in New York closed sharply higher Tuesday after the Dow Jones Industrial Average surged to a new record. Alumina Ltd. shares rose 2.6% to $4.69 after logging a drop of more than 4% on Monday. Shares of Sims Metal Management Ltd. (SMS, SGM.AU) gained 1.5% to $10.57.
Commodities giant Glencore supplied thousands of tons of alumina to an Iranian company that has provided aluminium to Iran’s nuclear programme. The previously undisclosed barter arrangement between Glencore, the world’s biggest commodities trader, and the Iranian Aluminium Company (Iralco)...
According to China Customs, the imported alumina was 5,020 thousand tons in 2012 and has increased 167% over the same period. Australia and India are the main import countries, while 4,660 thousand tons from Australia and 140 thousand tons from India occupied 93% and 3% of the total import volume...
Indian state-run National Aluminium Co Ltd (Nalco) had issued a tender to export 30000 t of alumina for delivery this month on free-on-board (FOB) basis, two company sources said on Friday. The last date for submission of bids was March 6, said the officials, who did not want to be named as they...
Australia-based bauxite mining company Alumina Limited has reported a net loss of $62.1m for the full year 2012, reversing the previous year profits of $126.6m. The miner also reported a 13% drop in revenues to $5.8bn from its subsidiary Alcoa World Alumina and Chemicals (AWAC), as against revenues...
Despite great resource potential, government bureaucracy and local sensitivities have effectively stymied India’s bauxite/alumina expansions in the country. It is likely that smelter production will move well ahead of domestic alumina availability requiring higher imports over the next several...
Australia's Alumina Ltd on Thursday said it was unlikely to bid for Rio Tinto's Pacific Aluminium business, but did not rule out that its new Chinese shareholder, state-owned CITIC Group, might be interested. "I don't believe that the intention of them (CITIC) coming on to our register has anything...
RSB Metaltech Ltd, part of the Odisha based RSB Group, has sought long-term bauxite supply for its 0.70 million tonne per annum alumina refinery proposed at Rayagada. “Considering the mega investment and the corresponding socio-economic development for the state arrangement of sourcing of bauxite...
India's state-run National Aluminium Co Ltd (NALCO) has sold 30,000 tonnes of alumina at about $357 a tonne free on board, company sources said on Saturday. Alumina will be shipped next month to a buyer in Hong Kong. NALCO, whose tenders serve as an international benchmark, last sold the same...
Alumina traders are struggling to find any available cargoes in the first quarter of 2013, as many producers sold forward much of their first-quarter material and will not be responding to enquiries until late March, when they will have material available for the second quarter. Metal Bulletin’s...
National Aluminium Company ( Nalco), which has an exportable alumina surplus of nearly one million tonne per annum, stands to gain Rs 250 crore if it agrees to sell the intermediate product to its competitor - Vedanta Aluminium Ltd (VAL). The business deal, though apparently lucrative, is not...
After its alumina refinery at Lanjigarh was shut due to lack of bauxite, now operations at Vedanta’s aluminium smelter in Odisha have been hit by shortage of alumina. Time and again, Vedanta Aluminium Limited (VAL) has asked National Aluminium Company Limited ( Nalco), which has surplus alumina, to...
