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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India's state-run National Aluminium Co Ltd (NALCO) sold 30,000 tonnes of alumina for about $324 a tonne free-on-board via a tender, a senior company official said on Thursday. The alumina to be shipped next month was purchased by a Hong Kong-based trader, Ansuman Das, commercial director at NALCO,...
Ukraine exported 1.554 million metric tons of alumina in 2011, 7.9% more than in 2010, the government reported Wednesday. The exported alumina was worth $527 million. Alumina exports in December totaled 142,230 tons, 3.1% more than in November and 1.3% more than in December 2010. The alumina...
Alumina (NYSE:AWC) is one of today's notable stocks in decline, down 1.6% to $5.40. The S&P is trading lower by 0.2% to 1,310 and the Dow is trading 0.4% lower to 12,603. Alumina share prices have moved between a 52-week high of $11.46 and a 52-week low of $4.47 and are now trading 21% above that...
SADIF Investment Analytics, announces a new Rating Update Report covering Alumina Limited (ADR) (AWC). The report uses SADIF's powerful StockMarks™ stock rating system and contains important analysis for any current or potential Alumina Limited (ADR) investor. Report Summary: Alumina Limited (ADR)...
SADIF-Investment Analytics has applied its StockMarks™ stock-rating system to Alumina Limited (ADR) and produced a Rating Update Report, rating the company's attractiveness to long-term investors. Ilhavo, Portugal – SADIF Investment Analytics, announces a new Rating Update Report covering Alumina...
We've all heard the lines about increasing global competition for natural resources. The world is not the same as it was ten or even five years ago. New sources of demand have emerged for oil, iron, copper and natural gas. And competition for all of these resources has become fiercer. This isn't...
India's state-run National Aluminium Co Ltd (NALCO) sold 30,000 tonnes of alumina for around $318 a tonne free-on-board via a tender, a senior company official said on Tuesday. The alumina to be shipped next month was purchased by a European trader, Ansuman Das, commercial director at NALCO, told...
China's imports of unwrought aluminum and aluminum semis were 103,738 mt in December, with YTD imports from January to December at 910,487 mt, down 4.7% YoY. Alumina imports were 200 kt during December, with YTD imports from January to December at 1880 kt, down 56.4% YoY. China's imports of scrap...
Chinese aluminium smelters will reduce term imports of alumina even further in 2012 from last year's lower volumes due to cheaper supplies of the raw material at home, industry sources said on Wednesday. Top domestic alumina producer, Aluminum Corp of China Limited (Chalco) , has agreed to supply...
Indian state-run National Aluminium Company (NALCO) has issued a tender for export of 30,000 tonnes of alumina for delivery next month on FOB basis, a senior company official said on Tuesday. The last date for submission of bids is Jan. 17, Ansuman Das, director, commercial, told Reuters. NALCO,...
Aluminum maker Alcoa allegedly paid $5 million in bribes to the former chief executive of Bahrain’s state-owned aluminum company and ten million of dollars in bribes to a former Bahrain official as part of scheme to land contracts at inflated prices, according to a new court filing in a...
Reference is made to the announcement of the Company dated 28 March 2011 in relation to certain continuing connected transactions regarding the purchase of alumina products and limestone by members of the Group from BCP, an associate of En+. The Company announces that during December 2011,...
In 2011 alumina import on a declining curve in Qinghai Province. First of all, with the improving alumina deliverability in domestic leads to less import demand. From January to July, China alumina output reached to 20,460 thousand tons increased 18.9%, at the same period production of electrolytic...
According to China Customs, China imported 230,000 mt of alumina during November, down 16% YoY. Total alumina imports from January to November were 1.68 million mt, down 57% YoY. China’s alumina imports fell continuously in the first three quarters of 2011, but began to grow noticeably in 4Q 2011....
The Inter-American Development bank has approved a $40 million loan to boost Suriname's financial sector. IDB team leader Frank Nieder says the economy of the South American country has grown in the past five years and that the loan will help accelerate that growth. The loan announced Friday is the...
Chinalco has lowered its alumina prices by 6.7% to CNY2800/Ton, the company said on Thursday. Analysts said the price cut likely indicates a bearish outlook for the aluminium industry from the country’s largest aluminium producer due to global economic uncertainty and a lack of clarity on the...
Australia's Gladstone port in the state of Queensland handled 344,936 mt of outbound alumina shipments in November through eight vessels, statistics published Wednesday by the local port authority indicated. Of these, 143,523 mt were domestic shipments, while 76,970 mt were bound for Russia, 26,250...
Ukraine exported in January-October 1.274 million metric tons of alumina, 8.5% more than in the corresponding period in 2010, the government reported Monday. The exported alumina was worth $419.78 million. Alumina exports in October totaled 127,042 tons, 4.5% more than in September this year and...
