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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Expecting a three-fold increase in alumina exports to about 3 million tonne per annum (MTPA) in the next three years, state-run NALCO is set to revamp its port handling facility at Visakhapatnam. "We expect alumina exports to attain a peak of 2.7 MTPA by 2014-15 and will soon revamp the existing...
Ukraine exported 1.15 million metric tons of alumina in the first nine months of the year, 7.9% more than in the corresponding period of 2010, the government reported Monday. The exported alumina was worth $372.98 million. Alumina exports in September totaled 121,990 tons, 7.6% less than in August...
China’s alumina imports jumped in October to levels not seen since February as higher domestic prices nearly erased the gap with London Metal Exchange prices. Alumina shipments totalled 261,350 tonnes in October, compared with 80,421 tonnes in September, according to customs data today.
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 1.7% to $5.94. The Dow Jones Industrial Average is now trading 0.2% higher to 12,104 and the S&P is trading 0.3% higher to 1,255. Alumina share prices have moved between a 52-week high of $11.46 and a 52-week low of $5.15 and are...
Iran says its aluminum and alumina exports have exceeded USD 267 million in the first seven months of the current Iranian year (started March 21). According to the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO), the figure indicates a 32-percent increase over the...
According to the preliminary data from the General Administration of Customs, China's imports of unwrought copper and copper semis were 383,507 mt during October, with YTD imports from January to October at3,112,261 mt, down 13.5% YoY. China's imports of scrap copper were 380 kt during October,...
The Australian alumina spot price continued at $340/mt FOB on Tuesday, unchanged from Friday, as spot activity remained sparse. Platts did not assess the market on Monday, November 7, as Singapore was closed for a national holiday. The market is "dead quiet," a European trade source said. "We...
Scrambling to extend the life of its mines, four of which are set to conclude by 2020, China's Minmetals Resources Ltd. is on the prowl to acquire Australia-based miners Mirabela Nickel Ltd. and Alumina Ltd., with a $7 billion to boot to capture the two companies' nickel, bauxite and alumina...
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 5.7% to $6.26. The Dow is down 1.2% to 12,090 and the S&P is currently down 1.3% to 1,269. Potential upside of 43.8% exists for Alumina, based on a current level of $6.26 and analysts' average consensus price target of $9.00. The...
China will import 6 million-10 million metric tons of alumina a year by 2021 as its demand for aluminum raw material increases in line with sustained growth in the country, a senior executive at Norsk Hydro told Dow Jones Newswires Wednesday. China will import just less than 2 million tons of...
Indian state-run National Aluminium Company has issued a LME-linked tender for export of 240,000 tonnes of alumina in 2012, a senior company official said on Tuesday. The last date for submission of bids is Nov. 8. The deliveries would be made in batches between January and December next year,...
China's alumina imports are set to jump further after more than doubling in September as higher domestic prices nearly erase the gap with London Metal Exchange prices.
The Cabinet, we have been told, has signed off on the sale of the Government's 45 per cent stake in the Jamalco alumina refinery, which will remove one of the sticking points in Jamaica's negotiations with the International Monetary Fund (IMF) for the rehabilitation of its stalled standby agreement...
China's alumina imports more than doubled in September compared to August's multi-year low, as higher domestic prices narrowed the gap with London Metal Exchange prices. Alumina imports rebounded to 80,000 tonnes in September from 35,144 tonnes in August, reversing an eight-month slide.
Prime Minister Bruce Golding is reporting that the Jamaica Government is now closer to divesting its shares in Clarendon Alumina Production.(CAP) The divestment is a key commitment the Jamaica Government made in the Stand-by agreement with the International Monetary Fund (IMF). Aluminium Giant UC...
Bottlenecks in the supply of bauxite and alumina will be a key issue for the aluminum industry, and in particular for China, in the coming months, Norsk Hydro chief executive said Wednesday. "Bauxite and alumina will be the first place in the value chain that we'll see bottlenecks going forward,...
Ukraine exported 1.024 million metric tons of alumina in January to August, 8.9% more than in the corresponding period in 2010, the government reported Thursday. The exported alumina was worth $331.49 million. Alumina exports in August totaled 132,000 tons, 2.2% less than in July this year and...
One of today's notable stocks in decline is Alumina (NYSE:AWC), down 3.3% to $5.32. The S&P is trading lower by 0.3% to 1,133 and the Dow is trading 0.2% higher to 10,795. Alumina (NYSE:AWC) has potential upside of 66.9% based on a current price of $5.39 and analysts' consensus price target of...
