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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BNamericas reported that workers at Venezuela's state alumina company Bauxilum have asked the government to review the forward sales contract that was recently signed with Swiss commodities trader Glencore International. A representative from Bauxilum's Suprabaux workers union said that "There have...
Japanese and Australian stock futures rose after U.S. retail sales increased by the most in four months, boosting the earnings outlook for Asian exporters as concern eased that the world’s largest economy may stall. American depositary receipts (ADRs) of Alumina Ltd. (AWC), a partner in the largest...
J.P. Morgan has published a research report on Alumina Limited (NYSE: AWC) lowering the price target by twenty Australian cents.
MELBOURNE-BASED Alumina Ltd has confirmed initial success in the five-year push to have alumina priced on a spot/index based system, with margins at its 40 per cent-owned AWAC joint venture with Alcoa improving as a result.
Chinalco recently holds meeting in Beijing to analysis production and operation of alumina enterprise. Party member and president of Chinalco, Luo Jianchuan attends the meeting. Senior vice president Liu Xiangmin presides at the meeting. Luo Jianchuan analyses the productive and operative condition...
Alumina Ltd (AWC): has a consensus rating of 2.0. This indicates that analysts have a buy recommendation on the stock. The latest rating action was on Aug 16, 2010 when Davenport upgraded the company from Neutral to Buy. The result of 2 opinions makes for a mean price target on the stock of $6.42...
Venezuelan state-run alumina and bauxite producer CVG Bauxilum’s board agreed to a $120 million future supply contract with Glencore International Plc, Correo del Caroni reported, citing Wilfredo Flores, a labor director. Bauxilum will supply Glencore with 1.4 million tons of alumina between 2014...
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter...
China's spot alumina prices have risen 7-9 percent since June due to increased demand and strong aluminium prices, and traders and analysts say prices could rise further in the second half on speculative buying. China is the world's top aluminium producer and has been ramping up its output of...
Customs data shows China’s alumina imports fell again to 72.2 kt during June, down 49.36% YoY, and with YTD imports from January to June down 56.73% YoY. Current overseas alumina spot prices were down slightly, but domestic alumina prices were up sharply, so SMM predicts China’s imports of alumina...
China’s alumina imports plunged in June, as domestic production continued growing strongly whilst import prices kept rising.
China’s alumina imports plunged in June, as domestic production continued growing strongly whilst import prices kept rising.
Norsk Hydro has a signed contract for Brazilian alumina using the Platts alumina index, Chief Executive Svein Richard Brandtzaeg said on Tuesday. "We have recently entered a contract that was index-linked instead of linked to the LME (London Metal Exchange)," he told Reuters in an interview.
The preliminary snapshot of the June trade figures doesn't include bauxite imports but they recorded consecutive fresh all time highs above 4 million tonnes in both April and May. Cumulative January to May imports of 17.3 million tonnes were up by 56% YoY. In other words, China is swapping one...
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
Platts alumina price benchmark closed Thursday at $378.50/mt FOB Australia, dropping $1.50/mt on Wednesday from unplaced cargoes. A consumer reported receiving an unsolicited offer at below $380/mt FOB Australia, for shipment in the second-half of August, for which it was likely to turn away. A...
