Impact Minerals plans staged 4,000-tpa HPA production in US
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 withholds Aughinish Alumina meeting notes amid Russia export review
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
Asia Pacific region's alumina weakened by unplaced cargoes
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...
4.4% RETURN SEEN TO DATE ON SMARTREND ALUMINA CALL (AWC)
SmarTrend identified a Downtrend for Alumina (NYSE:AWC - Snapshot Report) on May 03, 2011 at $9.65. In approximately 2 months, Alumina has returned 4.4% as of today's recent price of $9.23. In the past 52 weeks, shares of Alumina have traded between a low of $5.03 and a high of $11.46 and are now...
Buying bagged alumina for Siberia smelters costly for Rusal: source
The Khakas Republic has reconnected a broken railway bridge across the Abakan River, paving the way for Russia's Rusal to resume deliveries of bulk alumina to its aluminum smelters in Siberia, a source familiar with the plants' operations said Tuesday. After the bridge collapsed on May 7 Rusal...
New Alumina Index Pricing Winning Over Opponents-Aluminum Producers
The new method for dictating how alumina contracts are priced is gaining traction, even among aluminum producers that previously opposed it, they told a conference Tuesday. The world's largest aluminum producers, including U.S.-based Alcoa Inc. (AA) and London-listed Rio Tinto Alcan, a subsidiary...
OSC and Sohar Aluminum sign agreement for 15 year alumina transportation
Reportedly, Oman Shipping Company SAOC and Sohar Aluminum signed a 15 year agreement for alumina carry which will ship 690,000 tonnes of alumina to Oman from Australia. Meanwhile, Sohar Aluminum’s annual aluminum production is at around 360,000 tonnes to 370,000 tonnes. The company’s raw materials...
Chinese alumina import in April drops by 52pct YoY~
According to the data released by General Administration of Customs, China imported 130,000 tonnes of alumina in April. In addition, the country’s imports of alumina in the first 4 months of 2011 totaled 830,000 tonnes dropped by 52.4% YoY. Meanwhile, China’s imports of unwrought aluminum and...
Ukraine Q1 alumina exports up by 5pct YoY
Ukraine exported 375,290 tonnes of alumina in the Q1, soared by 5.4% YoY. At the same time, the export figure of alumina amounted USD 116.79 billion. In addition, the country exported 126.94 thousand tons of alumina in March, up by 11.1% from February increase by 3.5% YoY. Also, the export figure...
Barged alumina delays leave smelters on alert
Severe flooding along two major Midwest waterways has ground shipments of barged alumina to a halt, forcing five of the country’s largest smelters to consider shipping alternatives and jeopardizing nearly 1.3 million tonnes of annual domestic aluminum capacity. According to market sources, five...
Labor move will benefit Chinese: Alumina
LEADING alumina/aluminium producer Alumina has warned that the fast-growing Chinese industry will benefit from the Gillard government's planned introduction of a carbon tax at the expense of the Australian industry. Chairman Don Morley told shareholders at the group's annual meeting in Melbourne...
Ukraine Jan-March Alumina Exports +5.4% On Year At 375,290 Tons
Ukraine exported 375,290 metric tons of alumina in January-March, 5.4% more than in the corresponding period in 2010, the government reported Thursday. The exported alumina was worth $116.79 million. Alumina exports in March totaled 126,940 tons, 11.1% more than in February this year and 3.5% more...
Dollar Swaps Offering Savings as Alumina Eyes Debut Sale: Australia Credit
... Alumina Ltd. (AWC), Alcoa Inc.’s partner in Melbourne, may consider selling its first bonds in Australian dollars and take advantage of the currency swaps market where savings are almost double the 10-year average. The five-year Australian dollar basis swap has risen 0.3 basis point this month...
Bauxilum alumina sales down by 7pct in March
...Worldal reported that Venezuela's CVG Bauxilum alumina sales rose 6.8% to 104,277 tonnes in March down from 111,831 tonnes in March 2010. Bauxilum said that March alumina sales were up 4.7% however from sales of 99,607 tonnes in February 2011. Of March alumina sales, 58,024 tonnes were domestic...
Alumina Limited (AWC) Posts Large Volume Increase, Hits $9.79
...Shares of Alumina Limited (AWC) saw unusually high trading volume on Monday. Approximately 243,674 shares changed hands during mid-day trading, an increase of 13.29% from the previous session. The stock last traded at $9.79...
China LME linked alumina imports seen down on high prices
...Reuters reported that rising LME linked alumina prices are prompting Chinese smelters to accelerate a shift to cheaper domestic supplies and delay, divert or resell term arrivals which are expected to decline further after hitting 8 month low in February...
China LME linked alumina imports seen down on high prices
...Reuters reported that rising LME linked alumina prices are prompting Chinese smelters to accelerate a shift to cheaper domestic supplies and delay, divert or resell term arrivals which are expected to decline further after hitting 8 month low in February...
China February primary aluminum imports & exports fall
... According to China Customs figures disclosed on March 21, China February primary aluminium imports declined 6.88% YoY to 17,851 tons, February alumina imports declined 45.27% YoY to 224,741 tons. Below is the data list released by China Customs of primary aluminium, alumina, aluminum products,...
Chalco increases 137 million yuan to alumina and electrolytic aluminum business of Chalco
...luminium Corporation of China (02600) announced that the company succeeded in bidding 9.5% international trade equity of Chalco with the bid price of 115 million yuan (about 137 million yuan). After the deal, Shareholding of Chalco will rise to 100%...
Chalco increases 137 million yuan to alumina and electrolytic aluminum business of Chalco
...luminium Corporation of China (02600) announced that the company succeeded in bidding 9.5% international trade equity of Chalco with the bid price of 115 million yuan (about 137 million yuan). After the deal, Shareholding of Chalco will rise to 100%...
