Alumina/Bauxite latest news

  • May 2014

    Orbite receives funding for HPA facility in Quebec

    29 May 2014

    This facility has the potential to displace the C$3bn in alumina Quebec currently imports annually, before the company looks to export to Europe and the rest of the world.

  • Orient Refractories posts 16.5% increase in March quarter profits

    29 May 2014

    The Indian monolithics producer is owned by Austrian refractories company, RHI AG, and was cited as a bright spot in the company’s latest earnings statement as Orient’s sales to the Indian steel industry outperform RHI’s operations elsewhere in Asia.

  • China leads in global steel production despite its economic slowdown

    29 May 2014

    Despite overcapacity and high raw material costs, global steel production achieved a record high this year. However, China’s dominance over the industry could lessen over the coming years as government plans to shut down inefficient plants comes to fruition.

  • Kerneos explores new markets for calcium aluminates

    27 May 2014

    Kerneos opens new R&D centre in China; Products for mortars, sewers

  • Video News: Refractories Special

    27 May 2014

    RHI acquires DBM plant; refractory market hit by Chinese steel shutdowns; Magnesita Refractarios; looks ahead

  • Nabaltec AG reports strong Q1 results as fillers, refractories, recover

    27 May 2014

    The latest set of results from the speciality alumina producer show that its development of new products in the fillers and flame retardants field has paid off, as well as providing a degree of optimism for refractories markets, looking ahead.

  • BP and Rosneft defy US sanctions to ink shale oil deal

    27 May 2014

    White House-imposed sanctions against the president of Rosneft have not deterred BP and other western firms from forming alliances with Russian companies. Increasing shale oil production in Russia would positively impact frac sand and proppant producers, which may now feel more comfortable trading with Russia in the wake of deals signed by major international oil and gas companies.

  • First Bauxite underlines money woes in Q2 results

    23 May 2014

    First Bauxite’s predicament – a junior miner with a good asset and offtake agreements but a need for more equity — is a common one. However, as only one of two refractory grade bauxite producers outside of China, it is important for future supply that the project does come to fruition.

  • China’s GengSheng Minerals Inc. receives delinquency letter from NYSE

    22 May 2014

    The halt in trading will come as a blow to GengSheng, which was at pains to emphasise its new leap to OTC trade. However, this is not a permanent condition and can be easily resolved – whether or not the stock will suffer when it is remains to be seen

  • Vulcan Refractories receives £1m investment

    22 May 2014

    Investment in Vulcan Refractories demonstrates the ongoing recovery of the European refractories market despite the difficulties faced in other regions of the world.

  • ICCA 2014: Kerneos explores new markets for calcium aluminates

    22 May 2014

    By opening a new R&D centre in China and developing new calcium aluminate cement-based products, the French world leading producer is diversifying, while it expects demand in the refractory and construction markets to rise again in H2 2014.

  • S&B Minerals record lower profits in Q1 2014 on higher costs

    15 May 2014

    Lower year-on-year profits in the first three months of this year reflect a moderate increase in sales of industrial minerals for foundry and specialty industries and lower demand from the construction and horticulture. The company will have to reduce debts in order to offset the negative impact of currency exchange on its profits.

  • Ma’aden net profit declines 48% as prices dip across all products

    15 May 2014

    Phosphate-based fertiliser producer Ma’aden saw its profits slashed despite increasing volumes sold, as prices of DAP and ammonia have remained low over Q1 2014. However, the company’s continuing development in its King Abdullah phosphate project indicates it believes the investment will pay off and markets will pick up.

  • Orbite Aluminae eyes H2 2014 for costings on 5 tpd HPA facility

    13 May 2014

    Despite some speakers at this year’s Bauxite and Alumina conference saying that high purity alumina projects which used kaolinic clay as a feedstock would struggle to be commercially successful, Orbite’s set of results show that the company continues to advance and plan for the future.

  • Refractory market could suffer from Chinese steel company shutdowns

    12 May 2014

    The government’s actions against the steel, cement and glass industries, to reduce pollution and cut overcapacity would impact industrial minerals like alumina, andalusite, bauxite, graphite, magnesia and zircon

  • IFGL Refractories move to increase US, Indian refractories capacity

    12 May 2014

    The latest set of results for the India-headquartered company show that the steel industry is picking up worldwide as orders increase for the company’s products

  • GengSheng announces voluntary delisting from NYSE

    12 May 2014

    The delisting of its common stock and instead looking to trade in an OTC manner represent the company’s desire to function in a more transparent market-friendly way. It has also been open about its struggles within the domestic refractories market and the difficulties it has faced with the US market.

  • Tasmania Minerals Council slams Green Party on mining tax

    09 May 2014

    Australia’s minerals industry in the last two years was characterised by lower commodity prices, high industry costs and the scaling back of capital expenditure plans. Minerals associations in the country are calling for more legislative support to boost production volumes.

  • Price Briefing 2 – 8 May

    08 May 2014

    Refractory bauxite prices stable while rutile and fertiliser minerals offer bleak outlooks

  • Refractory bauxite prices stable on level demand

    06 May 2014

    Market steady but consumers not moving to restock inventories

  • Hudson Resources commences licensing of Greenland anorthosite project

    06 May 2014

    The White Mountain Anorthosite project, will provide new sources of feedstock, alumina and filler material to the European, North American and Asian market, increasing Hudson’s global presence.

  • Oilfield minerals at risk as Russia files dispute with WTO against EU

    02 May 2014

    A World Trade Organization ruling against Russia could further sour the country’s relationships with the EU. This could in turn risk the security of Europe’s supplies of gas and oilfield minerals from Russia, as well as curtailing Russia’s own imports of these materials.

  • Pakistan dry bulk port moves forward

    01 May 2014

    New facilities at Port of Qasim should be up-and-running in two years and are set to boost cement mineral demand, inlcuding limestone, and cement refractory minerals such as bauxite, mullite, and andalusite.

  • Speciality alumina market looks promising

    01 May 2014

    If the spate of recent reports is to be believed, there could be areas of growth in the high purity alumina market, which have not been considered by developers. Rising Chinese interest and new markets are encouraging for those developing projects, such as AMMG or Orbite Alumina

  • Price Briefing 25 April – 1 May

    01 May 2014

    Alumina and lithium prices strengthen while kaolin and TiO2 show weakness