Alumina/Bauxite latest news

  • January 2015

    Carbo sees 2014 income fall 30% as low oil prices hit proppant sales

    29 January 2015

    Carbo Ceramics saw its ceramic and resin-coated proppant sales plunge owing to the drop in oil prices, particularly in the second half of last year. Frac sand sales drove total volumes up, however, the company expects the current difficult price environment to continue throughout 2015.

  • Ashapura post higher income on bentonite, bauxite, sales

    29 January 2015

    The higher income from continuing operations shows that India’s minerals industry is still healthy, in contrast to other companies' results indicating weakness in markets elsewhere.

  • Moratorium placed on fracking in Scotland

    28 January 2015

    Just days after the UK government rejected calls for a moratorium on fracking, the Scottish government has decided more research and public approval needs to be sought before development can go ahead.

  • Lancashire Council defer decision on Cuadrilla fracking plans to later date

    28 January 2015

    The decision comes as something of an anti-climax after the UK Parliament said it would not impose a moratorium on fracking earlier in the week and suggested that shale gas exploration in the country was getting closer to being a reality.

  • UK Parliament rejects calls for fracking halt

    27 January 2015

    MPs overwhelming voted against proposals for a moratorium on fracking but did opt to include amendments to ensure the industry is well regulated, meaning that the industry may still have a future in the UK.

  • Chinese alumina supply tightens as Spring Festival approaches

    27 January 2015

    China's alumina price is expected to stay flat, despite tightening of supply. But after the Spring Festival, some new supply is expected to come online which will put some downwards pressure on alumina prices, but increase demand for bauxite.

  • China MLR sets 2025 as mining reform target

    27 January 2015

    The country has made a series of policy announcements over the last five years pertaining to improved resource management, including its national mineral plan which it aims to implement in its entirety within the next decade.

  • Guyana’s bauxite industry under spotlight as ministers take to local press

    26 January 2015

    Guyana is one of the world’s leading sources of calcined refractory-grade bauxite and — despite a reported upturn in exports — the industry is seen to be “stagnating” and “facing serious challenges”. It is certainly true that demand hasn’t picked up as the recession continues to take its toll, but as inventories run lower, there is a chance for Guyana to become more strategically important in 2015.

  • World steel production up 1.2% in 2014

    22 January 2015

    Steel consumption has remained on an upwards trajectory — just. The levels produced are below those expected and there is a marked difference from Asia's rate of growth as well as the CIS levels in 2014.

  • Yangquan, China, announces measures to revitalise refractory industry

    22 January 2015

    The latest meeting, held at local government level, forms part of a wider initiative to revitalise and consolidate China’s refractory industry. For now, no parameters or fines have been set for the 65 companies who were in attendance at the meeting, but it is unlikely that a levy for noncompliance won’t be issued.

  • MIIT releases second list of approved alumina companies

    21 January 2015

    The move to control China’s alumina and aluminium industry was announced in 2013, with the list of affected companies released in January. The latest update shows that the government is serious about asserting control over the industry – of which industrial minerals account for about 5% of total production.

  • WISCO Refractory Materials Co., Ltd sign first Chinese strategic agreement with steel company

    16 January 2015

    The strategic agreement is the first such agreement in China between a refractories company and a steel and iron producer, which may be the start of a more integrated industry pattern. It also shows the effort individual companies are making to implement the government’s plans to reform the refractories industry in China.

  • Zibo refractories companies inspected by Environmental Bureau

    16 January 2015

    The latest round of inspections show that officials mean to work fast on their pledge to clean up the refractories industry in Zibo city, Shandong Province. This policy has already led to the shutdown of 43 companies and it remains to be seen whether more will follow.

  • Chinese refractory demand expected to fall to 24m tpa by 2017 — China Refractory Association

    16 January 2015

    The comments by China’s leading refractory association confirm what has been suspected for a while – that the country’s refractories industry is struggling to maintain traction in a bearish market. Further, it underlines what the possible impact of the government actions to modernise the industry could be. However, the forecast is not one which has been supported by other analysts, which broadly believe Chinese refractory demand will grow

  • MIIT announces new standard conditions for China’s refractories industry

    16 January 2015

    The fresh set of rules shows how far the government is willing to go to rejuvenate the Chinese refractories industry. The new standard conditions could be regarded as disruptive, as they seek to completely change working practices in China. In the long run however, the impetus to build a sustainable and competitive refractories industry is clear.

  • Intercargo issues bauxite dry bulk shipping warning

    15 January 2015

    Shipping association reminds dry bulk operators of the danger of liquefying dry bulk cargoes

  • Altech Chemicals looks to Malaysia for HPA plant

    13 January 2015

    Altech are pressing on with their plans to become a large scale HPA producer. The incorporation of a Malaysian subsidiary is expected to make doing business in the country a lot easier

  • Dubai International Capital rumoured to be preparing for Almatis sale

    12 January 2015

    The importance of the sale for Almatis would be the transfer of the business from a company that has had to be light on spending, to one which, if purchasing assets, seems likely to have significant capacity for investment in Almatis’ operations.

  • Orbite Alumina close to receiving red mud patent

    09 January 2015

    Orbite Aluminae's technology could be a gamechanger for the bauxite industry as the company claims that it can process and extract valuable by products from red mud waste.

  • EU antidumping to boost European glass fibre market

    08 January 2015

    European fibreglass producers have welcomed the restrictions on Chinese imports, which they believe undercut prices and undermine European industries, while industrial mineral producers serving this market also stand to benefit from customer diversification.

  • Final payment in Holcim-Cemex deal cements European consolidation

    06 January 2015

    Holcim has completed a series of consolidative transactions for its European business arms with Cemex. By focusing on their respective key markets, both companies will hope to increase construction demand and the consumption of construction minerals.