Alumina/Bauxite latest news

  • December 2015

    BC earthquake caused by fracking

    21 December 2015

    The BC Oil and Gas Commission in Canada has determined that the August earthquake in Canada was triggered by fracking. Although no damage was reported, the severity of the 4.6 tremor is higher than expected from fracking activity.

  • Bauxite and alumina: Year in Review 2015

    21 December 2015

    A roundup of the year's main events in the global bauxite and alumina industries.

  • UK government increases total fracking licences by 50%

    18 December 2015

    The UK government is driving ahead with its plans to ensure UK energy security, placing emphasis on the importance of fracking. It has now offered Cuadrilla additional exploration licences in England, which the company plans to study extensively over the next year.

  • Albemarle sells flame retardants and speciality chemicals businesses to Huber

    17 December 2015

    The divestment comes as part of a broader move by Albemarle to hone its focus on its core business areas of bromine, lithium, catalysts and surface treatment, while Huber tries to extend its geographic reach in flame retardants.

  • Hudson pulled up on PEA deficiencies

    16 December 2015

    The Canada-based exploration company published a PEA in March for its Greenland anorthosite development. However, Hudson has had to amend the document after the BC Securities Commission discovered a number of discrepancies in it.

  • Orbite pushes back commercial production date for HPA plant for second time

    16 December 2015

    The Canadian company planned to bring its HPA facility online by the end of this year. However, commercial output at the Cap-Chat-based plant will take a little longer to start than anticipated, as the construction process has run into delays for the second time this year for the same reason — a dispute with a contractor.

  • EIA increases global shale oil and natural gas estimates

    15 December 2015

    Having added resources from Chad, Kazakhstan, Oman and the UAE to its analysis, the EIA has increased its global oil and gas estimates. A number of factors need to be addressed before commercial production takes off, including oil and gas market prices, operating costs and other resources.

  • UK needs to get fracking, says Task Force on Shale Gas

    15 December 2015

    While the economic benefits of fracking in the UK have been widely touted by supporters, an industry funded panel has said the only way to find out how beneficial the industry will be is to start drilling.

  • Altech Chemicals close to finalising German credit cover for HPA project

    10 December 2015

    Unlike many of its contemporaries, the company seems to be bucking the trend of not being able to obtain finance for its project. Altech has received a letter of interest for German export credit cover for its HPA development.

  • Colorado fracking bans brought before high court

    09 December 2015

    The Colorado Oil and Gas Association has challenged fracking bans in Longmont and Fort Collins, saying they are preempted by existing regulation in Colorado. The cases could have implications in other states and industries, addressing the authority of local and state governments.

  • Solvay officially completes Cytec takeover

    09 December 2015

    The Belgian company has finalised the acquisition of its US counterpart Cytec, marking a step change in Solvay’s portfolio upgrade. Solvay has now embarked on integration plans as it aims to fully consolidate Cytec within the group as of from 1 January 2016.

  • Guyana gives green light to First Bauxite for mining licence extension

    09 December 2015

    The Canada-based company is setting the wheels in motion for its Bonasika ceramic proppant project in Guyana, as it receives news from the Latin American government that it has approved a mining licence extension for the development.

  • OPEC refuses to cut oil production in oversupplied market

    08 December 2015

    The organisation has said a production cut of 5% would not push oil prices up unless non-OPEC countries also participated in capacity reductions, indicating the growing sway of the US oil sector.

  • Double Crown in negotiations with second high grade barite customer

    07 December 2015

    While fracking activity has seen a decline in line with tumbling oil prices, Nevada-headquartered Double Crown has seen growing interest in its 4.2 barite owing to its high grade and a resurgence in re-fracking wells.

  • Altech signs finance mandate with German bank for HPA project

    02 December 2015

    The Australian company is stepping up its project funding efforts by executing a senior debt financing mandate with German state-owned KfW IPEX-Bank in order to push forward with its Malaysian high purity alumina development, which is due to come online by 2017.