Alumina/Bauxite latest news

  • April 2015

    Carbo reports net loss as ceramic proppant demand falls faster than rig count

    30 April 2015

    North American proppant producer Carbo posted a net loss for Q1 2015 as exploration in the oil and gas industry continues to shrink, along with demand for the company’s proppant products. With many companies predicting additional cutbacks on exploration in the second quarter, Carbo plans to focus on reducing production and costs in an uncertain market.

  • Orbite on schedule to complete Quebec HPA plant

    30 April 2015

    Orbite remains on track to start commercial production of high purity alumina from its plant in Cap-Chat, Quebec, in the third quarter of this year. The company reported a narrowing of losses as it gets closer to commercial production.

  • Imerys sees 7.7% revenue growth thanks to S&B acquisition

    29 April 2015

    Leading industrial minerals producer Imerys saw its revenue and operating income increase owing to the positive impact of its S&B acquisition, finalised earlier this year, and the effects of positive currency exchange. However, lower steel production and a drop in oil and gas exploration has hit its refractories and proppants business, the effects of which are likely to trickle into Q2.

  • Altech Chemicals signs MoU with Melewar to develop HPA plant

    29 April 2015

    Altech Chemicals, which is hoping to become the leading low-cost supplier of HPA, says its MoU with Melewar Integrated Engineering will help the company to proceed with its Malaysian HPA project without compromising on quality or time.

  • Altech starts permitting process for Malaysian HPA plant

    23 April 2015

    The company is pushing ahead with plans to become a large-scale HPA producer and expects its BFS to be completed by the third quarter of this year. Altech is designing its plant to meet both international and Malaysian environmental standards.

  • Price Briefing 10 – 16 April

    17 April 2015

    Fused alumina on the slow burn; bentonite stable despite oil price decline.

  • Altech appoints Castle as operator for Australian kaolin deposit

    15 April 2015

    Altech Chemicals, which is hoping to become the leading low cost supplier of HPA using its Meckering kaolin as a feedstock, has signed an MoU with Castle Equipment as contractor and operator owing to its experience in mining services. This brings the company one step closer to completing its BFS on time, due in Q3 2015.

  • Fused alumina prices creeping up as Chinese competitiveness wanes

    14 April 2015

    China prices still used as benchmarks; industry remains in oversupply.

  • Opta Minerals exits refractories business

    13 April 2015

    The Canada-based processing company of several materials such as alumina, bentonite, chromite sand and garnet announced that it has decided to withdraw from the refractories business to focus on its other core steel businesses. The news comes as the company’s CEO acknowledged that its industrial minerals group is underperforming, as it continues to experience tough economic conditions and fierce competition.

  • Orbite gears up for commercial production of high purity alumnia

    09 April 2015

    CEO Glenn Kelly says that Orbite shipping HPA to five prospective customers is an “important milestone”. The news comes as the company is gearing up to start commercial production of HPA at its production plant in Cap-Chat, Quebec, in the third quarter of this year.

  • Price Briefing 27 March – 2 April

    02 April 2015

    Antimony prices fall by 50% since 2011; price wars put pressure on Chinese magnesia.