Alumina/Bauxite latest news

  • May 2015

    Indian government toughens measures to check illegal mining

    28 May 2015

    After making crucial amendments to the Mines and Minerals (Development and Regulation) Act 1957, Indian government has decided to curb illegal mining by authorising state governments to frame rules and deploy committees to control unpermitted operations.

  • Orbite to use potential tax credits to help fund HPA plant

    28 May 2015

    Orbite Aluminae believes it is eligible to receive a financial boost in return for investments to be made in the Gaspe region, which will help its coffers and balance sheet for its planned 3 tpd HPA plant based in Quebec. The facility is due to come online in the third quarter of this year.

  • ExxonMobil, Chevron reject fracking impact proposals

    28 May 2015

    The vote on whether more should be done to investigate the impacts of fracking proves that while there is still some concern surrounding the process, the majority of ExxonMobil and Chevron shareholders are confident that operations are effectively managed.

  • Orient Refractories posts 7.6% dip in March 2015 quarter profits

    27 May 2015

    RHI-owned Orient Refractories posted lower profit but higher income in its latest financial results. The news comes as India’s economy and steel industry continues to grow.

  • Oilfield Minerals Results Review

    27 May 2015

    Fairmount Q1 income falls as demand for coated proppants slows; Hi-Crush Q1 2015 revenues up despite challenging market; Emerge Energy’s first quarter profit drops as frac sand prices fall sharply; Carbo reports net loss as ceramic proppant demand falls faster than rig count; Halliburton posts Q1 net loss; predicts further rig count drops; Baker Hughes posts net loss as a result of “extreme market forces”

  • Four US states challenge federal government fracking regulation via lawsuit

    26 May 2015

    Following a new rule implemented by the US Interior Department in March, Utah, Wyoming, North Dakota and Colorado are collectively planning to put forward a lawsuit challenging the regulation, which affects public and tribal land. The states believe the rule is pointless, could cost millions of dollars a year, and that fracking should be regulated locally owing to broad differences in geology between various locations.

  • Kerneos to push back Indian CAC plant opening to 2017

    21 May 2015

    The France-based calcium aluminate producer plans to complete the construction of its $20m Vizag production plant in India within the next two years, as the country’s infrastructure and demand for refractory products used in the steel industry grows.

  • Sasol Performance Chemicals expands alumina spheres production

    21 May 2015

    The Germany-based high purity alumina producer is ramping up its production capacity, as it aims to satisfy demand in the growing refinery catalyst market.

  • New Texas bill stops local fracking bans

    20 May 2015

    Following a fracking ban in Denton, near Dallas, Texan governors have stepped in to provide new legislation that prohibits cities and towns from banning these natural oil and gas operations.

  • Mining companies set to return to Ebola-free Liberia

    14 May 2015

    Mineral production is set to be ramped up again, as the World Health Organization declared the mineral-rich West African nation to be Ebola-free.

  • Hudson concludes community meetings for Greenland anorthosite project

    13 May 2015

    Hudson is one step closer to obtaining exploration licences for its White Mountain property, as it aims to supply the fibre glass industry with speciality aluminas derived from anorthosite.

  • UK General election conservative victory to bolster energy and construction sectors

    08 May 2015

    The markets have spoken, and the rally of the FTSE and the pound shows confidence in a UK Conservative government. Though many mineral companies operate outside the UK, meaning the impact on their businesses will be minimal, the win is expected to to have a positive effect on the energy and construction sectors and the minerals used to supply them.

  • Orbite gets green light to patent red mud technology

    07 May 2015

    The rest of 2015 will be a busy one for the Canadian cleantech business as it gears up for commercial production of its HPA plant in Quebec in the third quarter of this year and develops its red mud process. The company says it has the potential to be a gamechanger in the bauxite and alumina industry by dealing with tailings in an environmentally sustainable manner.

  • Tor Minerals reports net loss as TiO2 revenue declines 39%

    07 May 2015

    The speciality alumina, barite, and TiO2 producer reported a loss of $190,000 in the first quarter of 2015 compared to a profit the previous year as revenue from its alumina business and particularly in TiO2 pigments fell. The situation was further compounded by negative currency fluctuations, leading the company to refocus investment on increasing capacity.

  • Coretrack commences commissioning of fly ash proppant plant

    05 May 2015

    Despite the fact that low oil prices are reducing global demand for oilfield minerals, pioneering developer Coretrack remains on target to begin initial production of its fly ash-based proppants in Q2 2015. Once in production, the company hopes to lead the industry.

  • Nabaltec AG reports strong FY 2014 results

    01 May 2015

    The latest set of results from Nabaltec show that it has reaped rewards from the development of new products in the fillers and flame retardants field. The company also says that it expects its boehmite and carbonate aluminium hydroxide range to grow this year.