Alumina/Bauxite latest news

  • July 2015

    Tor net income plummets 170% as alumina and TiO2 sales decline

    31 July 2015

    Lower prices, negative currency translations and lower volumes sold across Tor’s alumina, TiO2 and barium sulphate products all contributed to the company’s Q2 loss. While growth is anticipated in speciality alumina volumes, the pigment industry is expected to continue to be plagued by low prices, demand and sales.

  • Vesuvius profit dips 6% in declining steel market

    31 July 2015

    The UK-based refractories producer said that its earnings are on course to meet its full year guidance for 2015, but warned that a return to overall growth in the steel market is not expected before 2017. No mention was made of Vesuvius’ failed bid to buy British rival Morgan Advanced Materials, but indications are that market observers have lost interest in the deal.

  • Hudson Resources seals major anorthosite deal with Owens Corning

    31 July 2015

    After two years of working together and testing Hudson's calcium feldpar material its White Mountain project in Greenland, Owens has concluded the product meets specifications for the production of its high-end fibreglass and signed a 10-year offtake agreement for the mineral.

  • Carbo posts $17m loss for Q2 but predicts switch back to ceramic proppants

    30 July 2015

    The North American proppant producer saw its revenues, earnings and sales plummet y-o-y as E&P companies continue to cut costs and the rig count deteriorates further. However, according to Carbo, substitution of ceramic proppants with sand is coming to an end and synthetic proppants are expected to bounce back.

  • LWP to complete commissioning of fly ash proppant pilot plant by August

    28 July 2015

    The company has completed commissioning of its fine grinding mill and is on track for completing sintering, the final major stage in the commissioning process, by the end of August. LWP, which has already signed a JV for the fast-track of its fly ash proppant production in India, is convinced its product will be adopted by the industry owing the benefits it offers compared to bauxite and kaolin-manufactured proppants.

  • Cuadrilla to appeal rejection of UK fracking licences

    23 July 2015

    The company’s application for fracking and monitoring at two sites in Lancashire, UK, was rejected last month by the local council contrary to the recommendations of its planning officers. Cuadrilla now plans to review its traffic routes – the basis of one rejection – and appeal against all of Lancashire Council’s decisions.

  • Frac sand's share of proppant market grows but prices expected to fall

    23 July 2015

    The latest research from consultancy firm PacWest shows that although frac sand is gaining in terms of North American proppant market share as a cheaper alternative to resin coated products, pricing declines for the mineral are expected to continue, having been particularly pronounced in the last month.

  • LWP enters into JV with Hallmark for fly ash proppant production

    23 July 2015

    The joint venture with existing Indian proppant producer Hallmark will help LWP fast-track the commercialisation of its lightweight fly ash ceramic proppants by using Hallmark's existing facilities. The company will need to demonstrate down hole that its proppants perform as well or better than current bauxite and kaolin-based ceramic proppants.

  • Morgan net profit up 31.2% boosted by refractories

    22 July 2015

    The UK-based company said that its first half income was helped by a strong performance from its thermal ceramics business, which sells refractories among other products, in North America and Europe. As a result, the company says it is well placed to seek new expansion projects.

  • MGX Minerals on course to obtain mining lease for Driftwood magnesia plant

    20 July 2015

    The company's steady progression through the approvals process for its proposed Driftwood magnesia project in the East Kootenay region of British Columbia could see the company starting to produce 10,000 tpa DBM by Q4 2016.

  • Construction minerals to benefit from Redwood port dredging and expansion scheme

    16 July 2015

    Project approval for expansion at Redwood port in California will see capacity expand at a port handling bauxite and gypsum and other construction minerals.

  • DIC sells Almatis to Turkish pension fund Oyak

    15 July 2015

    The owners of German speciality alumina producer Almatis and its shareholders have agreed to sell the group to Turkey’s largest pension fund, Oyak. The valuation of the transaction was not disclosed, but rumours put the sale at around $1bn.

  • Ma’aaden Q2 net profit falls by 27%

    15 July 2015

    Rather than phosphates and other industrial minerals lowering the miner’s income, price falls for gold and base metals have weighed heavily on Ma’aden’s net profit.

  • Outotec to deliver alumina calcination plants to EGA

    13 July 2015

    While new equipment orders are few and far between in the current industrial minerals mining environment, Outotec has secured an €80m contract for the delivery of two plants to the United Arab Emirates.

  • FLSmidth to deliver dry sintering alumina line to Pikalevo Soda

    10 July 2015

    Mining technology provider has agreed to deliver a new dry sintering alumina line, worth €60m, to Russian cement and minerals producer Pikalevo Soda. While the company’s outlook for investment in mining equipment is subdued as far ahead as 2016, it is focusing its efforts on technologies that reduce energy consumption, increase production and are more sustainable in the current downturn.

  • Altech begins permitting for Meckering kaolin project

    07 July 2015

    The company is advancing approvals for its proposed mining operation and beneficiation facility in Meckering, as it plans to bring the project into fruition by Q4 2016.

  • World's longest frac sand train to begin operations from Texas

    07 July 2015

    Unimin, Union Pacific Railroad and Twin Eagle Sand Logistics have collaborated to deliver the longest rail delivery train on record, which is to begin operations from the Mission Rail Terminal in Texas. Unimin's expanding frac sand delivery network is being rolled out to meet demand for frac sand deliveries, which the company says has not fallen despite lower drilling activity.

  • Orbite partners with Canadian research council on HPA benchmarking in Li-ion batteries

    02 July 2015

    The company is seeking to address supply issues in high-end markets by linking up with Canada’s research council to develop its high purity alumina for use in lithium-ion battery separators.