Alumina/Bauxite latest news

  • July 2016

    Struggle continues for Vesuvius in H1 as income drops and debt rises

    29 July 2016

    The company says it saw early signs of stabilisation in the steel and foundry markets, but its H1 financials reveal worsening sales and profits as debt increased.

  • Imerys seeks to buy Alteo’s BFA operations

    29 July 2016

    The proposed acquisition comprises three of Alteo’s four plants making fused and tabular alumina, and would effectively shrink the company’s operations to the sole calcined alumina business.

  • Price Briefing 22-29 July 2016

    29 July 2016

    Existing inventory in brown fused alumina prevented prices gain amid supply tightness; Chinese TiO2 producers announced eighth price hike; fertiliser prices expected to remain low in 2016 while fluorspar prices held at five-year lows as supply far outstripped demand.

  • Anti-pollution efforts cut BFA supply in China

    28 July 2016

    The recent stricter anti-pollution checks in brown fused alumina producing regions in China are showing no sign of easing with production continuing to be impacted. While prices have not gained this week on tighter supply, market participants said it could rise when existing stock runs out.

  • Price Briefing 15-21 July 2016

    22 July 2016

    Supply disruption in China fails to lift bauxite and brown fused alumina prices; chromite sees an increase in buying activity in China; Indian potash contracts signed at lower y-o-y levels.

  • China's anti-pollution checks hit brown fused alumina output

    22 July 2016

    Chinese-origin brown fused alumina prices held unchanged despite a looming supply tightness due to stricter anti-pollution checks shutting down production in recent months.

  • Floods in China hit bauxite deliveries, fail to lift prices

    22 July 2016

    Refractory grade bauxite prices were unchanged despite supply disruption caused by heavy rain storm and flooding in China over the past fortnight. If the inclement weather persists, it may impact production and could lift prices in the coming week.

  • Rio Tinto increases Q2 bauxite output

    19 July 2016

    The Anglo-Australian miner maintained its bauxite production target for 2016 at 45m tonnes, as volumes in the first half recorded a sizeable increase on last year.

  • Brown fused alumina prices fall

    15 July 2016

    Chinese-origin brown fused alumina (BFA) prices moved lower amid weak demand for refractory products but spot business remains steady, according to market particpants

  • Malaysia’s Samalaju port progresses

    14 July 2016

    New deep sea port. which will handle refractory minerals and finished products, expect to be operational by April 2017.

  • Iron Mountain plans low-cost bauxite supply to China

    13 July 2016

    The company is aiming to keep costs down through a straightforward shipping operation with no processing involved and predicts that the global bauxite market will recover by the time the facility reaches production.

  • Heraeus looks at new markets with Korean office

    13 July 2016

    The German components manufacturer is seeking to cement its presence in South Korea for automotive, electronic and telecommunication applications, while it sees opportunities to penetrate local e-mobility, energy technology and medical care markets.

  • China to base resource tax on mineral prices

    12 July 2016

    The Chinese government has introduced a new resource tax policy on 21 different minerals which will be based on the price of the mineral and will be applicable on the total value of the sales instead of volumes earlier, as the country aims to relieve producers suffering in the current downturn but positions itself to gain longer-term when prices recover.

  • Cost-cutting continues as Alcoa’s H2 revenues drop

    12 July 2016

    Alcoa is ploughing ahead with its cost-cutting plan as a way to lighten the business while alumina and aluminium markets remain weak, dampening revenues in 2016 to date.

  • LWP completes arrangements for India JV

    11 July 2016

    The fly ash proppants manufacturer will use Hallmark Minerals’ existing facilities to establish a local production hub for the Indian market, as demand for oil and gas in the country is expected to increase.

  • Price Briefing 1-7 July 2016

    08 July 2016

    Fluorspar prices fail to rebound due to weak demand; Chinese TiO2 operators signal yet another price hike; bauxite prices slow down amid persistent issues in consumption; Chinese silicon carbide export values point to lower prices; lithium prices see a degree of stabilisation.

  • India appoints new mining minister

    08 July 2016

    Piyush Goyal expects the mining sector's contribution to India's GDP to rise in the next two-to-three years as he looks to increase the transparency in the sector.

  • Altech updates Meckering kaolin resource

    08 July 2016

    The company’s Meckering site in Australia would supply kaolin feedstock to Altech’s proposed HPA plant in Malaysia.

  • Refractory-grade bauxite prices down on weak demand

    07 July 2016

    Ongoing weak demand for refractory products and lower trading activities during the summer season have weighed on Chinese-origin refractory-grade bauxite prices. Cheaper, smuggled material has further pressured prices, market participants told IM.

  • Minister urges Indian miners to set aside 10% for exploration

    05 July 2016

    In a bid to increase the share of the mining industry in India’s economy, the country’s Ministry of Mines has urged domestic miners to contribute 10% of their profits towards mineral exploration.

  • Noranda to expand non-met alumina output

    04 July 2016

    The bankrupt aluminium producer is switching a sizeable amount of its output towards non-metallurgical applications, including flame retardants and water treatment, as part of its strategy to return to profitability.

  • HWI launches refractory range for commercial ovens

    01 July 2016

    The US refractory maker is targeting producers of small ovens and stoves used in domestic and commercial applications in the food industry.

  • Malaysian bauxite mining ban extended to eight months

    01 July 2016

    Bauxite mining in Malaysia has been prohibited since January, and the latest extension adds two more months to the ban as the country seeks to reduce its stockpile and curb pollution.