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ENRC increased aluminum production by 10pct in 2011 - 2/6/2012 5:57:00 AM ET
The extraction of bauxite equaled 5.495 million tonnes with 3.5% increase and alumina production increased by 1.8% to 1.670 million tonnes. According to a report of the ENRC, in 2011 the company increased the production of aluminum by 9.8% to 249,000 tonnes. The Eurasian...
Maaden Alcoa aluminum JV pours first concrete for Middle East first alumina refinery - 2/6/2012 5:55:00 AM ET
The Maaden Alcoa AA -0.19% aluminum JV announced that it has poured the first concrete in the construction of the region's first alumina refinery at the fully integrated aluminum complex at Ras Al Khair. Once complete, the refinery will initially produce 1.8 million tonnes...
Samancor suspends production at Metalloys plant to reduce electricity consumption - 2/6/2012 5:40:00 AM ET
Bloomberg reported that BHP Billiton Limited's Samancor Manganese unit has stopped producing silica manganese at its Metalloys plant in Meyerton in South Africa to reduce electricity consumption and switch output to more profitable ferromanganese. BHP said that a USD 100...
KPMG-sponsored mining report foresees further M&A activity - 2/5/2012 7:24:00 PM ET
Almost one-third of metals companies expect to expand through mergers and acquisitions (M&A) over the next two years - mainly to gain control of raw materials - according to a KPMG-sponsored research report, collated by The Economist's Intelligence Unit and entitled...
Vedanta Resources updates aluminum production for Q3 2011 - 2/3/2012 6:46:00 AM ET
Vedanta Resources announced aluminum production for Q3 2011. Aluminum production in Q3 was 170,000 tonnes which includes production of 107,000 tonnes at VAL Jharsuguda and 63,000 tonnes at BALCO. The Lanjigarh refinery has ramped up well and the alumina production at...
U.S. Silica Holdings, Inc. Announces Pricing of Its Initial Public Offering - 1/31/2012 8:24:00 PM ET
FREDERICK, Md.--(BUSINESS WIRE)--U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced the pricing of its initial public offering of 11,764,705 shares of common stock at a price of $17.00 per share. The shares will be listed on the New York Stock Exchange and will trade...
Strongbow Reports First Exploration Drilling Results for Shovelnose Gold Property, BC - 1/31/2012 12:03:00 PM ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--Strongbow Exploration Inc. (SBW: TSXV) has been notified by Westhaven Ventures Inc. (WHN: TSXV) that final results have been received from the 2011 drilling program at the Shovelnose gold property located adjacent to the...
Alcoa asks federal judge to dismiss bribery suit - 1/30/2012 5:31:00 AM ET
Alcoa Inc asked a federal judge in Pittsburgh to dismiss a bribery lawsuit filed against the company by an aluminum maker controlled by the Bahrain government. Aluminum Bahrain BSC claims New York based Alcoa reaped more than USD 400 million in illegal profits by...
Kaolin to alumina process development - 1/25/2012 7:08:00 PM ET
Australia Minerals and Mining Group (AMMG), through its wholly owned subsidiary Kaolin Resources, has signed a non-binding memorandum of understanding with Kalamazon Estudos Geologicos (KEG), the wholly owned subsidiary of Kalamazon Minerals. Canadian exploration company...
Potash West achieving new flowsheets for production from greensands - 1/24/2012 7:26:00 PM ET
Potash West reports that it continues to make important breakthroughs in the critical area of identifying a commercial process to produce potash from its worldscale greensands resources in Western Australia. Following significant testing over the past nine months, Potash...
Santa Fe Gold Announces 2012 Smelter Contracts for Gold and Silver Sales Valued up to $30 Million - 1/24/2012 8:30:00 AM ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Santa Fe Gold announces 2012 smelter contracts for gold and silver sales valued at up to $30 million
Preferred Sands Secures $376 Million Loan for Acquisition and Capacity Expansion Projects - 1/20/2012 10:06:00 AM ET
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands recently acquired Winn Bay Sand in conjunction with a $376 million debt offering. The debt offering was secured through J.P. Morgan and the transaction was led and managed by Barclays Capital and KeyBanc Capital Markets. The...
Glencore sees first executive exit post-IPO - 1/19/2012 4:18:00 AM ET
Commodities trader Glencore is set to lose one of its most senior executives, the first exit since its high-profile public offering last year, as part of a reorganisation of its upper echelons, a source close to the company said. Steven Blumgart, Glencore's co-head of its...
U.S. Silica Holdings, Inc. Announces Launch of Initial Public Offering - 1/17/2012 6:52:00 AM ET
FREDERICK, Md.--(BUSINESS WIRE)--U.S. Silica Holdings, Inc. announced today that it has commenced an initial public offering of 11,764,705 shares of its common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission....
Alcoa optimism lifts Alumina - 1/10/2012 8:00:00 AM ET
ALUMINA shares were boosted yesterday when US aluminium giant Alcoa gave a buoyant outlook for aluminium markets.
Alcoa Announces Fourth Quarter Loss on Charges Associated with Cutting High-Cost Smelting Capacity, Market Weakness - 1/9/2012 4:03:00 PM ET
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported a loss from continuing operations of $193 million, or $0.18 per share, in fourth quarter 2011 on restructuring charges associated with the closure and curtailment of high-cost production capacity, lower aluminum...
Alumina falls on Alcoa shutdown - 1/5/2012 6:49:00 PM ET
ALUMINA shares fell after Alcoa said it would permanently close or idle 12 per cent of its aluminium smelting capacity.
GMDC and Alumina Refinery in JV for value addition - 12/22/2011 6:22:00 AM ET
Gujarat Mineral Development Corporation and Mumbai based Alumina Refinery Limited will jointly take up project to manufacture speciality chemicals from Bauxite in Kutch. The state government had earlier decided to value add the minerals instead of selling raw ores. The...
GSI survey of minerals in Assam - 12/21/2011 4:26:00 AM ET
Mr Dinsha Patel minister of state for mines (independent charge) informed the Rajya Sabha that the state of Assam is endowed with a number of mineral commodities such as crude oil, natural gas, coal, limestone, iron ore, silica sand, sillimanite, clay and pyrochlore....
Aluminium ex-boss faces UK charges - 12/20/2011 8:00:00 AM ET
A FORMER Australian aluminium executive will be extradited to Britain to face corruption and money-laundering charges related to Alcoa's sale of Australian alumina to Bahrain.
Shenhua Group to invests USD 21 billion to produce alumina from coal ash - 12/20/2011 6:23:00 AM ET
China Shenhua Group, the country's largest coal producer, on Sunday kicked off construction on a project capable of producing alumina from coal ash, a waste byproduct of thermal power generation. Mr Ling Wen deputy manager of Shenhua Group said the company plans to...
Rhodia, Chianalco form pact announces rare earths deal in China - 12/12/2011 11:42:00 PM ET
French chemicals company Rhodia had signed a strategic alliance with China's biggest alumina producer Chinalco in rare earth, the scarce raw materials key to much of modern technology, the ...
Research and Markets: Tribology of Ceramics and Composites: Materials Science Perspective - 12/12/2011 6:22:00 PM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of John Wiley and Sons Ltd's new book "Tribology of Ceramics and Composites: Materials Science Perspective" to their offering. This book helps students and practicing scientists alike understand...
London Mining and Glencore off take to yields USD 27 million - 12/11/2011 6:50:00 AM ET
London Mining in line with its disclosure at the recently concluded SLIEPA Trade and Investment Forum, made public on December 2nd 2011 that its Marampa Phase 1a plant production ramp up has started and a concentrate validating plant design specification of 65% Fe and 3.5%...
Maaden signs financing deal as aluminum project gathers pace - 12/11/2011 6:32:00 AM ET
The Saudi Arabian Mining Company announced that its subsidiary, Maaden Bauxite and Alumina Company has signed USD 1 billion financing agreement with the Public Investment Fund for the second phase of its aluminum project. The Phase II which includes a bauxite mine at Al...
Chalco alumina price cut may squeeze earnings - BOCOM - 12/11/2011 6:25:00 AM ET
Bloomberg quoted BOCOM International Holdings Company as saying that Aluminum Corporation of China Limited’s cut of alumina prices may reduce its profit by about CNY 300 million per year. The nation’s biggest producer of aluminum also known as Chalco set its...
Alcoa Awarded Industrial Peace Prize by South Korea Province - 12/8/2011 1:30:00 PM ET
NEW YORK & SOUTH KOREA--(BUSINESS WIRE)--Alcoa (NYSE:AA) was awarded the Industrial Peace Prize for fostering harmonious union and company relationships in the Kyung Sam Namdo Province in South Korea. Alcoa operates Changwon Precision Extrusions (CPE), a producer of hard...
CONTRACT: Outotec to design alumina calcination process for Orbite - 12/7/2011 4:58:00 PM ET
QUEBEC - Orbite Aluminae of Montreal has awarded the contract for basic engineering for its metallurgical grade alumina calcination process and the associated hydrochloric acid recovery to Outotec. The work of the Finnish company will be... [Full Story]
Vedanta Aluminum organizes blood donation camp at Niyamgiri Vedanta Nagar - 12/5/2011 7:00:00 AM ET
Orissa Diary reported that correspondent Lanjigarh Localities of Lanjigarh Panchayat inaugurated a long awaiting Hanuman Temple at Dangarpatlima near the alumina refinery of Vedanta Aluminum Limited. On the occasion, the villagers also arranged a blood donation camp with...
Field success for Weir Minerals Africa pump liners - 12/4/2011 7:27:00 PM ET
After more than three years in the field handling highly abrasive materials, Weir Minerals Africa reports that its R55TM premium grade elastomer pump liner is receiving positive feedback from customers. R55 is a proprietary high-tech rubber developed to operate in severe...
Global Alumina announces JV budget approval - 12/4/2011 7:33:00 AM ET
Global Alumina Corporation announced that the JV board of directors approved additional Project funding of USD 4.6 million for the period December 1st 2011 through December 31st 2011. Global Alumina will be responsible for its one third share of this amount. The JV...
Bauxite buys from open market adding to costs -Vedanta Aluminum - 12/4/2011 7:28:00 AM ET
Metal tycoon Anil Agarwal committed to invest about INR 60,000 crore for building Vedanta Aluminum the aim was for 2.4 million tonne plant which is almost equal to the total aluminum consumed in India. But a ban on bauxite mining and government denial to expand its alumina...
Cape Alumina achieves 28 MT maiden JORC Inferred Resource for Bauxite Hills - 12/2/2011 6:27:00 AM ET
Cape Alumina’s exploration results have unveiled a maiden JORC Inferred Resource of 28.3 million tonnes of in situ, high quality, export grade bauxite at its Bauxite Hills’ BH1 area. This represents a major milestone for the Bauxite Hills mine and port...
Ullrich Aluminum fined USD 600000 for worker death - 12/2/2011 6:20:00 AM ET
A Business has been slapped with USD 600,000 after a worker was killed when he was crushed by falling aluminum containers at the company's Newcastle warehouse. The 27 year old Ullrich Aluminum employee was working between bulk storage racks in September 2007 when about...
Ormet Reports Third Quarter 2011 Earnings - 12/1/2011 5:00:00 PM ET
HANNIBAL, Ohio--(BUSINESS WIRE)--Ormet announces a net loss of $6.7 million and a net profit $93.8 million for the third quarter of 2011 and first nine months of 2011, respectively. Net loss per common share outstanding was $0.36 for the third quarter and net income per...
OSHA cites Northern Steel Castings for two safety and four health violations - 11/30/2011 6:03:00 AM ET
The US Department of Labor's Occupational Safety and Health Administration has cited Northern Steel Castings Inc for two safety and four health violations at its Wisconsin Rapids carbon steel foundry, including for overexposing workers to crystalline silica, a known...
PEA sets out $7.7bn NPV for Orbite's alumina project - 11/29/2011 7:44:00 PM ET
Vancouver - Orbite Aluminae (ORT-T) has released some hard numbers as to the potential of its patented aluminum-extraction process and corresponding project that it promises will transform the industry. [Full Story]
NALCO expects 3 fold rises in exports to revamp Vizag facility - 11/28/2011 6:06:00 AM ET
ET reported that expecting a three fold increase in alumina exports to about 3 million tonne per annum in the next 3 years NALCO is set to revamp its port handling facility at Visakhapatnam. A National Aluminum Company official said that "We expect alumina exports to...
Jamaica plans to sell 7pct share in Windalco - 11/28/2011 6:05:00 AM ET
According to a staff in Jamaica Bauxite institute, the Jamaican government planned to sell 7% of shares that it owns in West Indies Alumina Company. Currently, 93% of shares in Windalco were held by United Company RUSAL. In fact, the Jamaican government has planned to...
AMMG signs option agreement to acquire an exclusive licence for processing kaolin to alumina - 11/27/2011 7:19:00 PM ET
Chinese technology owner grants AMMG a five-year option to acquire the exclusive unconstrained Australia-wide technology licence for the processing of kaolin or aluminous clay to alumina via an acid-based technology process. This unique technology process has successfully...
Research and Markets: Nickel & Stainless Steel Weekly Report: news, prices and outputs in China - 11/23/2011 3:09:00 PM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of Beijing Antaike Information Development's "Nickel & Stainless Steel Weekly Report" subscription to their extensive offering of metal market research publications. Published every Thursday, the...
Research and Markets: Chinese Nickel Quarterly: Price Trends, Key Players, Supply/Demand and More... - 11/23/2011 2:31:00 PM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of Beijing Antaike Information Development's "Chinese Nickel Quarterly" report to their extensive offering of metal market research publications. The Chinese Nickel Quarterly is a 10-20 page...
Research and Markets: Chinese Aluminum Quarterly: Supply, Demand, Price Trends and More... - 11/23/2011 2:22:00 PM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of Beijing Antaike Information Development's "Chinese Aluminum Quarterly" subscription to their extensive offering of metal market research publications. The Aluminum Quarterly Report is a...
BaselCement Pikalevo looking to up alumina output 7pct in 2011 - 11/23/2011 5:42:00 AM ET
Interfax reported that CJSC BaselCement-Pikalevo plans to increase the amount of alumina it produces this year by 7% over last year to 255,500 tonnes. The company produced more than 210,000 of alumina and upwards of 2 million tonnes of lime in January to October up by...
Kuznetskie Ferroalloys conducts special meeting Dec end - 11/22/2011 6:10:00 AM ET
It is reported that the special meeting at Kuznetskie Ferroalloys will be held December 26. The holders will consider the interest-bearing deal with Sberbank. Kuznetskie Ferroalloys is a producer of ferrosilicon and silica fume. Prompererabotka and Perant hold...
Texas Rare Earth Resources to Present at the Wall Street Institutional Investor Conference - 11/21/2011 11:00:00 AM ET
DENVER & SIERRA BLANCA, Texas--(BUSINESS WIRE)--Texas Rare Earth Resources Corp. (OTCQB: TRER), a heavy rare earths exploration and development company, announced today that Marc LeVier, Chief Executive Officer, will present at the Wall Street Institutional Investor...
Nalco aims 30000 to 60000 tonne additional alumina sale in Q3 - 11/16/2011 6:32:00 AM ET
Money Control reported that during the Q2 FY2012, Nalco's net sales were up 8.9% at INR 1583.7 crore versus INR 1454.7 crore and profit after tax was down 38% at INR 139.3 crore versus INR 224.04 crore. The Q2 results were well below the street’s estimates in terms...
Texas Rare Earth Resources to Present at the John Tumazos Very Independent Research Metals & Mining Conference - 11/15/2011 10:00:00 AM ET
DENVER & SIERRA BLANCA, Texas--(BUSINESS WIRE)--Texas Rare Earth Resources Corp. (OTCQB: TRER), a heavy rare earths exploration and development company, announced today that Anthony Garcia, Senior Vice President of Project Development, will present at the John Tumazos Very...
NALCO finalizes 240000 tonnes alumina export deal - 11/15/2011 6:33:00 AM ET
Reuters reported that National Aluminum Company Limited has finalized a long term export contract for 240,000 tonnes of alumina for deliveries in 2012 at 16.39% of the LME aluminum price on an FOB basis. Mr Ansuman Das commercial director at NALCO said that the...
Mubadala eyes investments in Guinea - 11/15/2011 6:31:00 AM ET
Mubadala Development Company, Abu Dhabi’s strategic investment and development firm, will explore opportunities in sectors such as bauxite, alumina and iron ore in the Republic of Guinea. The move follows the signing of collaborative agreements between the...
Texas Rare Earth Resources Contracts Gustavson Associates, LLC to Perform Scoping Study at Round Top Heavy Rare Earth Project - 11/10/2011 6:00:00 AM ET
DENVER & SIERRA BLANCA, Texas--(BUSINESS WIRE)--Texas Rare Earth Resources Corp. (OTCQB:TRER), a heavy rare earths exploration and development company, today announced that Gustavson Associates, LLC, a subsidiary of Walsh Environmental Scientists and Engineers and its...
Carbon tax impact on key Australian industries - 11/10/2011 5:43:00 AM ET
Australia is the world's largest exporter of iron ore, black coal, alumina, lead and zinc and the second largest exporter of uranium. It is also a leading producer of bauxite, alumina, rutile, and tantalum, among other minerals. Exporters such as steel producers and...
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