The global alumina production in October hit a record high of 12.61 million tonnes, representing a 5.6% surge over the previous month’s output of 11.94 million tonnes, according to the International Aluminium Institute (IAI). This figure also marks a 3.62% increase compared to October last year, reflecting growth across all major producing regions. The daily...
READ MORERio Tinto has lifted the restrictions on alumina exports from its Australian plants in Gladstone, which had been in place since May, according to a report by S&P Global. The restrictions were originally introduced due to a sharp reduction in natural gas supplies to the plants, as noted by Bloomberg. The legally justified suspension of...
READ MOREIB2, a company in the aluminium industry, has received a €100 million investment from a group of financial and industrial investors to further develop its sustainable alumina technology. The funding will be used to enhance IB2’s process for producing more environmentally friendly alumina. The investment, obtained over the past 12 months, includes support from Glencore,...
READ MOREThe price of alumina, a crucial raw material for aluminium production, has reached a record high of $707.59 per tonne. This surge is attributed to ongoing supply and production issues in major exporting countries like Guinea, Australia, and China, as reported by ZeroHedge. In Guinea, a leading supplier of bauxite, challenges in foreign trade and...
READ MORERussia has significantly increased its alumina imports from China, largely due to supplies from the Hebei Wenfeng New Materials (HWNM) plant, where Russian aluminum giant Rusal acquired a 30% stake. From January to September 2024, alumina imports from China to Russia rose by 43% year-on-year, reaching 1.2 million tons, according to data from the General...
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