Word: alumina
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...development of bauxite reserves and a large potential in investment for an alumina refinery. We've also announced sustainability initiatives with local communities as part of the global compact under the U.N. This is a three-year commitment on safe water...
China has built more capacity than they have electricity to support or alumina to feed operations. This has driven up the price of alumina because they're a big importer of alumina. Over the next two to three years, some of that capacity will be activated, but probably not all of it. In the mid- to longer term, China will be in balance. It will not be an exporter and could even go into deficit and be an importer [of aluminum]. That would be good for the world aluminum market. The price of aluminum going forward will be higher than...
...coal 72%, copper 35%. No longer do miners feel outdated and outsmarted by the dotcom people. China's growing metal consumption is pushing up prices across the board, giving companies the upside they need to commit to exploration and mining projects. Comalco, owned by Rio Tinto, recently commissioned an alumina refinery at Gladstone in central Queensland, the first plant of its kind to be built in the world for 20 years. The first liquefied natural gas shipments will begin next year from the North West Shelf to Guangdong province: the start of a 25-year, $A25 billion contract that took...
...there were much harder a decade ago, many consumer-goods firms who got into the market early are now enjoying fast-growing sales. Already some wealthy Russian oligarchs have jumped into Ukraine's market. They include Oleg Deripaska of the aluminum group Rusal, which has acquired Ukraine's Mykolayiv alumina refinery, and Mikhail Fridman of Alfa Group, which has an oil refinery in the country. The trick for Ukraine's new government is to keep such momentum going and build on it. The events of the past few months have "created a high level of trust and confidence in this...
...access to Iceland's cheap and clean hydropower and a new harbor facility to be built nearby. The company says that when production begins in 2007, the plant will be one of the most efficient, safe and environmentally friendly in the world. Aluminum is smelted from an oxide called alumina, which is refined from bauxite ore - and Fjardaál will be capable of churning out 322,000 metric tons of aluminum each year. Alcoa says it will recycle materials and use the most eco-friendly production technology to control fumes and minimize waste discharge into the sea and groundwater...