special - Alu-web.de
special - Alu-web.de
special - Alu-web.de
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UC Rusal<br />
Bauxite and alumina activities<br />
Vedanta’s india bauxite<br />
mining to begin by october<br />
Vedanta Resources Plc. will begin<br />
bauxite mining for its alumina plant<br />
in eastern India by October and will<br />
invest USD1.23bn to expand its capacity<br />
sixfold by 2011. The start of the<br />
mining to feed the alumina refinery<br />
in India’s eastern state of Orissa has<br />
been <strong>de</strong>layed for at least four years by<br />
protests from indigenous people, who<br />
consi<strong>de</strong>r the area that will be mined<br />
as sacred ground. In August 2008,<br />
India’s Supreme Court allowed the<br />
London-listed company to proceed to<br />
mine bauxite from open-cast mines.<br />
Vedanta has so far invested USD823m<br />
in the plant, and will spend another<br />
USD1.23bn to expand the capacity to<br />
6m tpy from 1m tpy by 2011. The company<br />
has <strong>de</strong>posited USD28m with the<br />
government as payments to ensure it<br />
preserves wildlife, does reforestation<br />
projects and launches <strong>de</strong>velopment<br />
work for resi<strong>de</strong>nts. The Orissa Mining<br />
Corp., Vedanta’s joint-venture partner,<br />
will supply 150m tpy of bauxite<br />
to Vedanta’s plant from various locations,<br />
including Niyamgiri, which has<br />
a 79m-tonne <strong>de</strong>posit.<br />
Venezuela’s CVG Bauxilum announces<br />
Usd110m recovery plan<br />
Venezuelan bauxite and alumina producer<br />
CVG Bauxilum has announced<br />
an immediate recovery plan worth<br />
236.5 million bolivares (USD110m)<br />
ALUMINIUM · 9/2009<br />
to enable it to produce 3,200 tpd of<br />
alumina throughout the second half.<br />
CVG Bauxilum expects a total output<br />
of 1.4m tonnes for 2009 once the recovery<br />
plan has been completed. The<br />
boost in output for the second half<br />
would allow the company to feed<br />
the domestic market and attend sale<br />
commitments in the international<br />
market. Around 183.85m bolivares<br />
(USD85.5m) will be used to revamp<br />
works and to purchase raw materials<br />
in Venezuela and other countries. The<br />
remaining money will be used to pay<br />
the company’s workforce labour benefits.<br />
CVG Bauxilum did not say when<br />
it intends to finalise the 236.5m bolivares<br />
(USD110m) investment, but it is<br />
likely that the capital will be spent by<br />
December. The company is aiming to<br />
produce 1.65m tonnes of alumina in<br />
2010 and, afterwards, intends to reach<br />
its installed capability of 2m tpy, with<br />
further investment of 610.6m bolivares<br />
(USD284m).<br />
Chinese firm buys 2.5m t<br />
of alumina from Trafigura<br />
China’s CPI Mengdong Energy Group,<br />
the parent of smelter HMHJ <strong>Alu</strong>minium,<br />
has agreed to import 2.5m tonnes<br />
of alumina from international trading<br />
house Trafigura Group. The alumina<br />
will be shipped in equal amounts<br />
to the Chinese buyer over ten years<br />
from 2010. The alumina will be priced<br />
at less than 14% of the price of the<br />
three-month aluminium contract of<br />
C o m p a n y n e w s w o r l d w i d e<br />
the LME. The contract also set the<br />
maximum and minimum prices for<br />
alumina. That term price was about<br />
10% lower than prices for current<br />
spot alumina to China. Trafigura’s<br />
contract will cover 18% of HMHJ’s<br />
alumina needs in 2010, which are<br />
about 1.4 m tonnes. HMHJ’s facilities<br />
in Inner Mongolia can turn out<br />
700,000 tonnes of primary aluminium<br />
in 2010 and that output will consume<br />
around 1.4m tonnes of alumina. China<br />
produced more than 90% of its alumina<br />
needs in the first half of this year<br />
at 10.62m tonnes.<br />
alumar refinery completes<br />
2m tpy alumina expansion<br />
The <strong>Alu</strong>mar alumina refinery in Brazil<br />
has increased production as a result<br />
of a 2m tpy expansion project. With<br />
the project 98% complete, the refinery<br />
will ramp up to full production<br />
throughout the second half of the<br />
year. Total production capacity will<br />
increase to 3.5m tpy from 1.5m tpy.<br />
Alcoa is the majority stakehol<strong>de</strong>r with<br />
54%, while BHP holds a 36% stake<br />
and Rio Tinto Alcan holds the remaining<br />
10% share.<br />
nalco expects to get andhra<br />
pra<strong>de</strong>sh bauxite mines soon<br />
India’s Nalco expects to receive mining<br />
leases for its proposed 4.2m tpy of<br />
bauxite and 1.4m tpy alumina projects<br />
in September 2009. Now that the Andhra<br />
Pra<strong>de</strong>sh government has recommen<strong>de</strong>d<br />
that the central government<br />
should grant bauxite mining leases to<br />
Nalco in East Godavari and Visakapatnam<br />
districts of the state, Nalco has<br />
crossed the first hurdle to the Rs70bn<br />
(USD1.4bn) bauxite mining and alumina<br />
refinery project. The leases<br />
cover 85m tonnes of bauxite reserves<br />
of the same quality as Nalco’s other<br />
mines, 20 km away in Orissa state.<br />
However, due to a lack of land, ore<br />
from the Andhra Pra<strong>de</strong>sh mines will<br />
have to be transported 20 to 30 km<br />
to the refinery, unlike Nalco’s current<br />
operations, where mine and refinery<br />
are nearby. Nalco is one of the world’s<br />
lowest cost alumina producers ➝<br />
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