March 2016

BAUXITE & ALUMINA CONF: Alumina cuts still forced despite lower costs – Aluminium of Greece exec

Lower refinery costs have helped the industry weather the storm of weaker alumina prices, but not enough to ward off major curtailments globally, the purchasing director of Aluminium of Greece said.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday March 2.

Liberum places ‘sell’ recommendation on South32

European broker Liberum has placed a sell recommendation on South32, based on weak prices for the miner’s key products, including alumina and manganese.

BAUXITE & ALUMINA CONF: Malaysian bauxite trades at discount on risk, lack of confidence

Malaysian bauxite is available at a significant discount to material from other origins, even with a value-in-use adjustment, according to Al Clark, md of CM Group.

BAUXITE & ALUMINA CONF: Government-backed shared infrastructure key to Guinean bauxite exports

Guinean bauxite "could supply the world" if the government sponsors shared infrastructure initiatives between mining companies, according to Karim Karjian, ceo of Karalco Resources.

BAUXITE & ALUMINA CONF: Malaysian bauxite exports seen resuming at 15 million tpy from mid-April - gov official

Malaysian bauxite mining and exports are expected to resume on April 16 at a rate of around 15 million tpy, a Malaysian government official said.

BAUXITE & ALUMINA CONF: Chinese alumina supply tight as imports fall short – BGRIMM Lilan

China requires 6.1 million tonnes of imported alumina to keep a balance this year, but the volume may not be achieved, according to a senior analyst at metals consulting firm BGRIMM Lilan Consulting.