August 19, 2011

Norilsk Nickel Offers $8.75 Bln To Buy Back 15 pct Stake Held By UC Rusal – Update

OJSC Norilsk Nickel Mining and Metallurgical Co. (NILSY.PK: News ) Friday said it has proposed to buy back 15 percent of its stake held by Russian aluminium firm UC Rusal…

August 17, 2011

Funds slash commodity bets

Funds reduced bets on rising commodity prices by the most in any week since February 2010 on mounting concern that a weakening global economy will slow demand for raw materials.…

August 15, 2011

EMAL awards $700m in contracts for its Phase Two expansion

WAM Abu Dhabi, Aug 15th, 2011 (WAM)--EMAL has awarded contracts worth more than $700 million as the work begins on making the expansion of the Al Taweelah smelter a reality.…

August 15, 2011

Mongolian alumina project breaks ground

A 200kt/y alumina project, based on coal ash-to-alumina technology, recently broke ground in Erdos, west Inner Mongolia. The project is scheduled for completion in September 2012. The project is the…

August 15, 2011

6Mt bauxite resource declared in NSW

PERTH (miningweekly.com) ASX-listed Australian Bauxite has reported a maiden resource of six-million tons at its Guyara project, in New South Wales. The company said on Monday that the bauxite was…

August 14, 2011

US aluminum firm starts construction of joint-venture refinery in Saudi Arabia

Alcoa Inc., the largest US aluminum producer, has started construction of an aluminum refinery in Saudi Arabia, the Bloomberg newspaper said on Thursday.

August 13, 2011

UC Rusal holds talks with Guinea to develop bauxite deposit

Bloomberg reported that United Company Rusal in talks with the government of Guinea on terms to develop the Dian Dian bauxite deposit. Mr Vladislav Soloviev first deputy CEO of Moscow…

August 8, 2011

Outotec bags contract from EMAL

Outotec has received two contracts worth €100m from Emirates Aluminium (EMAL) to expand an aluminium smelter in Abu Dhabi, UAE.

August 4, 2011

Outotec wins over EUR100 million aluminum smelter technology contract for Emirates Aluminium

Outotec and Emirates Aluminium PJSC (EMAL) have agreed to terms for two contracts with a total value of over EUR 100 million. The deal calls for Outotec to deliver aluminum…

July 29, 2011

Outotec more than doubles H1 operating profit

Finnish mineral processing company Outotec more than doubled its profits for the first half of 2011.