FLSmidth to expand Hindalco’s alumina refinery in Odisha, India
The contract was finalised at a recent meeting of Hindalco’s and FLSmidth’s top managements.
Latest Stories
FLASHBACK: Gold price fat finger – 56 tonnes gone in 60 seconds
A centuries-old Asian conglomerate lost $41 billion in market value in seconds Thursday – here's a look back at the gold market's famous 2017 muppet trade.
Endeavour boosts gold production 50% in 2018
The company expects its 2019 gold production to increase to 615,000 to 695,000 oz. gold and its AISC to remain in the $760 to $810 per oz. gold range.
Small group of Prodeco’s Colombia coal port workers to vote on strike
It is improbable that a strike would have an impact on total exports.
Saudi Arabia: We’ll pump the world’s very last barrel of oil
The Saudis have the two key ingredients to continue pumping oil till kingdom come—huge reserves and low production costs.
Indonesia releases new rules on export revenue repatriation
"It feels like the penalties are not balanced" - Hendra Sinadia, Indonesian Coal Mining Association.
South Africa’s RBCT says 2018 coal exports fall
"The markets are a reality, they are outside RBCT's control" - Nosipho Siwisa-Damasane, RBCT chairwoman.
Global aluminium production growth brakes sharply in 2018
China's aluminium production, to quote Wood Mackenzie, "is not going to fall off a cliff in 2019".
Barrick’s Tongon mine hits production targets despite strikes, social unrest
After nine months of intermittent production caused by illegal strikes and social unrest, Tongon gold mine achieved its revised production target of 230,000 ounces for 2018, down from 288,680 the previous year.
