Alumina weekly recap: Aughinish Alumina received approval to expand its storage capacity for red mud; PLN agrees to supply energy to PT Bintan Alumina Indonesia until 2050
Alumina powder, also known as aluminium oxide, is a chemical compound mainly used to produce aluminium – one of the essential metals in advancing a low-carbon economy and throughout the global industry. In addition to being ideal for aluminium production, alumina also provides excellent hardness and chemical resistance, particularly in applications requiring durable materials. The week witnessed a few exciting events related to the alumina segment. The Russian aluminium giant Rusal-owned Aughinish Alumina gets clearance to expand its bauxite residue (red mud) storage capacity at the West Limerick refinery until 2039. While in Southeast Asia, PT Perusahaan Listrik Negara (PLN), the Indonesian government-owned corporation energy distributor, has inked an MoU to supply energy to PT Bintan Alumina Indonesia until 2050.
An Bord Pleanála, an independent, statutory, quasi-judicial body in the Republic of Ireland, has granted permission to the Russian-owned Aughinish Alumina Limited to enlarge its bauxite residue disposal area (BRDA) on the Shannon Estuary to continue to operate until 2039.
The Indonesian state-owned corporation PT Perusahaan Listrik Negara (PLN), which has a monopoly on electric power distribution in the country, has agreed to supply the energy needs of mining company PT Bintan Alumina Indonesia (BAI) until 2050.
To know more: https://www.alcircle.com/news/pln-agrees-to-supply-energy-to-pt-bintan-alumina-indonesia-until-2050-83509
Glencore, with mirth, declared that it has stepped into a ten-year-long alumina supply and aluminium offtake arrangement with the Malaysian green aluminium producer, Press Metal Bintulu Sdn. Bhd. In accordance with the Paris Agreement of 2016, Glencore wishes to achieve net zero emissions by 2050.
According to the International Aluminium Institute, alumina production in Europe (incl. Russia) stood at 693,000 tonnes in July 2022, which was unchanged from the previous month. However, the output in June saw a monthly downfall of 29,000 tonnes or 4.02 per cent from 722,000 tonnes.
The United States imported 484,000 tonnes of alumina in the second quarter of 2022 versus 445,000 tonnes in the first quarter of the year, found the US Census Bureau. According to a quarter-on-quarter calculation, that was an increase of 39,000 tonnes or 8.76 per cent. On a yearly basis, the US Q2 alumina imports reflected a surge of 26.37 per cent from 383,000 tonnes.
To know more: https://www.alcircle.com/news/us-alumina-imports-in-2q2022-edge-26-higher-y-o-y-with-brazil-as-a-mainstay-exporter-83505
ElementUS Minerals, LLC, a Dada Holding company, has announced that it has signed an exclusive agreement with the partners of LAlumina to process bauxite residue located at LAlumina’s refinery in Burnside, Louisiana. ElementUS is technologically advanced in extracting and refining strategic minerals, including pig iron, alumina and rare earth elements from bauxite residue with zero mining impact.
On 2nd September 2022, Vedanta Limited-Lanjigarh stated that the country's foremost metallurgical grade alumina producer bagged multiple awards for its environmental, healthcare, and education initiatives. The alumina refinery bagged the first prize for ‘Environmental Protection’ at the 22nd Greentech Environment Awards-2022.
Jamalco experienced one of the worst disasters in its 63-year history on 22nd August 2021 and marked 22nd August 2022 as the first anniversary of the fire incident at its alumina refinery. An extensive fire broke out at the company's powerhouse on Sunday, August 22, 2021, damaging it extensively and dislocating its source of power, compressed air, and steam used for refining operations.
source https://www.alcircle.com/news/alumina-weekly-recap-aughinish-alumina-received-approval-to-expand-its-storage-capacity-for-red-mud-pln-agrees-to-supply-energy-to-pt-bintan-alumina-i-83555
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