Alumina weekly recap: Land identification for NALCO’s red mud pond obstructed by residents in Odisha; Australian Securities Exchange grants trading halt to King River Resources ahead release of PFS on Kwinana HPA project
The global aluminium industry’s alumina segment remained heavily eventful this week. National Aluminium Company Limited, Government of India owned integrated and diversified mining, metal and power organisation has been obstructed by residents of a village in Odisha, when government staffs went for identification for red mud pond. While in the world’s sixth-largest country, Australia, the ASX has granted a trading halt to King River Resources ahead of the release of PFS on the Kwinana HPA project.
The construction of the alumina refinery with a production capacity of 1 million tonnes per year in the Galang Batang Special Economic Zone has been accomplished, as confirmed by President Director of PT Bintan Alumina Indonesia (BAI), Santoni.
The Australian Securities Exchange (ASX) has granted a trading halt to King River Resources ahead of the release of a pre-feasibility study (PFS) on its Kwinana High Purity Alumina project.
The Dengajaniguda village in Odisha under Dasamantpur block of Koraput district witnessed restlessness as local inhabitants obstructed the government revenue officials from pin-pointing land for Nalco’s red mud pond.
To know more: https://www.alcircle.com/news/land-identification-for-nalcos-red-mud-pond-obstructed-by-residents-in-odisha-67555
Rio Tinto has teamed up with the Australian Renewable Energy Agency (ARENA) to study using hydrogen in alumina refineries to cut carbon emissions. The project involves a feasibility study into using clean hydrogen to replace natural gas in the calcination process of refining at the Yarwun alumina refinery in Gladstone. Rio Tinto will conduct a $1.2 million feasibility study, equally funded with ARENA through a $580,000 grant.
To know more: https://www.alcircle.com/news/rio-tinto-teams-up-with-arena-to-reduce-carbon-emissions-in-alumina-refineries-67581
A pre-feasibility study (PFS) for high purity alumina (HPA) project in the Kwinana industrial area, West Australia, has found that ASX-listed King River Resources can be a significant producer of high-value purity alumina.
Alcoa Corporation has laid out a detailed plan of leveraging renewable energy to refine alumina in an attempt to cut 70 per cent of carbon emissions. Among Australia’s emissions-intensive exports, alumina and aluminium are the highest at risk for carbon border tariffs that the European Union is set to announce in July, said think tank the Australia Institute.
Vedanta Limited’s Lanjigarh has started ‘Sashakti Suvidha Kendra’ to help local women sustain their livelihood due to the various challenges posed by the covid pandemic. G.G Pal, Dy. CEO – Alumina Business, inaugurated the initiative along with Javed Khan, Block Program Coordinator, Lanjigarh to enable women through financial empowerment especially when the entire nation faces the challenge of COVID-19.
To know more: https://www.alcircle.com/news/vedanta-starts-new-initiative-to-aid-women-due-to-covid-pandemic-challenges-67588
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