Alcoa World Alumina and Chemicals

Alumar Begins Repair Work on Ship-to-Shore Conveyance System

Retrieved on: 
Friday, March 31, 2023

The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials.

Key Points: 
  • The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials.
  • Since the failure of the conveyance system, Alumar’s refinery and smelter have been operating on existing inventories while working on alternative delivery methods and planning repair work.
  • The Alumar refinery has a nameplate capacity of 3,860,000 metric tons per year (mtpy), of which 2,084,000 mtpy is Alcoa’s consolidated capacity.
  • Alumar is an unincorporated joint venture for the operation of a refinery, smelter and a casthouse.

Alcoa Receives Funding to Pilot Carbon-Reduction Technology for Alumina Refining, Supporting Refinery of the Future Initiative

Retrieved on: 
Monday, April 11, 2022

Alcoa Corporation (NYSE: AA) today announced that Australian governments have provided $7.7 million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoas Refinery of the Future initiative.

Key Points: 
  • Alcoa Corporation (NYSE: AA) today announced that Australian governments have provided $7.7 million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoas Refinery of the Future initiative.
  • Calcination is the final stage in the alumina refining process and uses fossil fuels, primarily natural gas, to heat alumina hydrate crystals.
  • Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future.
  • All statements by Alcoa Corporation that reflect expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements.

DGAP-News: FYI Resources: FYI ANNOUNCES APPOINTMENT OF MR. PHIL THICK AS ADVISOR TO THE BOARD

Retrieved on: 
Saturday, March 5, 2022

FYI Resources: FYI ANNOUNCES APPOINTMENT OF MR. PHIL THICK AS ADVISOR TO THE BOARD

Key Points: 
  • FYI Resources: FYI ANNOUNCES APPOINTMENT OF MR. PHIL THICK AS ADVISOR TO THE BOARD
    The issuer is solely responsible for the content of this announcement.
  • FYI ANNOUNCES APPOINTMENT OF MR. PHIL THICK AS ADVISOR TO THE BOARD
    - Mr. Phil Thick to provide FYI with strategic advice, corporate support and government liaison
    FYI Resources Ltd (ASX: FYI, OTCQX:FYIRF) ("FYI" or "the Company") is pleased to announce the appointment of Mr. Phil Thick as advisor to the Company.
  • Mr.
  • FYI Managing Director, Mr. Roland Hill, commented "We are delighted to have Phil join our dedicated and growing team.

DGAP-News: FYI Resources: QUALITY RESULTS CONTINUE FROM JOINT EXTENDED HPA PILOT PLANT TRIAL

Retrieved on: 
Monday, January 10, 2022

FYI Resources Ltd ("FYI" or "the Company") (ASX:FYI; OTCQX:FYIRF; FSE:SDL), is pleased to announce the results of the second week of extended HPA pilot plant operations.

Key Points: 
  • FYI Resources Ltd ("FYI" or "the Company") (ASX:FYI; OTCQX:FYIRF; FSE:SDL), is pleased to announce the results of the second week of extended HPA pilot plant operations.
  • An average purity of 99.9978% was achieved during the week-long campaign undertaken in collaboration with Alcoa of Australia (Alcoa).
  • Consistent with the previous HPA trial outcomes, the Week Two results demonstrated continued high-quality grades being achieved across the suite of samples and ranged in purity from 99.9983% to 99.9973% Al2O3.
  • The high-quality results further support the progressive development of FYI's project utilizing the effective and innovative HPA flowsheet design.

Alcoa Plans to Restart Curtailed Aluminum Smelting Capacity at Portland Aluminium in Australia

Retrieved on: 
Sunday, November 7, 2021

Alcoa Corporation (NYSE: AA) announced today that the Portland Aluminium joint venture plans to restart 35,000 metric tons per year (mtpy) of curtailed capacity at its aluminum smelter in the State of Victoria in Australia.

Key Points: 
  • Alcoa Corporation (NYSE: AA) announced today that the Portland Aluminium joint venture plans to restart 35,000 metric tons per year (mtpy) of curtailed capacity at its aluminum smelter in the State of Victoria in Australia.
  • Portland Aluminium is an unincorporated joint venture with 358,000 mtpy of total capacity, and Alcoa Corporation has 197,000 mtpy of consolidated capacity.
  • Once the restart is complete, Portland Aluminium will operate at approximately 95 percent of total capacity and Alcoa Corporation will have approximately 186,000 mtpy of its consolidated capacity at Portland operating.
  • When both projects are complete, Alcoa Corporation will have approximately 82 percent of its 2.99 million metric tons of global aluminum smelting capacity operating.

Alcoa Plans to Enter High Purity Alumina Market with Joint Development Project

Retrieved on: 
Friday, October 1, 2021

Alcoa Corporation (NYSE: AA) intends to enter the growing high-purity alumina market to address increasing demand for sustainable products through a joint development project.

Key Points: 
  • Alcoa Corporation (NYSE: AA) intends to enter the growing high-purity alumina market to address increasing demand for sustainable products through a joint development project.
  • The development activities also set a pathway for a future joint venture for the project, of which AoA would be the manager and both parties would contribute specific intellectual property.
  • This project is a natural complement to Alcoas existing business that builds on our expertise in alumina refining technology development and our production capability.
  • The project follows a successful trial, in December 2020, that used Alcoa feedstock to consistently produce HPA at more than 99.99% Al2O3 (aluminum oxide) purity.

DGAP-News: FYI Resources: MUTUAL EXTENSION TO POTENTIAL HPA JV EXCLUSIVITY AGREEMENT

Retrieved on: 
Friday, September 3, 2021

- Parties agree to extension of the current Exclusivity Agreement to finalise the negotiations of the binding term sheet.

Key Points: 
  • - Parties agree to extension of the current Exclusivity Agreement to finalise the negotiations of the binding term sheet.
  • FYI Resources Ltd (ASX: FYI) ("FYI" or "the Company") refers to the Company's recent Exclusivity Agreement extension announced 4 August 2021 with Alcoa of Australia Limited (Alcoa) regarding a potential Joint Venture (JV) on FYI's high purity alumina (HPA) project.
  • FYI and Alcoa have formed an excellent working relationship whilst negotiating the proposed HPA JV terms and conditions and a collaborative understanding of the potential development options and future opportunities for an HPA JV.
  • Managing Director of FYI, Mr. Roland Hill commented: "Alcoa and FYI have made tremendous headway in negotiating the significant HPA JV opportunity.

DGAP-News: FYI Resources:  HPA JV EXCLUSIVE AGREEMENT EXTENSION

Retrieved on: 
Wednesday, August 4, 2021

FYI Resources Ltd (ASX: FYI) ("FYI" or "the Company") refers to the Company's 90-day Exclusive Agreement dated 5th May 2021 with Alcoa of Australia (Alcoa) regarding a Joint Venture on FYI's HPA project.

Key Points: 
  • FYI Resources Ltd (ASX: FYI) ("FYI" or "the Company") refers to the Company's 90-day Exclusive Agreement dated 5th May 2021 with Alcoa of Australia (Alcoa) regarding a Joint Venture on FYI's HPA project.
  • A JV would leverage off the respective parties' capabilities to create a material global HPA business in the rapidly growing, high tech energy materials sector.
  • The short extension is essential to complete the work described above and to facilitate completion of negotiations and drafting of a binding agreement.
  • Managing Director of FYI, Mr. Roland Hill commented: "Alcoa and FYI are negotiating a significant opportunity for a unique Joint Venture to leverage our combined strengths to capture opportunities in the high-growth HPA market.