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Refinery expansions, franking credits back on Alumina agenda


Refinery expansions, franking credits back on Alumina agenda
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Expansion of two alumina refineries in Western Australia could soon be back on the agenda, after Alumina Limited predicted demand for its eponymous commodity would soon exceed supply.
The growth signals came as the company said it was studying ways to release more franking credits to shareholders.
Alumina Limited chairman Peter Day and CEO Mike Ferraro on Tuesday. 
Eamon Gallagher
Alumina Limited flagged plans to spend hundreds of millions of dollars expanding its Wagerup and Pinjarra alumina refineries south of Perth two years ago, but shelved the feasibility studies in early 2020 when the coronavirus pandemic sparked an austerity campaign. ....

New York , United States , Peter Day , Alumina Limited , Grant Dempsey , Emergency Reserve , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , பீட்டர் நாள் , அலுமினா வரையறுக்கப்பட்டவை , மானியம் டெம்ப்சே , அவசரம் இருப்பு ,

Alcoa Exploring Technology To Further Reduce Carbon Emissions In Alumina Refining


Alcoa Exploring Technology To Further Reduce Carbon Emissions In Alumina Refining
PITTSBURGH (BUSINESS WIRE)
Alcoa Corporation (NYSE: AA) today announced a development project with the potential to significantly reduce carbon emissions in the alumina refining process, which would further enhance the Company’s strong sustainability performance across the aluminum value chain.
The Australian Renewable Energy Agency (ARENA) has granted to Alcoa of Australia $8.8 million (A$11.3 million) to test the potential use of renewable energy in a process known as Mechanical Vapor Recompression (MVR). Alcoa of Australia is currently conducting technical and commercial studies to adapt MVR technology to refining. Electricity sourced from renewable energy would power compressors to turn waste vapor into steam, which would then be used to provide refinery process heat. ....

Western Australia , Eugenio Azevedo , Alumina Limited , Dissemination Of Company Information , Company Sustana , Exchange Commission , Australian Renewable Energy Agency , Alcoa Corporation , Mechanical Vapor Recompression , Vice President , Alcoa World Alumina , Private Securities Litigation Reform Act , Business Wire , மேற்கு ஆஸ்திரேலியா , யுஜீநீயோ அஸிவேடோ , அலுமினா வரையறுக்கப்பட்டவை , பரப்புதல் ஆஃப் நிறுவனம் தகவல் , பரிமாற்றம் தரகு , அல்கோவா நிறுவனம் , துணை ப்ரெஸிடெஂட் , அல்கோவா உலகம் அலுமினா , ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம் , வணிக கம்பி ,

Alcoa Exploring Technology to Further Reduce Carbon Emissions in Alumina Refining


Alcoa Exploring Technology to Further Reduce Carbon Emissions in Alumina Refining
on May 20 2021 11:00 PM
PITTSBURGH (BUSINESS WIRE) Alcoa Corporation (NYSE: AA) today announced a development project with the potential to significantly reduce carbon emissions in the alumina refining process, which would further enhance the Company’s strong sustainability performance across the aluminum value chain.
The Australian Renewable Energy Agency (ARENA) has granted to Alcoa of Australia $8.8 million (A$11.3 million) to test the potential use of renewable energy in a process known as Mechanical Vapor Recompression (MVR). Alcoa of Australia is currently conducting technical and commercial studies to adapt MVR technology to refining. Electricity sourced from renewable energy would power compressors to turn waste vapor into steam, which would then be used to provide refinery process heat. ....

Western Australia , Eugenio Azevedo , Jim Beck , James Dwyer , Alumina Limited , Dissemination Of Company Information , Company Sustana , Exchange Commission , Australian Renewable Energy Agency , Alcoa Corporation , Mechanical Vapor Recompression , Vice President , Alcoa World Alumina , Private Securities Litigation Reform Act , மேற்கு ஆஸ்திரேலியா , யுஜீநீயோ அஸிவேடோ , ஜிம் பெக் , ஜேம்ஸ் ட்வையர் , அலுமினா வரையறுக்கப்பட்டவை , பரப்புதல் ஆஃப் நிறுவனம் தகவல் , பரிமாற்றம் தரகு , அல்கோவா நிறுவனம் , துணை ப்ரெஸிடெஂட் , அல்கோவா உலகம் அலுமினா , ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம் ,

Time for a reality check?


Over five years, all ASX sectors are up with the exception of Telcos, where Telstra has been the perennial laggard. Over the past Covid year, however, more balance has entered the picture, with IT still being, by far, the dominant sector driving returns but with Materials being the next best performer, dominated by the iron ore names especially Fortescue. Several sectors – Energy, Utilities, Industrials, REITS and Health Care – underperformed. A year ago, was Health Care seen as the obvious underperformer through the course of a pandemic? More broadly, we would describe that performance through the last year as less of a value rally than as a balanced market, just as the so-called value rally on the ASX through recent months has been narrowly led by the banks, where lagged performance until the past several months is now starting to mirror the rage arising in the housing market. ....

United States , New South Wales , Andrew Mackenzie , Jeanne Johns , Alumina Limited , Health Care , Manganese Ore , Fletcher Building , ஒன்றுபட்டது மாநிலங்களில் , புதியது தெற்கு வேல்ஸ் , ஆண்ட்ரூ மெக்கன்சி , ஜீன் ஜான்ஸ் , அலுமினா வரையறுக்கப்பட்டவை , ஆரோக்கியம் பராமரிப்பு , மாங்கனீசு ஒரே , பிளெட்சர் கட்டிடம் ,