Bauxite

Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, January 18, 2023

The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.

Key Points: 
  • The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.
  • Production began in the second quarter 2022, and it is anticipated that it will ship approximately 34,000 metric tons in the first quarter 2023 (Alcoa share).
  • The Company expects lower Alumina Segment Adjusted EBITDA of approximately $55 million per quarter in comparison to the fourth quarter 2022, after excluding $35 million of non-recurrence for the Alumar refinery ARO adjustment and certain other non-recurring expenses from the fourth quarter 2022, starting in the second quarter 2023 and continuing through the fourth quarter 2023.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Standard Time (EST) on Wednesday, January 18, 2023, to present fourth quarter and full year 2022 financial results and discuss the business, developments, and market conditions.

The Worldwide Bauxite Industry is Expected to Reach $18 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 30, 2022

The product is soft in nature with a hardness of 1 to 3 on the Mohs scale.

Key Points: 
  • The product is soft in nature with a hardness of 1 to 3 on the Mohs scale.
  • Metallurgical grade bauxite is mainly used to produce alumina which is a key raw material for primary aluminum production.
  • Aluminum is preferable in various end-use industries such as automotive, medical, and construction which is expected to drive segment growth.
  • Based on region, North America is expected to register a CAGR of 3.9%, in terms of revenue, during the forecast period.

Rio Tinto releases second quarter production results

Retrieved on: 
Thursday, July 15, 2021

Shipments of 76.3 million tonnes (100% basis) were 12% lower than the second quarter of 2020 with some additional drawdown of inventories.

Key Points: 
  • Shipments of 76.3 million tonnes (100% basis) were 12% lower than the second quarter of 2020 with some additional drawdown of inventories.
  • Bauxite production of 13.7 million tonnes was 6% lower than the second quarter of 2020 due to ongoing system instability following severe wet weather in Eastern Australia in the first quarter.
  • Titanium dioxide slag production of 298 thousand tonnes was 14% higher than the second quarter of 2020 due to consistent production at the Fer et Titane (RTFT) metallurgical complex in Quebec.
  • On 4 June, we announced the appointment of Ben Wyatt as a non-executive director of the Rio Tinto Board.

Global Bauxite Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021

It is the main source of aluminium & gallium and consists mostly of aluminium minerals namely gibbsite, boehmite and diaspore.

Key Points: 
  • It is the main source of aluminium & gallium and consists mostly of aluminium minerals namely gibbsite, boehmite and diaspore.
  • Because of its high alumina content, bauxite is a primary source for alumina production, which is then processed to produce finished products and alumina production.
  • Rising alumina production is expected to drive the market for bauxite through upcoming years.
  • Furthermore, pure aluminum is used in the aviation industry, for oil and fuel pipes and foil and honeycomb structures.

M/V Nordic Nuluujaak Delivered to Pangaea Logistics Solutions Ltd.

Retrieved on: 
Wednesday, May 26, 2021

NEWPORT, R.I., May 26, 2021 /PRNewswire/ --Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today that M/V Nordic Nuluujaak, the first Ice Class 1A Post Panamax dry bulk vessel in a series of four ships being built for Pangaea at Guangzhou International Shipyard in China, has been delivered to its Danish subsidiary, Nordic Bulk Carriers.

Key Points: 
  • NEWPORT, R.I., May 26, 2021 /PRNewswire/ --Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced today that M/V Nordic Nuluujaak, the first Ice Class 1A Post Panamax dry bulk vessel in a series of four ships being built for Pangaea at Guangzhou International Shipyard in China, has been delivered to its Danish subsidiary, Nordic Bulk Carriers.
  • The remaining three ships in the series will be delivered within the next few months.
  • Nordic Nuluujaak, and its sister ships, will comply with environmental regulations scheduled to come into force in coming years.
  • About Pangaea Logistics Solutions Ltd.
    Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) provides logistics services to a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone.

Information on the First Quarter Dividend Announced by the Company

Retrieved on: 
Tuesday, May 25, 2021

Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.

Key Points: 
  • Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.
  • Star Bulks vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.
  • Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore.
  • The words believe, anticipate, intends, estimate, forecast, project, plan, potential, may, should, expect, pending and similar expressions identify forward-looking statements.

Star Bulk Announces Results of Its 2021 Annual Meeting of Shareholders

Retrieved on: 
Thursday, May 13, 2021

Star Bulk\xe2\x80\x99s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.

Key Points: 
  • Star Bulk\xe2\x80\x99s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.
  • Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore.
  • Its common stock trades on the Nasdaq Global Select Market under the symbol \xe2\x80\x9cSBLK\xe2\x80\x9d.
  • Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Star Bulk Announces Dates for the Release of First Quarter 2021 and Results Conference Call and Webcast

Retrieved on: 
Wednesday, May 5, 2021

b'ATHENS, Greece, May 05, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter 2021 after the market closes in New York on Wednesday, May 19, 2021.

Key Points: 
  • b'ATHENS, Greece, May 05, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), today announced that it will release its results for the first quarter 2021 after the market closes in New York on Wednesday, May 19, 2021.
  • Access Code: 3128607#.\nThere will also be a simultaneous live webcast over the Internet, through the Star Bulk website ( www.starbulk.com ).
  • Star Bulk\xe2\x80\x99s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.
  • Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore.

Star Bulk Announces Availability of Its 2020 Annual Report on Form 20‐F

Retrieved on: 
Thursday, April 1, 2021

The Annual Report can be found on the Commissions website at http://www.sec.gov and on the Companys website at http://www.starbulk.com .

Key Points: 
  • The Annual Report can be found on the Commissions website at http://www.sec.gov and on the Companys website at http://www.starbulk.com .
  • Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.
  • Star Bulks vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.
  • Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore.

Star Bulk Carriers Corp. Announces Closing of Acquisition of 6 Dry Bulk Vessels From Eneti Inc.

Retrieved on: 
Tuesday, March 16, 2021

The Company issued to the ENETI affiliates2,649,203 common shares representing the shares consideration for the acquisition of the six vessels and assumed outstanding lease obligations of approximately$86.9 million.

Key Points: 
  • The Company issued to the ENETI affiliates2,649,203 common shares representing the shares consideration for the acquisition of the six vessels and assumed outstanding lease obligations of approximately$86.9 million.
  • Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.
  • Star Bulks vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products.
  • Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Oslo, New York, Limassol and Singapore.