World of Metallurgy ERZMETALL 68 2015 No 3116 Economics Technology and Science rapidly with shallow buried resourc es are running out Shanghai Metals Market has found New bauxite re serves in the west of Caoyao coal field in Mianchi County Henan exceed 160 mill t a survey conducted during 2011 2013 showed Elsewhere in the province the amount of bauxite bu ried under coal field of Yiyang County was estimated at 41 58 mill t accor ding to a pre study of mining zones al ready under construction In addition an estimated 91 91 mill t of bauxite have been discovered in Yuzhou coal field and the nine ore bodies of Yan long coal field surveyed boast some 115 mill t of bauxite Chalco has star ted developing mining technologies for bauxite mining under coal field to explore resources in Shanxi and He nan and upgrading equipment so as to cut costs and improve efficiency of un derground operations alcircle com April 24 2015 Iran to launch anode manufacturing factory The managing director of Ira nian Aluminium Company has said launching of anode manufacturing factory would bring 54 mill to the economy in saving costs of import Hamid Badkoubeh told a press con ference that construction of the anode manufacturing unit would be started in late May in Kheirabad and would produce 100 kt of aluminium anode to provide Iran s Aluminium Com plex demands for anode and cut the dependence on imported anode Badkoubeh also said that China and Russia would suffer losses with the unit operating since these two are the major exporters of aluminium anode to Iran IRALCO produced 170 000 t of aluminium and a net prof it of 54 mill by the fiscal year ending on March 21 2015 which have been quite an achievement under sanctions and the difficulties accessing the raw material according to the EU IRAL CO had been put in sanctions list we filed a lawsuit in a EU court to lift the sanctions on the company Bad koubeh detailed now we continue the efforts to advance the agenda by more progresses in nuclear negotia tions A government bill required that the aluminium producing ovens be covered with lids to help protect the environment during an agree ment with China we had 75 ovens put lid by the first half of the past Iranian solar year and by the end of the year 75 ovens phased out of production cycle Badkoubeh told the press He also pointed to production of special metals with applications in aerospace and missile industries albeit with low er face quality due to the long years of service in casting metals but with excellent quality in terms of alloys We project to operate for the first time four new casting workshops in the first half of the current solar year an agreement with an Indian compa ny specializing in providing raw mate rial to produce aluminium was signed to export 200 000 t of raw material in competitive price which would be delivered through Imam Khomeini RA port he added alcircle com April 17 2015 Vedanta Resources is closing its Lish een zinc mine in Ireland in October this year The move by the company is expected to take out a large part of zinc concentrates from the market this year which is already expecting a deficit situation Lisheen is the sec ond largest zinc mine in Europe The mine produces about 165 000 t a of zinc metal in concentrate At an event Lisheen comes to the end of its life in financial year 2016 China MMG s Century zinc mine in Australia is also due to be closed this year Industry analysts expect a deficit of about 145 300 t in the zinc market this year and about 200 000 t of deficit in 2016 Mtlexs com April 23 2015 Alcoa to close the Anglesea power station Alcoa announced that Alcoa of Australia will permanently close the Anglesea coal mine and pow er station on August 31 2015 The Anglesea power station previously supplied approximately 40 of the power needs for the Point Henry smelter in Geelong Victoria Alcoa said in February 2014 that it would conduct a sales process for the site

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