Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
FLSmidth will supply machinery and equipment for the 0.5Mt/annum extension of the world class refinery of Utkal Alumina International Limited (UAIL) in Odisha.
Utkal Alumna International is a wholly-owned subsidiary of Hindalco Industries, an industry leader in aluminium and copper. It is the metals flagship company of the Aditya Birla Group, the world’s largest aluminium rolling company and one of the biggest producers of primary aluminium.
Hindalco is a global major in the field of aluminium with world-class operating facilities
When finalising the contract, Rakesh Mohan, Vertical Head Projects, MCoE, Hindalco, Mumbai was very pleased and proud to be continuing Hindalco’s partnership with FLSmidth and with the decision to choose FLSmidth for all the critical parts of the project. While stressing the need for on-time delivery and quality, he complimented FLSmidth and its team on their professional competences and commitment.
The contract was finalised at a recent meeting of Hindalco’s and FLSmidth’s top managements.
“Hindalco is a global major in the field of aluminium with world-class operating facilities. We are therefore very proud to continue partnering with Hindalco in their expansion programme in which safety and productivity are key. Because we cover the entire flowsheet of mining and minerals processing, we can provide a strong solution that gives our customers the best return on their investment when looking at the total cost of ownership. All of this with a minimal impact on the environment,” said Anders Bech, Regional President, in a statement.
The scope of this contract includes bauxite grinding, handling, mud washing, hydrate filtration and gas suspension calcination packages on an EPC basis (excluding civil works). Design, engineering, manufacturing, supply and erection of these units will be done by FLSmidth.
The project is to be completed by second quarter of 2020, and once operational, this plant will augment the alumina capacity by 0.5Mt/annum. This will be a fully integrated solution for Hindalco. FLSmidth’s state of the art products will reduce the energy consumption, minimise the environmental impact thanks to greater caustic recovery and will also reduce planned and unplanned equipment downtime by predictive and prescriptive maintenance.
Hindalco is one of the largest integrated primary producers of aluminium in Asia. They have a pan-Indian presence that encompasses the entire gamut of operations, from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions and recycling.
