India's EAC Recommends Environmental Clearance for Bauxite, Marl Mining Project Near Marine Sanctuaries

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Aug , 2026

[SMM Aluminum Express News] Norsk Hydro has reduced alumina production at its Alunorte refinery in Brazil to 50% following disruptions to natural gas supply from CELBA, part of New Fortress Group. To mitigate the disruption, Alunorte is purchasing spot gas, seeking direct access to the Barcarena LNG receiving and regasification terminal, and pursuing alternative long-term gas supplies. Hydro said production will begin ramping back to full capacity once gas availability normalizes. Hydro estimates the disruption could negatively impact its Bauxite & Alumina business by US$75–100 million in Q3 2026, reflecting both lower alumina production and gas purchases above the contracted price. The company said the ultimate financial impact remains uncertain.

[SMM Aluminum Express News] The future of Rio Tinto’s Bell Bay aluminum smelter in Tasmania remains uncertain as negotiations over a new 10-year electricity agreement with Hydro Tasmania face an estimated A$60 million annual pricing gap. Tasmania Energy Minister Nick Duigan said the difference is between the power price Rio Tinto says it needs to keep the smelter viable and the lowest price Hydro Tasmania can commercially offer. The current power agreement expires on 31 December 2026, putting more than 550 direct jobs at risk if a new arrangement cannot be reached. The Tasmanian government is calling for federal support to help bridge the gap, while uncertainty has emerged over Bell Bay’s access to Australia’s A$2 billion Green Aluminium Production Credit scheme. The federal government had previously indicated Bell Bay would be eligible, but recent comments suggested the credits are primarily intended for smelters transitioning from fossil-fuel power to renewables, whereas Bell Bay already operates on hydroelectricity. Hydro Tasmania said it has pushed its offer as low as commercially sustainable and indicated government support may be required to close the remaining gap.