Greece's Mytilineos expects positive alumina performance

3rd May 2018

By: Reuters


Font size: - +

ATHENS – Mytilineos sees positive prospects for its alumina business in Greece despite surging alumina prices, the Greek industrial group said on Thursday.

Its vertically-integrated feed and lower production costs have shielded it and created "positive prospects" for its alumina business in the short and the medium term, the company said in a first-quarter trading update.

Prices for alumina surged last month after the United States imposed sanctions on Russian aluminium producer Rusal.

Alumina is extracted from bauxite ore and smelted to form aluminium. Its supply is already tightening due to a partial outage of a plant in Brazil.

Mytilineos operates an alumina refinery in central Greece with an annual output of 820 000 t and aims to spend $400-million to boost its capacity to one-million tonnes.

Edited by Reuters


The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?