Australian alumina ban disrupts Rusal production -- Australia's ban on exports of alumina and aluminium ore to Russia, including bauxite, will further disrupt supply chains and production at leading aluminium producer Rusal, consultancy Wood Mackenzie said on Monday.
The Australian government announced the ban on Sunday as part of its ongoing sanctions against Moscow for its aggression in Ukraine, saying Russia relies on it to meet one-fifth of its alumina needs. WoodMac senior manager Uday Patel said in a statement that the ban would make it difficult for Rusal to maintain normal primary aluminum production.
Rusal said it was assessing the impact of Australia's move and would make further announcements if necessary. "It is increasingly likely that UC Rusal's only option for alumina procurement will be through a Chinese entity." The Australian alumina ban has also had an impact on the Inconel625 prices for chemicals. Patel said. "One possible outcome could be Chinese buyers buying alumina and reselling it through eastern Russian ports." Rusal has a 20% stake in the Queensland Alumina Refinery, which has a capacity of 3.95 million tonnes a year, thus providing Rusal with 790,000 tonnes a year, Patel said. In addition, Rusal's Nikolaev refinery in Ukraine, which has an annual capacity of 1.75 million tonnes, has been suspended due to the conflict, he added. WoodMac said Rusal was also experiencing supply chain problems at its 2 million tonne a year Aughinish refinery in Ireland.
What is Inconel625?
Inconel625 alloy (UNS6625) is an austenitic superalloy with nickel as the main component. It has excellent properties of extensive oxidation resistance and corrosion resistance. It is suitable for many applications including jet engine environment, aviation and chemical processing. field. The alloy also has extraordinary fatigue resistance at low temperatures down to 2000 degrees Fahrenheit (1093 degrees Celsius).
Main features of Inconel625
The strength of Inconel625 alloy comes from the strengthening effect of molybdenum and niobium solid solution contained in nickel-chromium alloy. These elements also give the alloy its excellent corrosion resistance properties. While the alloy is designed for strength in high temperature environments, its high alloying combination gives it a high degree of resistance to general corrosion as well as resistance to a wide range of oxidizing and non-oxidizing environments. The content of chromium and molybdenum makes the alloy have excellent resistance to the pitting caused by chloride ions, and the high nickel content enhances the resistance of the alloy to chloride stress corrosion cracking.
This material is highly formable and easier to weld than many nickel-based alloys. Even in the as-welded condition, the alloy remains resistant to intergranular corrosion.
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Prior to the impact of COVID-19 on the chemicals and materials industry and the price of the Inconel625, many industry observers expected low to flat growth in 2021 in all regions outside Asia, with many countries seeing slower growth compared to recent years. Operational excellence has long been a hallmark of the chemical industry, and many companies are financially able to withstand short-term dips in end-market demand due to rapid leverage from reduced capex on hand.
The analysis shows that, whatever the final course of the pandemic, we can expect the inevitable long-term effects. Workplaces are expected to slowly return to pre-COVID-19 practices. Companies investing in enterprise-wide digital initiatives saw these "payoffs" in the early pandemic environment.
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