December 2019

Hydro's Paragominas bauxite mine resumes ops; Alunorte ramps up

Production at Norsk Hydro’s Paragominas bauxite mine in the Brazilian state of Pará has resumed following the repair of an overturned transmission tower, allowing the Alunorte alumina refinery to ramp up, the Norwegian company said on Saturday December 28.

Chinese alumina price rebounds slightly on production cut news

The price of alumina in China edged higher this week, breaking a run of 14 consecutive weekly declines, on reports of substantial production cuts in the country.

IN CASE YOU MISSED IT: 5 key stories from December 23

Here are five Fastmarkets MB stories you might have missed on Monday December 23 that are worth another look.

China allocates 275,000-tonne quota in first round of aluminium scrap imports for 2020

The China Solid Waste and Chemicals Management Bureau will allow up to 275,465 tonnes of aluminium scrap shipments into the country in the first batch of import quotas for 2020.

China's alumina imports total 210,000 tonnes in November

China imported 210,000 tonnes of alumina from the seaborne market in November, down from 240,000 tonnes in October, but considerably higher than the 150,000 tonnes shipped in September when the import arbitrage window opened, according to Chinese customs data released on Monday December 23.

IN CASE YOU MISSED IT: 5 key stories from December 20

Here are five Fastmarkets MB stories you might have missed on Friday December 20 that are worth another look.

Alunorte capacity cut to have little effect on alumina price, market sources say

The benchmark alumina price will remain steady around $280 per tonne at the end of the week despite Hydro’s announcement late on Thursday December 19 that it has reduced production at its Alunorte alumina refinery to 50-70% capacity, market sources told Fastmarkets.

PRICING NOTICE: Delayed publication of aluminium Rotterdam dup premium, alumina index, lithium prices

All Fastmarkets prices and premiums due to be published at 4pm London time on Thursday December 19 were delayed due to a technical error.

IN CASE YOU MISSED IT: 5 key stories from December 17

Here are five Fastmarkets MB stories you might have missed on Tuesday December 17 that are worth another look.

Eskom power outages not seen affecting South32's aluminium deliveries

Market observers do not expect planned interruptions to power supply in South Africa by Eskom to affect deliveries from South32’s Hillside aluminium smelter, they told Fastmarkets.