Aluminum Dunkerque reaches deal to buy alumina feedstock from Glencore
2022-03-11 13:56:43 [Print]
French smelter Aluminium Dunkerque recently signed a deal to source feedstock alumina from commodity trader Glencore, broadening its supply chain after previously buying only from Trafigura.
The smelting firm has also signed a new deal to sell aluminum to Glencore, already a customer for its metal.
The multi-year contracts, effective from 2023, come at a time of disruptions to exports of commodities such as alumina after Russia invaded Ukraine, a major producer.
The smelter has the capacity to produce 286,000 tonnes of aluminum a year and an annual turnover of about $800 million.
The smelting firm has also signed a new deal to sell aluminum to Glencore, already a customer for its metal.
The multi-year contracts, effective from 2023, come at a time of disruptions to exports of commodities such as alumina after Russia invaded Ukraine, a major producer.
The smelter has the capacity to produce 286,000 tonnes of aluminum a year and an annual turnover of about $800 million.
Alumina 98.5%min EXW China
Unit:RMB/mt
China alumina producers' sales to production ratio statistics by province by month
Unit: %
