Fastmarkets has corrected its MBU-ALU-0002 alumina index, fob Australia and corresponding inferred prices, which were published incorrectly on Friday February 21, due to an incorrect methodology application.

Markets will be required to pay a premium for green alumina soon because of producer Alunorte’s developments in terms of decarbonization and sustainability, Carlos Neves, vice president of operations at Hydro Bauxite and Alumina, said in an interview with Fastmarkets on Tuesday January 7.

European imports of pipeline natural gas from Russia via Ukraine have ended, putting the region’s metals smelters and refineries on alert for potential hikes in operational costs.

The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous metals, via an open consultation process between October 8 and November 7, 2024. This consultation was done as part of our published annual methodology review process.

Explore the world of green aluminum as we uncover its role in advancing sustainability. Discover what this means for industry professionals, buyers, traders, and manufacturers, and see how it can reshape our future

Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.

Correction to rationale for alumina index, fob Australia on October 4

The publication of Fastmarkets’ price assessments of calcined alumina on Thursday October 3 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

After assessing market feedback, Fastmarkets is extending by two weeks the consultation period for its proposal to launch an additional low-carbon differential for P1020 aluminium in Europe.