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

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

The following sentence was amended to the rationale for MB-ALU-0002 alumina index, fob Australia:

“FOB WA index ends week up $19.38/t, from $558.11/t the previous Friday.”

The published price was unaffected by this change.

Fastmarkets’ pricing database has been updated to reflect these changes.

These prices are part of the Fastmarkets base metals package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to these indices, please contact Laura Roberts by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Laura Roberts, re: Alumina index, fob Australia.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Freeport-McMoRan is in the process of ramping up its new copper smelter in Gresik, Indonesia, in a move that has seen the company switch away from being a marketer of concentrates as it becomes a fully integrated producer in the country, the company's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.
The publication of Fastmarkets’ Mineral Sands Monthly price assessments for Thursday October 3 was delayed to 17:51 from 16:00 due to a reporter error. Fastmarkets’ pricing database has been updated.
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.
The publication of Fastmarkets’ India import aluminium scrap price assessments for Wednesday October 2 were delayed because of the Gandhi Jayanti public holiday in India. 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.