Insight
Alumina market review: everything that can go wrong…
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Rio Tinto has declared force majeure on third-party contracts for alumina exported from its refineries in Queensland, Australia. An incident at Jemena’s Queensland gas pipeline in early March has restricted gas supplies to Rio Tinto’s refineries. The Yarwun and QAL refineries have a combined alumina capacity of 7-Mpta. The refineries account for nearly 4.5% of global alumina supply and 10.4% of the ex-China supply. In this insight, we ascertain the impact of the disruptions on the alumina market.
Table of contents
- How much third-party alumina supply is affected?
- The world ex-China alumina deficit increases in Q2 and Q3.
- Alumina supply developments to determine spot prices in the coming months.
Tables and charts
This report includes the following images and tables:
- Third-party alumina exports Queensland, 2023
- Alumina disruptions 2024
- China alumina trade, kt
- Global alumina balance, (Kt)
What's included
This report contains:
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