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Australian alumina prices likely to slide 12%

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According to the Australian Resources and Energy Economic Services Bureau, the average price of alumina this year is about US$339/ton, down by 12% year on year, due to slowdown of production.

The Bureau said in a report that until June 30th, 2013, the Australian alumina production is expected to increase by 12% to 22.9 million tons, mainly because the Ya-Wen (the Yarwun) oxidation aluminum refinery of the Rio Tinto Group has completed and it will increase its annual production by 3 million tons.
News Date 27 Mar 2012 11:28:50 reported by Susan Ni

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