A growing focus by consumers on Scope 3 carbon emissions is putting raw materials, such as bauxite and alumina, in the spotlight

Glencore has started to beef up its aluminium business unit with the acquisition of stakes in bauxite and alumina assets

The fallout from Russia’s invasion of Ukraine is changing global trade flows for bauxite, with Brazilian material once again flowing into China and with the introduction of export restrictions elsewhere likely to influence availability through 2023

Fastmarkets has amended the specifications and publishing time of its price assessment for Bauxite fob Brazil following an extended consultation

Key talking points at Fastmarkets’ bauxite and alumina conference, held in Miami, United States, April 26-28.

Fastmarkets proposes to launch a bauxite cif China price and discontinue its existing fob Guinea and Brazil prices to better reflect changing market preferences.