
NALCO floats tender to ship 300000 tonnes alumina
Reuters reported that India's state run National Aluminium Company Limited has issued a tender to export 300,000 tonnes of alumina for delivery in 2013.
The last date for submission of bids is October 16th 2012 and the deliveries will be made in batches between January and December next year.
NALCO, whose tenders serve as a global benchmark has sold 330,000 tonnes of alumina for deliveries in 2013, earlier this month, to a Singapore-based buyer at 16.07% of the LME aluminium price on an FOB basis.
Source - Reuters
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