Multinational commodity trading & company Glencore has decided to supply alumina to Aluminium Dunkerque, in return for which the former will be selling a portion of its aluminium output to the latter. This decision has been taken in regards to the Russia-Ukraine conflict, which has resulted in shipment disruption of alumina. Aluminium Dunkerque has also agreed to a multi-year arrangement with Glencore to sell a share of its aluminium in a multi-year agreement compatible with the company’s current customer obligations and focused on value-added goods. Commercial terms of the contracts are confidential. All prior arrangements between AD and Glencore have been canceledSeated in the northern French port of Dunkirk, Aluminium Dunkerque, one of the largest primary aluminium smelters in Europe produces 286,000 tonnes of aluminium per year, with an annual turnover of USD 800 million. It also employs over 600 workers.Following a debt default by a portion of former owner GFG Alliance, private equity company American Industrial Partners purchased the Dunkirk smelter last year.
Multinational commodity trading & company Glencore has decided to supply alumina to Aluminium Dunkerque, in return for which the former will be selling a portion of its aluminium output to the latter. This decision has been taken in regards to the Russia-Ukraine conflict, which has resulted in shipment disruption of alumina. Aluminium Dunkerque has also agreed to a multi-year arrangement with Glencore to sell a share of its aluminium in a multi-year agreement compatible with the company’s current customer obligations and focused on value-added goods. Commercial terms of the contracts are confidential. All prior arrangements between AD and Glencore have been canceledSeated in the northern French port of Dunkirk, Aluminium Dunkerque, one of the largest primary aluminium smelters in Europe produces 286,000 tonnes of aluminium per year, with an annual turnover of USD 800 million. It also employs over 600 workers.Following a debt default by a portion of former owner GFG Alliance, private equity company American Industrial Partners purchased the Dunkirk smelter last year.
