Alcoa Suspends Bauxite Liftings Juruti
U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the latest in a series of disruptions to hit the aluminium raw material supply chain, which have pushed alumina prices to record highs and supported aluminium prices.Alcoa declared force majeure at its bauxite mine in the Juruti region on Wednesday as an inaccessible waterway hindered its ability to supply its customers, an…
Grounded Cargo Ship Breaks Apart Off South Africa
More equipment is being readied to contain an oil spill from a ship which ran aground and started to break apart in stormy weather on South Africa's west coast, although there are no signs of affected wildlife yet, authorities said on Monday.Rough sea swells have battered the Panama-flagged general cargo vessel "Ultra Galaxy" since it drifted onto a sand bank three weeks ago close to Doring Bay, some 300 km (186 miles) north of Cape Town, after the ship's crew abandoned the vessel…
