WORLD SURPLUS: Alumina Production to Boom Outside Australia

KEY MESSAGES

1. Australian alumina FOB spot prices have stagnated around $…per mton amid lower…
    
2. However, world alumina production is set to boom outside Australia amid new expansions in China, India, Indonesia during…
    
3. World alumina demand will accelerate in… but at a softer pace than…
    
4. HARBOR expects the world alumina market to post in… its first surplus in… years and oversupply conditions to intensify in…
    
5. World alumina refining cost is trending down amid…
    
6. HARBOR sees current Australian alumina spot price… However, prices below $… look fundamentally…