In mid-January this year, Indonesia announced the resumption of bauxite exports, and at the end of March the company received the first 850,000 tonnes of export quotas. This week, market participants teld the Asian metal network that they had signed the first contractto Indonesian bauxite supplier.
A Chinese trader has said that recently his compnay signed contracts buying 55,000 tonnes bauxite form Indonesian, and is currently preparing inventory shipments. " Supposely,our supplier will deliver the product in early July," he said.
Indonesian bauxite mine owners have confirmed that they have recently signed about a contract ,exportinh 55,000 tons of bauxite to China.