Indonesia Harita Group’s First Bauxite Vessel to Shandong Lubei Enterprise Group

SHANGHAI, Nov.3 (SMM)－On Oct.29^th, Indonesia Harita Group formally resumed its bauxite export. Its first 55,000 tonnes bauxite vessel shipped to Shandong Lubei Enterprise Group. This batch of bauxite is Harita’s inventories in 2013. Since current ocean freight reaches $12 per dry tonne, and aluminium oxide content is 48%, CIF China of bauxite of 12% silicon dioxide is about $54 per tonne. Up to end of October, Lubei Group has imported 400,000 tonnes Indonesian bauxite.

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