Alcoa declared force majeure on bauxite shipments from its Juruti mine in Brazil on November 7, 2024, due to a vessel stranded in the channel near the port obstructing transportation. This disruption poses significant challenges for global alumina supplies, which are already under pressure due to constrained production.
However, the statement did not provide an estimate for when shipments might resume. According to a trader source, the vessel has been stranded near the Juruti port since late October, and bauxite shipments have been halted for nearly or more than 10 days.
According to industry experts, the Alumar alumina refinery is currently grappling with significant challenges due to shortages of bauxite supply from the Juruti mine in Brazil. The bauxite source is vital to Alumar’s operations, and the supply disruptions could severely affect its ability to sustain consistent production. Alumar alumina refinery receives bauxite from Juruti Mines and MRN.
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