Ormet looks to sell alumina to Glencore
Nov 15, 2013 | 10:42 AM
| Michael Cowden
CHICAGO Ormet Corp. has inked a pact to sell about 32,000 tonnes of alumina to Glencore Xstrata Plc for $8.44 million.
The bankrupt Hannibal, Ohio-based aluminum producer is seeking court approval to sell the calcined metallurgical-grade alumina, valued at $263.75 per tonne, from its Burnside, La., refinery to Baar, Switzerland-based Glencore, according to court documents dated Nov. 14 and....
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