7*24 Hotline：
Turkey's CTC Energy Mining, the country's big bauxite producer, resumed production at the beginning of August and expects to produce about 200,000 tons in August, a source at the company revealed.
"We resumed production earlier this month and expect to produce about 200,000 tons in August," said the source, who produced about 90,000 tons in July and stopped production in mid-July because of the Gurban holiday. The company, which has an annual capacity of 3 million tons, produced about 900,000 tons in the first seven months of this year, compared with a total of about 1.4 million tons last year, and currently has a stockpile of about 500,000 tons. They are currently offering bauxite Al2O3 55%min SiO2 7%max at a discounted price of around $50/mt CIF, stable from earlier this month, and they will export the third batch of about 170,000 tons of bauxite to China via capesize cargo ship in August.
The current Turkish bauxite Al2O3 55%min SiO2 7%max mainstream deal price is around $50/mt CIF China with freight of around $29/mt.
Translated with www.DeepL.com/Translator (free version)
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