Rio Tinto, Japan set Q1 aluminium deal at $240/T premium -sources

TOKYO Wed Dec 12, 2012 3:34am GMT

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TOKYO Dec 12 (Reuters) - Japanese buyers have agreed an aluminium premium for some January-March shipments of $240 per tonne with Rio Tinto Alcan, down from a record $254-$255 in the previous quarter, three sources directly involved in the talks said on Wednesday.

Rio Tinto Alcan offered the premium of $240 last month. It was lower than Alcoa's offer of $247 and BHP's $249, two of the sources said.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.