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India NALCO seals 1-yr alumina contract

Thursday, Nov 16, 2006
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MUMBAI, Nov 16 (Reuters) - India's National Aluminium Co. Ltd. has finalised a one-year sale contract for 240,000 tonnes of alumina, its chairman said on Thursday.

The contract, with a Romanian firm, is at about 10 percent of LME price and will be in a range of $250-$290 per tonne, C.R. Pradhan told Reuters on the telephone.

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