Digital platform Metalshub said on Tuesday it has partnered with Hindalco Industries to launch a digital tendering process for spot alumina sales, with the first tender expected between October and December 2026.
- Hindalco partnered with Germany-based Metalshub to use structured, competitive digital bidding for metallurgical-grade alumina spot sales.
- Alumina, the main raw material used to make aluminium, is mostly sold through long-term contracts rather than on the spot market. Spot assessments are often based on surveys, not confirmed transactions, Metalshub said.
- The companies said the process would allow a wider pool of qualified buyers to submit confidential bids through competitive request-for-bid events.
- The platform generates transaction data from competitive bidding, the release said, adding that digitalisation has increased liquidity and improved commercial outcomes in markets including lithium and industrial minerals.
- Metalshub is also working with the London Metal Exchange and Commodity Pricing and Analysis Ltd on transaction-based price discovery for critical raw materials, including alumina, it said.
