Japan's Itochu, Sojitz award 2-year Australian alumina term tender

　　Japan's Itochu and Sojitz on Friday awarded a two-year alumina term sell tender that closed October 26, a vendor source said Monday.

　　However, at the buyer's request the pricing details could not be disclosed, he said.

　　The tender called for up to 360,000 mt to be shipped from Australia's Worsley Alumina between January 2013 and December 2014, with participants invited to submit bids for one- and two-year options.

　　Each shipment will be comprised of 30,000 mt, to be loaded at regular intervals during the term of the contract, and priced as a percentage of three-months LME aluminum values. Bids were required to be valid until November 9.