AWC 0.00% $1.45 alumina limited

News: AWC UPDATE 1-Alcoa to mothball Western Australia alumina refinery, up to 1050 staff at risk, page-6

  1. 8 Posts.
    can anyone explain to me (with no idea) why a plant closure, as as db76 writes possible further closures results in a 17% increase in share price? I understand kwinana may have been operating at a loss, but it is still core business ...
 
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Currently unlisted public company.

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