i am comfortable with S32 taking over Alumina. It would sit nicely with Worsley and the SA aluminium smelters.
I have concerns about a non-operated $5b investment, though!
S32 would at least want a say in investment decisions, input on production & pricing and to sell its share of production.
Some of these matters are addressed in the 1 September 2016 re-negotiated Alcoa/Alumina agreement here:
http://www.aluminalimited.com/database-files/view-file/?id=8290
The new agreement allows either party to develop JV assets alone.
AWC Rumours, page-3
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add S32 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.55 |
Change
-0.020(0.56%) |
Mkt cap ! $16.07B | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.61 | $3.54 | $39.89M | 11.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 336927 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.55 | 48783 | 3 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| S32 (ASX) Chart |