Hi U Bauxite is actually in a very good position now and a very bright future going ahead. AWC and S32 had re-rates today from sell and hold to buy and also price re-rates. Aluminium is also involved in the EV boom to come as the preferred metal in car manufacture due to weight saving and also the explosion in plane orders to Boeing and Airbus. It is also the reason why scandium is in the future is going to have a huge market from to current 10-15Tpa, to be used as an alloy to strengthen the Al thus saving more weight. Rio is currently constructing a large new bauxite plane in Weipa.
The Al future is why I hold AWC and S32.
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18 | 5775219 | 0.006 |
15 | 8920000 | 0.005 |
7 | 4250000 | 0.004 |
2 | 2175000 | 0.003 |
Price($) | Vol. | No. |
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