News: ABC Adbri Gives Alcoa Supply Contract Update

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    March 20 (Reuters) - Adbri Ltd (ABC) :

    • ALCOA SUPPLY CONTRACT UPDATE
    • ADBRI AND ALCOA HAVE AGREED TO AMEND COMPANY'S QUICKLIME SUPPLY AGREEMENT TO CATER FOR CHANGING DEMAND
    • AS A RESULT OF THIS REVISION, ADBRI EXPECTS LOWER LIME VOLUMES IN 2024 AND BEYOND
    • UNDER NEW ARRANGEMENT COCKBURN CEMENT WILL SUPPLY ALCOA ON REVISED TERMS UNTIL END OF APRIL 2024
    • CURRENTLY EXPECTS DEMAND FOR BALANCE OF ITS PRODUCTS TO REMAIN STRONG AND BROADLY IN LINE WITH FY23

    (([email protected];;))

 
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