... and if you thought the S32 SP was very sensitive to the Aluminium price already, it will be hyper-sensitive to it in the future with such a high proportion of earnings coming from Alumina/Aluminium
... While everyone is rightfully talking about Copper demand and the supply crunch, there is also a huge demand potential for aluminium in the expansion of electricity networks, car manufacturing, zincalume steel products, computing, etc. but it will need a reliable and affordable energy supply - not sure that 'mango' gets it though, but no doubt Twiggy and the Greenies are telling him that Green Hydrogen, Wind, Solar and Snowy 2.0 will do the job
or maybe the backflip on gas policy shows Labor has finally realised their folly.
(20min delay)