If we don't hear anything this year on the JV/Demo plant then we should hear something mid January from Alcoa. Alcoa (William Oplinger - EVP, CFO) stated this week "And I know many of you have heard us talk about our capital allocation framework. It starts with maintaining a strong balance sheet. We then go to sustaining the assets, we're looking at an increase in sustaining capital next year on both sustaining and return seeking that we provided. We'll give you an update at the beginning of next year on the latest thinking there."
In other news Michael Gollschewski (head of Alcoa Australia) has left Alcoa.
FYI Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
