Interesting read regarding the energy cost of 36% of total costs when producing al ...Laos electricity usage per Kwh is 5.8cents (mar11) whereas Australias for comparison is 21.35cents per Kwh (as at july 10). This is a fourfold cost per Kwh...doesnt take einstein to realise that there are major cost advantages in terms of energy usage and proximity to china which only means a stronger bottomline which other al producers are stuggling to achieve
VAN Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held