http://www.smh.com.au/nsw/alcoas-yennora-closure-we-were-told-our-grandkids-would-have-jobs-here-20140218-32y0g.html
Just to confirm the bad news that the Yenorra Recycling facility is one of those closing and thus the end of MHM's feed stock. I truly feel bad for shareholders, this is devestating news for the company.
They have until the end of the year at the latest to robustly prove closed loop operations and a viable technology otherwise there really is nothing between them and rapid insolvency - even then I don't know what bargaining chips they really have without IP.
Hoping for a miracle for holders.
alcoa to close.., page-22
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