S32 1.63% $3.73 south32 limited

Aluminium, page-149

  1. 5,577 Posts.
    lightbulb Created with Sketch. 1387
    https://hotcopper.com.au/data/attachments/6113/6113983-a21dc8d97538b9eff4b459c4cc2101f0.jpg
    https://tradingeconomics.com/commodity/aluminum

    Looks a robust rise, though it may be just a reaction to the non-news banning Russian Al from western metals exchanges.

    It is consistent with recent spiky rises in other metals.

    A reminder, the aluminium chain is half S32's assets - more now coal is sold. If prices hold, expect a generous re-rating.

    Ash
 
watchlist Created with Sketch. Add S32 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.