S32 12.6% $2.99 south32 limited

Aluminium, page-149

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    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
 
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