If you look at the chart for AA:US, it's not hard to envisage the price could get back to $US50, which is where it was in March 2023. Its share price hit $US90 in March 2022. If it does get back to $US50, and our dollar edges up to say $0.68, then the implied AWC share price is $2.10. I think it is likely there is more upside from here!
Ann: Alumina and Alcoa enter into Exclusivity Deed, page-46
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