Not correct, slide 22 is showing the increase in revenue from sales volume; the Australian Manganese revenue increased $34m because of increased volume.
Looking at the half yearly results, Aus manganese makes up $318m of annual revenue (~9%). The EBIT contribution was almost 25% given the poor performance of some of the other segments as you can see from the extract below.
So it's safe to say it is potentially a material impact to the company's financial performance if there is an indefinite or long term shut down of the mine given the inability to load the product to ships. Lets hope they can find a solution quickly. From the below we also clearly need the aluminium price to rise to make the two offshore aluminum mines profitable.
Not correct, slide 22 is showing the increase in revenue from...
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