S32 0.70% $2.86 south32 limited

Probably not losing money on Alumina, H1 costs for Worsley were...

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    Probably not losing money on Alumina, H1 costs for Worsley were $225, H2 realised price was $269. Would expect costs would have fallen in H2 as well from the currency movement, as well as lower input prices.

    Met coal shouldn't be any worse than breakeven, costs would have fallen from currency as well. SAEC never makes money, hence why they are trying get rid of it.

    They would be doing their ass on Aluminium though, but then so is just about every Aluminium producer at the moment. Costs so much to shutdown plants and restart them, so they tend to just push through the losses until they get bad enough to force them to shut permanently.
 
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