S32 1.35% $3.66 south32 limited

Banning exports of alumina to Russia

  1. 15 Posts.
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    https://www.reuters.com/world/australia-bans-alumina-exports-russia-sources-coal-ukraine-2022-03-19/

    Does anyone have data on how much product S32 exports to Russia? The government claims Australia supplies 20% of Russia's alumina.

    As this is a national security issue, I imagine exporters will not have received any notice.

    I plan to hold S32 for many years, so am not too fussed, and support the need for sanctions, but this will likely play out for 12-18 months like it did for the thermal coal exporters after the China import ban.
 
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