ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

Good News, page-266

  1. 365 Posts.
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    Here Here Fitnfam. You are right - other positive are the tariffs on rebar and the tariffs on the Australian part of Mloycop's operations - also recent tele linkup between Turnball and Obama and G7 meeting to discuss and make new effective policy to counter Chinese Dumping of excess steel on world markets.

    Maybe the Overseas operations of Molycop's operations will also receive anti-dumping tariffs in place which will assist to boost the sale price of Molycop which will probably be put back on the market in around August this year.

    Also, my understading is that Arrium gets around 87.5% of the FE price so a little more profitable - also they are supposed to be lowering the capex spend per tonne to only A$3 per tonne.
 
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