In the first instance Alcoa hasn't rehabilitated the Jarrah forest in WA.
The estimated $3-5 billion is comprised of 125 million tonnes of soil, tailings etc based on $25 per tonne. It could be considerably more, this is just an estimate of price.
It is shifting an enormous amount of soil. However, it is not trees to be planted. Iluka has the legal obligations and responsibilities and the enormous financial liability of returning the property to pre mining agricultural land. This entails substantially more than planting trees.
Iluka does not own the tailings from Jennings Farm, so return them and rehabilitate., page-12
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ILU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.45 |
Change
0.020(0.31%) |
Mkt cap ! $2.760B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.49 | $6.38 | $25.98M | 3.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 67917 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.45 | 31067 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ILU (ASX) Chart |