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July 3 (Reuters) - Adbri (ABC) : UNIT INFORMED BY ALCOA OF...

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    03/07/20
    11:15
    Post #: 45621243

    July 3 (Reuters) - Adbri (ABC) :

    • UNIT INFORMED BY ALCOA OF AUSTRALIA THAT IT HAS ELECTED NOT TO RENEW LIME SUPPLY CONTRACT EXPIRING 30 JUNE 2021
    • CONTRACT CONSTITUTES ABOUT $70 MILLION IN ANNUAL REVENUE FOR GROUP
    • NON-RENEWAL IS NOT EXPECTED TO MATERIALLY IMPACT REVENUE UNTIL POST JUNE 2021
    • NOT POSSIBLE TO QUANTIFY FULL FINANCIAL IMPACT OF NON-RENEWAL BY ALCOA AT THIS STAGE
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