S32 0.00% $3.65 south32 limited

Further to this, from July to December last year, the aluminium...

  1. 3,914 Posts.
    Further to this, from July to December last year, the aluminium price was around 75c/lb, now it's around 86c/lb, up 15% but it's likely to reach around $1US/lb this year so up 40% and stay there for a while as the LME continues to fall, this means a revenue increase of least $1.2B USD p.a and that's not including the premium for the aluminum, currently at 4c and this premium will increase as the price increases so revenue would be more.


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