Birdseye
The price for Alumina is $400-$500 per metric ton (spot price) therefore your figures are out.
The valuation based on Alumina is the true ORD value as we will be selling Alumina to China who will then be processing to Aluminium.
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- value of ord's share of the in ground bauxite
value of ord's share of the in ground bauxite, page-3
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