Last two days:Marius Kloppers summarised as part of his...

Last two days:

Marius Kloppers summarised as part of his BHP-engine-with-at-least-one-piston-firing-on-full analogy that the aluminium sector declines were structural rather than cyclical. I.e. a dead piston.
Tom Albanese admitted that buying Alcan in 2007 was a dumb thing to do, and they would take a $US8.9b impairment on the acquisition. He also said that some of the Pacific Aluminium assets were for sale.
Alocoa indicated that the Point Henry smelter is losing money at the current ratio of Aluminium and electricity prices.