06 MAY 2011www.theaustralian.com.au
Alumina too cheap despite 28pc price rise, producer says
Edited by : AL CIRCLE
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Alumina too cheap despite 28pc price rise, producer says
The strong Australian dollar and higher energy prices were constraining its performance, the company said.
Margins for the commodity were tighter than they should be and its price did not reflect the cost and economics of producing and selling it, chairman Don Morley said.
China had been able to increase alumina and aluminium production to meet demand, which had limited price increases.
The strong Australian dollar and higher energy prices were constraining its performance, the company said.
Margins for the commodity were tighter than they should be and its price did not reflect the cost and economics of producing and selling it, chairman Don Morley said.
China had been able to increase alumina and aluminium production to meet demand, which had limited price increases.
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