11 FEBRUARY 2011AL CIRCLE
China demand boosts Alumina outlook
Edited by : AL CIRCLE
1 min read
...ALUMINA has returned to profitability on a $US57 million ($A56.6 million) turnaround and China's insatiable demand for the commodity is set to push prices higher.
Alumina posted a $US34.6 million full-year profit compared to a $US23.7 million loss in 2009.
Underlying earnings were $US37 million in the year to December 31. This was up from $US300,000 in the previous corresponding period...
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