06 FEBRUARY 2013Sharecast.com
Fourth quarter aluminium performance down at Eurasian Natural Resource
Edited by : AL CIRCLE
1 min read
FTSE 100-listed metal mining company Eurasian Natural Resources has acknowledged that its aluminium division operated below capacity in the fourth quarter of the year, whilst production of saleable copper declined against the corresponding period in the previous year.
In the three months ended December 31st, the group reported that bauxite extraction had decreased 17.5% and alumina production had contracted 12.4% against the fourth quarter of 2011 results. Aluminium marginally decreased by 1.6% compared to quarter four 2011 results while maintaining annual production volume at the 2011 levels.
In the three months ended December 31st, the group reported that bauxite extraction had decreased 17.5% and alumina production had contracted 12.4% against the fourth quarter of 2011 results. Aluminium marginally decreased by 1.6% compared to quarter four 2011 results while maintaining annual production volume at the 2011 levels.
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