Brief: Adbri Gives Alcoa Supply Contract Update

Adbri

20/03/2024 01:31

March 20 (Reuters) - Adbri Ltd  ABC.AX :
    * ALCOA SUPPLY CONTRACT UPDATE
    * ADBRI AND ALCOA HAVE AGREED TO AMEND COMPANY'S QUICKLIME
SUPPLY
AGREEMENT TO CATER FOR CHANGING DEMAND
    * AS A RESULT OF THIS REVISION, ADBRI EXPECTS LOWER LIME
VOLUMES
IN 2024 AND BEYOND
    * UNDER NEW ARRANGEMENT COCKBURN CEMENT  WILL SUPPLY ALCOA
ON
REVISED TERMS UNTIL END OF APRIL 2024
    * CURRENTLY EXPECTS DEMAND FOR BALANCE OF ITS PRODUCTS TO
REMAIN
STRONG AND BROADLY IN LINE WITH FY23

Further company coverage:  ABC.AX 

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