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ABC - Adbri News Story

A$2.28 0.0  1.3%

Last Trade - 7:10am

Sector
Basic Materials
Size
Mid Cap
Market Cap £803.9m
Enterprise Value £1.09bn
Revenue £832.6m
Position in Universe 206th / 1835

BRIEF-Adbri Says Alcoa Of Australia To Not Renew Lime Supply Contract With Unit

Fri 3rd July, 2020 2:13am
July 3 (Reuters) - Adbri  ABC.AX :
    * UNIT INFORMED BY ALCOA OF AUSTRALIA THAT IT HAS ELECTED
NOT TO
RENEW LIME SUPPLY CONTRACT EXPIRING 30 JUNE 2021
    * CONTRACT CONSTITUTES ABOUT $70 MILLION IN ANNUAL REVENUE
FOR
GROUP
    * NON-RENEWAL IS NOT EXPECTED TO MATERIALLY IMPACT REVENUE
UNTIL
POST JUNE 2021
    * NOT POSSIBLE TO QUANTIFY FULL FINANCIAL IMPACT OF
NON-RENEWAL BY
ALCOA AT THIS STAGE

Source text for Eikon:  ID:nASX1Thfdd 
Further company coverage:  ABC.AX 

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