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Alumina profits slump amid high costs, low metal prices

ALUMINA has blamed declining metal prices and rising production costs for its 61% drop in profits.

Charlotte Dudley
Alumina profits slump amid high costs, low metal prices

Net profit for the year was $A168 million, down 61% from $436 million in 2007. Alumina attributed the fall to reduced alumina prices in the second half of the year and higher average production costs....

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