1 - Alumina Limited (ASX:AWC)

Currently at their 52-week low, Alumina Ltd represents great value for a longterm investment. With a 15% share of the global market for aluminium,
continued efforts to lower production costs, and a strong, growing demand for
aluminium, now seems a good time to invest.
Quantit
y
purchas
ed
10,638

Purcha
se
price

Total Cost

Curren
t price

Total Current
Value

Profit/Loss

$1.41

$14,999.58

$1.42

$15,105.96

$106.38

Where are their mines located?

Alumina Ltd has a total of seven mines located around the globe. Two are located
in Western Australia the Huntly and Willowdale mines are approximately
7,000km2 and the lease provides access for the next 29 years. The Moengo,
Klaverblad and Kaimangrassie mines are located in north-east Suramine,
however at current production rates, the current supply of bauxite in this region
is likely to be exhausted in the next several years. Alternative sources in east
Suramine are being evaluated. Alumina Ltd also run operations in Juruti, Brazil.
These operations consist of a mine, a rail system and a port facility. Bauxite
mining company Halco own 51% of Compagnie des Bauxites de Guinea. Alcoa
World Alumina and Chemicals (AWAC) has a 45% interest in Halco and
Compagnie des Bauxites de Guinea manages several mines located in Sangaredi,
located in western Guinea.
What do they mine?
Alumina Ltd own 40% of Alcoa World Alumina and Chemicals (AWAC) the
worlds largest alumina business. AWACs primary focus is the mining and
refining of bauxite to produce alumina. They then market this alumina to
aluminium smelters worldwide and even process a percentage of it themselves.