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ZALK's Aluminium Output In 9M As Forecast

ZALK's Aluminium Output In 9M As Forecast

17 October 2008

The Zaporizhya Aluminium Mill (ZALK: HOLD) produced 68.7 ths mt of primary aluminium in 9M, down 5.3% yoy, near our forecast of -4 yoy. However, over the same period the company’s alumina output increased slightly by 0.9% to 194 ths mt slightly more than the 0.5% we expected.

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