BRIEF-Alumina Ltd says FY net profit after tax $0.5 mln

Thu, 20 Feb - 8:46am

Feb 20 (Reuters) - Alumina Ltd AWC.AX :

* Alumina Limited 2013 full year result AWC.AX

* Says no final dividend declared

* FY net profit after tax $0.5 million versus net loss of $55.6 million last year

* Says "during 2013, global consumption of aluminium is estimated to have increased by 5.3% on 2012 and is expected to increase in 2014 by

approximately 6%"

* Market conditions remain challenging"

* For 2014 approximately 65 percent of awac's 3rd party Alumina shipments to be on spot or index basis

* Awac's strategic initiatives to improve margins are on track

* Says expects awac 2104 production of aluminium of approximately 359,000 tonnes

* Expects 2014 awac sustaining capital expenditure approximately $240 million;

expects 2014 awac growth capital expenditure approximately $25 million

* Source text for Eikon News Search ID:nASX6TwjJX

* ((For more news, please click here AWC.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140219:nWNBS00BXW:11
Topics: 
RES ALU MET AU CMPNY BASMTL COM MINE METL ASIA BLR LEN RTRS BACT MIN RESF BMAT ALUM MTAL

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