Alumina: Interim result 2014

Ignore the result. Industry conditions are finally improving and Alumina's share price is finally recovering.

Twice a year every year, Alumina ceremoniously releases results. Every year, we ignore them. There are few businesses whose results are less important than this one because Alumina is merely a holding company whose sole asset is a 40% stake in AWAC, the world's largest producer of bauxite and alumina.

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