Takeaways from Alcoa's Wall Street chat on South32 deal:
-Plans to mine WA's jarrah forest for 40 years
-Recognises only a third of the rehabilitation cost that S32 did
-WA exposed to Alcoa's willingness to rehabilitate a vast area of forest & toxic tailings
www.boilingcold.com.au/western-aust...
boilingcold.com.au
WA drives Alcoa to buy South32 aluminium business
The US company will have a monopoly over WA bauxite mining and alumina refining, which it plans to operate for 40 years.
