Knowledge

Home > Knowledge > Content
Macquarie: it's no wonder that Pacific aluminum is selling $2 billion
Aug 16, 2017

Macquarie: it's no wonder that Pacific aluminum is selling $2 billion

Rio Tinto Group has been seeking to sell its Pacific aluminium since 2011 because it does not meet the company's world-class asset standards, Macquarie analysts said in a August 14th report. According to the current spot price, the smelter will still be influenced by the factors of price rise, labor unions and the basic power supply reliability rate is uncertain ", but have a strong cash flow. In the first half of 2017, the smelter's breakeven cost line was about $1630 / ton.

Although foreign media reports claimed that the potential valuation of Pacific aluminum was $1 billion. But Macquarie believes that the appreciation potential of Pacific aluminum is so great that it is not surprising to sell $2 billion.








Copyright © Southwest Aluminum (Kunshan) Co.,Ltd All Rights Reserved.Tel: +86-512-55105768