Alumina Limited has reported a 128% lift in profit in its half-year results.
The company said the result was underpinned by a 57% increase in the alumina refining margin and this was was driven by higher alumina prices amid global supply disruptions.
?The medium term outlook is positive for aluminium as it will become even more critical in the transition to a lower carbon economy and this demand will flow through to alumina?, said CEO Mike Ferraro.
The Alumina share price is in the red today after the company announced its results.