KUALA LUMPUR: Press Metal Aluminium Holdings Bhd could capitalise on rising LME aluminium spot prices in 4Q given that its Samalaju Phase 3 facility is expected to be just weeks away from being fully operational....
" This will allow 4Q21 to more freely capture the upside in LME aluminium spot prices vs a hedged sales proportion at 2021F’s USD2, 050/ tonne price....
" Hence, amid its slew of successive quarterly earnings growth, we foresee momentum picking up even stronger from 4Q21 onwards,"
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2021-08-25 00:00:00.0