Australia’s pioneering construction materials and industrial mineral manufacturing company, Adbri, has announced its contract extension with South32 alumina refinery.
The five-year deal comprises of the exclusive supply of lime to the South32 Worsley Alumina refinery in Western Australia.
The contract extension to May 2029 is driving the supply relationship with the refinery to over 40 years.
The gross revenue over the term of the contract to 2029 represents approximately $224 million, which is subject to volume and price adjustments over this period, on materially similar commercial terms.
Nick Miller, CEO, Adbri, said: “We are pleased to extend our long-term relationship with South32’s Worsley Alumina refinery.”
“The extension of the contract demonstrates the strength of our Western Australian production and transport infrastructure assets which enable us to deliver a high-quality product offering that is competitive against imports.
“Our lime business remains uniquely positioned with operations and logistics capabilities strategically located to reliably supply customers in Western Australia, South Australia and the Northern Territory.”
source https://www.alcircle.com/news/adbri-secures-exclusive-lime-supply-contract-extension-with-south32-worsley-alumina-refinery-62361
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