Thank you for your contribution during a very busy 2017 and now with Christmas nearly here there are a number of reasons to celebrate. One of which has to be the uplift in aluminium prices with the LME tracking at over US$2,000/tonne for most of the second half of this year. Unfortunately this was followed by large increases in alumina, pitch and coke so the gains are offset by these input costs. Still it is good to see demand for metal strong and growing and a rally in prices after historic and prolonged lows.
We are forecast to deliver over $39 million of improvement projects by year end, which is a great result, and I have been delighted that our ‘critical few’ projects have received full site focus and support.
During the year we have also focussed on growing the revenue streams in the foundry, billet and high purity markets, and improving site safety performance.
For most of the year we were tracking well with safety, however our performance has deteriorated significantly since October. To date we have had seven recordable injuries - this is seven too many and we can (and must) do better. We will continue to focus on critical risks and controls in 2018. I firmly