How does the recent industry consolidation impact Global Alumina?

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How does the recent industry consolidation impact Global Alumina?

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Though the recent consolidation reduced the field of potential industry partners and extended the duration of Global Alumina’s competitive bidding process, industry consolidation should have a very positive, long-term effect on Global Alumina’s profitability and growth prospects because highly concentrated industries generally exhibit greater control over market supply and pricing. As a minority, independent supplier to the market positioned as it is on top of the prime developable resource with premier partners, Global Alumina should reap the benefits of both.

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