Twelve-year price lows in 2016 led to significant actions to right size the company and keep it strong and sustainable for the future
Some positive price signs in the market early in 2017 but remaining cautiously optimistic until sustainable momentum is seen
Negotiated new deal with Kazakhstan in 2016 that will bring many long-term benefits and make up for the cutback to production from Inkai joint venture in 2017
Will examine production and inventories in 2017 to offset the TEPCO contract cancellation, but confident in our case and that it won’t be the start of a trend
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