Alcoa, Inc. (AA) Financial News - Alumina First-Half Profit Jumps 53% on Higher Demand, Prices
Alcoa, Inc. (AA)
Alumina First-Half Profit Jumps 53% on Higher Demand, Prices
2011-08-12 03:33:00Quote: Alumina owns 40 percent of the Alcoa World Alumina & Chemical venture and Alcoa, the largest U.S. aluminum producer, the balance. The venture produces one quarter of the worldâ€™s alumina, which is refined into aluminum. Alcoa World â€œhas successfully based all new contracts entered into in the second half of 2010 on the alumina price indicesâ€ and â€œthese contracts are for delivery in 2011 and beyond,â€ Alumina said. Its realized prices climbed 28 percent from the first half of 2010, the company said. firstname.lastname@example.orgTim Smithtsmith58@bloomberg.net email@example.com@bloomberg.net ...
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