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Outlook: Alcoa maintains its 2024 Alumina segment production forecast at 9.8 to 10 million metric tons while increasing its shipment projection to 12.9 to 13.1 million metric tons, up by 0.2 ...
Alcoa World Alumina and Chemicals (AWAC) is a subsiduaty of Alcoa. AWAC's business is the mining of bauxite , [ 1 ] the extraction of alumina ( aluminium oxide ) and the smelting of aluminium. It has about 25% of the global alumina market.
Alumina was founded in December 2002 when Western Mining Corporation spun off its aluminium and bauxite assets. [1]Alumina's only business activity is as the owner of a 40% share in Alcoa World Alumina & Chemicals (AWAC), a joint venture with Alcoa.
As rising costs and lower prices pressure aluminum producers, Alcoa said it is shuttering two more smelting operations in Brazil, which follows its closure of a smelter in Australia last month and ...
In 1998, Alcoa acquired Alumax in a cash and share deal for $2.8 billion. Alcoa paid $50 a share in cash for half of the shares and 0.6975 Alcoa share for each of the remaining Alumax shares. Alcoa also assumed $1 billion in debt. [19]
In conjunction with its fourth-quarter earnings, Alcoa provided investors with its 2013 demand growth forecast for its end markets. Among the more interesting areas where it sees strong demand ...
100% Alcoa World Alumina & Chemicals [3] Slovakia Slovalco 0 - since at least 2010 only aluminum, not alumina, produced by the company 100% Zavod SNP [5] (United Nations 2000) Slovenia Talum Alumina 0 - since at least 2010 only aluminum, not alumina, produced by the company 100% Eti Holding S.A. [5] Suriname Paranam
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