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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.
Alcoa Corporation (NYSE:AA) shares are trading higher on premarket Thursday. On Wednesday, the company reported third quarter sales of $2.904 billion, missing the consensus of $2.967 billion.
Alcoa World Alumina and Chemicals is a owned 100% by Alcoa Corp. and is abbreviated to AWAC. 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. Alcoa acts as the day-to-day manager.
Under the settlement terms, they will pay the SEC $175 million to settle the charges. To resolve the criminal claims with the DoJ, Alcoa World Alumina (AWA, a company within Alcoa World Alumina and Chemicals) is pleading guilty to one count of violating the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA). AWA will pay the ...
Solid demand for bauxite and alumina products from customers and Alcoa's (AA) pricing actions and focus on improving operational efficiency are anticipated to have boosted its Q1 earnings.
Alcoa Reports Loss From Continuing Operations Of $0.13 Per Share; Income Of $0.03 Per Share Excluding Special Items Solid Revenue Despite Lower Aluminum Prices;Continued Record Results in Mid and ...
Alcoa Power Generating, Inc ... license to control the Yadkin River a government takeover of ... Energy Partners of Canada paid $600 million for the four dams, 86 ...
Alcoa and Alba Resolve Civil Litigation Companies Also Enter Into Long-Term Alumina Supply Agreement NEW YORK--(BUSINESS WIRE)-- Alcoa (NYS: AA) ("Alcoa") confirmed today that it has entered into ...