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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.
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 is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
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 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 ...
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.
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
Alcoa, the largest producer of aluminum in the U.S., ... As to the company's segments, far and away the pack horse for the company was its engineered products and solutions business. The unit ...