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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.
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 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.
Alcoa Corporation (an acronym for "Aluminum Company of America") is an American industrial corporation.It is the world's eighth-largest producer of aluminum. [2] [3] Alcoa conducts operations in 10 countries.
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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 ...
LME Aluminium (or LME Aluminum in American and Canadian English) stands for a group of spot, forward, and futures contracts, trading on the London Metal Exchange (LME), for delivery of primary Aluminium that can be used for price hedging, physical delivery of sales or purchases, investment, and speculation. [1]
Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis. The stock ...