April 10, 2012 Alcoa BEATS earnings estimates, stock surges after hours Alcoa reported first quarter results that topped expectations on both the top and bottom lines as revenue surged to a record high, […]
April 10, 2012 The whole world is anxiously waiting for one detail from Alcoa’s earnings announcement If you were thinking "supply," then you were wrong. Sure, Alcoa's investors will want to know when the global glut of aluminum will line up with demand.
April 8, 2012 Russian billionaires clash over $47 billion aluminum supply deal Sual Partners Group, owned by Russian billionaire Viktor Vekselberg, is suing Rusal, the world's top aluminum producer and commodities giant Glencore over an aluminum supply deal worth some $47 billion.
April 5, 2012 Alcoa to curtail refining capacity Alcoa (NYSE: AA) announced today that the Company will reduce its annual alumina production capacity by approximately 390,000 metric tons to align production with smelter curtailments Alcoa announced earlier this…
April 5, 2012 Oversupply forces Alcoa to cut 390,000 tonnes of annual alumina production Due to an oversupply in the Atlantic region, the world's third-largest producer of aluminum, Alcoa, announced that it was cutting 390,000 tonnes of production of alumina.
April 1, 2012 Aluminum demand continues to lead base metals pack in 2012 13 Aluminum should continue to outpace other base metals in 2012-13, despite softer demand for the past two quarters, said BNP Paribas, a Paris based global banking group.
March 26, 2012 Deripaska ready to buy RUSAL’s stake in Norilsk – source A source close to the matter says billionaire Oleg Deripaska is prepared to buy RUSAL's 25% blocking stake in Norilsk Nickel to resolve the shareholder row at the company.
March 25, 2012 Ukraine Court Rules Against Rusal in Zalk Aluminum Plant Dispute Ukraine's government won a court hearing as it seeks to regain control over the Zaporizhskyi aluminum smelter from Russian billionaire Oleg Deripaska's United Co. Rusal. The Kiev Commercial Court ruled…
March 22, 2012 Australian explorer hunts for copper in Andes The Herald Sun has an interesting feature piece on Chinalco Yunnan Copper Resources, an Australian company with Chinese backing that is partnering with Rio Tinto on three early-stage exploration projects…
March 21, 2012 Talks under way to end lockout at Rio Quebec smelter Talks are under way to end a three-month lockout of workers at Rio Tinto Alcan's giant Alma aluminum smelter in northern Quebec as the two sides have been summoned to…
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