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AWC Alumina Limited

1.67
0.00 (0.00%)
27 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Alumina Limited ASX:AWC Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.67 1.75 1.505 0.00 00:35:40

Alumina Ltd: Received US$41 Million Of Dividends From AWAC JV In 3Q

08/10/2010 12:15am

Dow Jones News


Alumina (ASX:AWC)
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Alumina Ltd. (AWC) earned US$41 million in dividends from its joint venture with U.S. aluminum producer Alcoa Inc. (AA) in the third quarter of 2010, the company said Friday.

Alumina Ltd., which owns 40% of the Alcoa World Alumina and Chemicals joint venture, the world's largest alumina producer, released the statement to the Australian Securities Exchange after Alcoa released third-quarter earnings overnight Thursday.

Alcoa's earnings fell 21% but it provided a bullish outlook for aluminum demand on the basis of improving consumption in emerging markets.

Alumina is an intermediate commodity in the production of aluminum from bauxite ore.

-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com

 
 

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