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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. (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
1 Year Alumina Chart |
1 Month Alumina Chart |
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