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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 1.605 0.00 00:00:47

Alumina Ltd. Received US$97 Million In Fully Franked Dividends From AWAC JV In 4Q

11/01/2011 12:04am

Dow Jones News


Alumina (ASX:AWC)
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Alumina Ltd. (AWC.AU) on Tuesday said it has received US$97 million in fully franked dividends from its Alcoa World Alumina and Chemicals, or AWAC, joint venture with Alcoa Inc. (AA) during the fourth quarter of 2010, bringing its full year dividend received to US$234 million.

Alumina Ltd. Chief Executive John Bevan said in a statement that the outlook for the alumina industry is "positive".

"Demand continues to grow and the development of daily and weekly alumina indexes supports the change to indexed based pricing," Bevan added. "The changes will impact our results progressively as new contracts are implemented commencing in 2011."

Alumina Ltd. will report its results for the year to Dec. 31 on Feb. 10.

-By Sydney bureau; 61-2-8272-4680; djnews.sydney@dowjones.com

 
 

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