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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.34 | 1.03% | 130.85 | 129.51 | 130.99 | 131.175 | 128.98 | 130.37 | 1,812,454 | 09:50:00 |
From Apr 2019 to Apr 2024
By Josh Beckerman
Alcoa Corp. (AA) said a Quebec smelter will restart its curtailed capacity as workers approved a six-year labor agreement.
The Aluminerie de Becancour Inc. smelter is 74.95% owned by Alcoa and 25.05% owned by Rio Tinto Alcan Inc.
Alcoa expects to record special items related to restart costs of about $40 million to $50 million after tax, or about 22 cents to 27 cents a share.
The smelter will recall about 900 unionized employees according to a specific back-to-work protocol, with all of those on lockout back within eight months of the July 26 restart date.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
July 02, 2019 17:08 ET (21:08 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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