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Is New Alumina Pricing Paradigm Closer Than Thought?
Edited by : AL CIRCLE
1 min read
...Compared with its June quarter, Alcoa AA reported a 55% decline in headline September-quarter earnings, to $61 million. The alumina segment--a proxy for Alcoa World Alumina and Chemicals' and Alumina's AWC performance--suffered a 26% fall to $70 million, though this figure includes a discrete favorable $30 million tax item attributable to noncontrolling interests, which will not be recognized in Alumina's accounts...
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