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Aluminum

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Aluminum Corp of China's 9-mth profit up, to bring in investors for units

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Aluminum Corp of China Ltd <601600.SS>2600.HKACH.N:Says 9-month net profit up 990.9 percent y/y at 1.36 billion yuan ($205.00 million).Says it plans to sell 60 percent stake in Shandong-based engineering firm for 360.4 million yuan.Says it plans to bring in external investors to invest a combined up to 16 billion yuan in five units.

USW reaches agreement with Alcoa on effects of Alcoa/Arconic split

Tuesday, 11 Oct 2016

United Steelworkers : United Steelworkers - USW reaches agreement with Alcoa on effects of Alcoa/Arconic split . United Steelworkers - master agreement between Alcoa and USW covers approximately 6,000 employees at 12 locations .United Steelworkers says master agreement between Alcoa and USW expires May 15, 2019.

Alcoa board approves separation of company

Thursday, 29 Sep 2016

Alcoa Inc : Separation date to be November 1, 2016 . Distribution ratio of Alcoa Corporation common stock set . Michael Morris will become non-executive chairman of Alcoa Corporation . In connection with distribution, on Nov 1, co will change its name to Arconic Inc. And its ticker symbol on New York Stock Exchange to ARNC . Alcoa Inc. Board of directors approves separation of company . Alcoa Inc says distribution ratio of Alcoa Corporation common stock set . Upon separation, Klaus Kleinfeld will serve as arconic chairman and CEO .Roy Harvey, current group president of Alcoa Global Primary Products Business, will be CEO upon separation.

Alcoa to close Warrick Smelter and Curtail Remaining Capacity at Pt. Comfort Refinery

Thursday, 7 Jan 2016

Alcoa Inc:Announced it is taking further action to increase the competitiveness of its Upstream business amid prevailing market conditions.Alcoa will permanently close its 269,000 metric ton Warrick Operations smelter in Evansville, Indiana by the end of the first quarter 2016.Rolling mill and power plant at Warrick Operations will continue to operate.By the end of the second quarter 2016, the Company will reduce alumina production by one million metric tons, which includes curtailing the remaining 810,000 metric tons of refining capacity at its Point Comfort operations in Texas.

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