Original article by Sarah-Jane Tasker
The Australian – Page: 18 : 14-Jan-15
The stock of Alumina on 13 January 2015 closed 4.2% higher at $A1.96. The reason was the release in the US by partner Alcoa of its profit data for calendar 2014. It recorded a fourth-quarter net earnings result of $US159m ($A194m) and a full-year one of $US268m, which were recoveries from the previous year’s losses of $US268m and $US2.3bn respectively. Alcoa manages and holds 60% of the Alcoa World Alumina & Chemicals business, and Alumina’s sole asset is a stake of 40% in that enterprise
CORPORATES
ALUMINA LIMITED – ASX AWC, ALCOA INCORPORATED – ASX AAI, ALCOA WORLDWIDE ALUMINA AND CHEMICALS, CITIGROUP PTY LTD