Archive for February, 2010

Italy Gov & Alcoa Meeting on Feb 22

On Thursday, it was reported that Italy’s government and trade unions and managers of Alcoa Inc. (AA.N) met briefly to discuss the fate of two Alcoa plants in Italy and promised to convene again on Feb. 22.

Alumina slides to year net loss

On Tuesday,Australia’s Alumina Ltd (AWC.AX) reported a net loss for 2009, hit by a slump in aluminium demand, but reinstated its dividend saying its outlook had improved.

RUSAL repays creditors $2.14 billion

On Thursday, the world’s top aluminum producer, Russia’s UC RUSAL (0486.HK) (RUAL.PA), reported that it had repaid $2.14 billion owed to creditors, reducing its total debt to $12.9 billion.