Alcoa stock fell
Alcoa’s shares tumbled this Tuesday after the largest U.S. aluminum producer announced cut in its dividend for the first time in more than a quarter century. For full story, click here
Articles Tagged "cut"
Aluminum firms to receive direct power supply
The Chinese government has chosen 15 aluminum producers to start direct power supply business, in a bid to further cut their costs. For full story, click here
Trimet Aluminium AG said it had cut aluminium output
German aluminium producer Trimet Aluminium AG said it had cut aluminium output by about 30 percent. The cuts spread equally between its 130,000 tonnes a year smelter and its 170,000 tpy Essen plant. For full story, click here
Norsk Hydro said it reducing its aluminium production
Norsk Hydro said it reducing its aluminium production by another 25 percent at its Soeral smelter in Norway, effective March 1. For full story, click here
Century Aluminum would curtail output
Century Aluminum said it would curtail remaining output at its 170,000 tonnes tpy Ravenswood, West Virginia aluminium smelter by Feb. 20. For full story, click here
Columbia Falls Aluminum is to cut the last potline
Columbia Falls Aluminum is to curtail the last operating potline at its 168,000 tonnes per year (tpy) smelter in the United States. For full story, click here
Russia’s mining giant Rusal will cut production
United Company Rusal, a privately held company controlled by Russian oligarch Oleg Deripaska, said that it will cut its aluminum output by 11%, or 500,000 tons annually, by April. For full story, click here
Rio Tinto to shed 1,100 employees to cut costs
Rio Tinto Alcan said plans to cut another six percent of aluminium output and will also cut alumina production, shed 1,100 employees to cut costs. For full story, click here
Columbia Falls Aluminum is to curtail the last operating potline
Columbia Falls Aluminum is to curtail the last operating potline at its 168,000 tonnes per year (tpy) smelter in the United States. For full story, click here
Dowa Holdings Co Ltd said it would curb output
Japan’s Dowa Holdings Co Ltd said it would curb output by about 10 percent from its initial plan from February. For full story, click here
