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Alcoa reports $231m net loss as production, shipments decline in Q1

Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production. 

Rio Tinto’s iron-ore shipments reach all-time high in 2013

Rio Tinto’s decision to expand its mining operation due to strong demand from Chinese steelmakers has proved to be justified as the company’s iron...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.