Tag: alumina production
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...