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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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