Tag: Mike Ferraro
Alcoa reports Q4 2023 earnings with focus on cost reduction, production curtailment
In the wake of Alcoa Corp's fourth-quarter 2023 earnings release, ASX-listed Alumina Limited has highlighted key developments in the AWAC joint venture and underscores the company's commitment to navigating the challenging market conditions.
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.
Alumina sees revenue drop amid export bans to Russia
Leading Australian mining company Alumina Limited has posted a net profit after tax of USD 104 million in its 2022 full-year financial report.
Australian Aluminium Council calls for inclusion of aluminium in critical minerals list
Mike Ferraro, chief executive officer and managing director of Alumina and incoming president of the Australian Aluminium Council, is urging the federal government to include bauxite (aluminium ore), alumina, and aluminium to the list of critical minerals.
Alcoa posts earnings for Q3 2022
Alumina today presented Alcoa Corp’s financial results for the third quarter of 2022, with additional information on the AWAC joint venture.
Alumina and Alcoa’s mining JV reports $162 million income for 2022’s first half
The Alcoa World Alumina and Chemicals (AWAC), the joint venture (JV) between Australian holding company Alumina Limited and US-based aluminium producer Alcoa, has reported...
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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.
