AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
ALUMINA LTD POSTS 62PCT RISE IN FULL-YEAR EARNINGS.(Financial report)
SYDNEY, Feb 1 Asia Pulse - Alumina Ltd (ASX:AWC) has forecast increased production in 2007, after today reporting a 62 per cent rise in full year earnings.
The bauxite miner, and aluminium refiner and smelter today reported an annual net profit for calender 2006 of $A511.1 million ($US396.28 million), up from $315.6 million in 2005.
Alumina's sole asset is its 40 per cent stake in Alcoa World Alumina and Chemicals (AWAC), with Alcoa holding the remaining 60 per cent.
Alumina said today that AWAC's production this year will increase on improved performance from several of its refineries.
But it also flagged an expected increase in costs.
"AWAC's 2007 production will increase with Pinjarra operating at full capacity, the commissioning of the Jamalco upgrade, and capacity creep at other refineries," Alumina said.
"The Point Comfort refinery is expected to operate at approximately 85 per cent of capacity during 2007."
- Alcoa Transfers Juruti Development Rights to AWAC; Alcoa, Alumina Limited...
- Press release article from: Business Wire December 30, 2004 700+ words
...its partner in Alcoa World Alumina and Chemicals ("AWAC") to transfer Alcoa's interests...Brazil) bauxite project to AWAC. Alumina Limited holds 40 percent of...the Juruti bauxite deposit to AWAC, and Alumina Limited will contribute US...
- Alcoa's AWAC Completes 250,000 MT Jamaican Alumina Expansion; Breaks Ground on...
- Press release article from: Business Wire November 25, 2003 700+ words
...upgrade plans for AWAC's Pinjarra alumina refinery in Western...owned by Alcoa World Alumina and Chemicals (AWAC), has broken ground...Pinjarra In July, AWAC announced plans for...upgrade to the Pinjarra alumina refinery in Western...
- Alcoa, Government of Jamaica Agree to Expand Jamalco Alumina Refinery By More...
- Press release article from: Business Wire December 22, 2004 700+ words
...its Alcoa World Alumina and Chemicals (AWAC) affiliate and...cost refineries. AWAC is a global alliance between Alcoa and Alumina Ltd, with Alcoa...one of several key alumina expansion projects...actively pursued by AWAC. The others include...
- SURINAME: Joint venture letter of intent regarding proposed 250,000 ton per...
- Newspaper article from: WWP-Business Opportunities in Latin America & the Caribbean November 1, 2002 700+ words
...currently manages an alumina refinery in Suriname...based ALCOA WORLD ALUMINA & CHEMICALS (AWAC), a subsidiary of...fabricated aluminum. AWAC, on the other hand...the world's largest alumina producer. BHP BILLITON...
- Alcoa's AWAC Completes 250,000 MT Alumina Expansion in Suriname.
- Press release article from: Business Wire February 28, 2005 700+ words
...announced that Suralco, owned by Alcoa World Alumina and Chemicals - a global alliance between Alcoa and Alumina Ltd., with Alcoa holding 60 percent...ton per year (mtpy) expansion of its alumina refinery in Paranam, Suriname six months...
- Alcoa's AWAC Opens Juruti Bauxite Mine in Brazil.
- Newspaper article from: Mining & Minerals October 2, 2009 700+ words
...are part of the Alcoa World Alumina and Chemicals (AWAC) joint venture with Alumina Limited in which Alcoa holds...be shipped to the Alumar alumina refinery in Sao Luis, Brazil...expansion, Alcoa Aluminio and AWAC combined hold a 54 percent...
- Alcoa Curtails AWAC Jamalco Refinery in Advance of Hurricane Dean.
- Press release article from: Business Wire August 19, 2007 700+ words
...4 million metric ton Jamalco alumina refinery in Clarendon, Jamaica...percent-owned by Alcoa World Alumina and Chemicals (AWAC) and 45 percent owned by the Government of Jamaica. Alcoa World Alumina and Chemicals is a global alliance...
- inVentiv Health to Acquire AWAC, Leader in Providing Medical Cost Containment...
- Press release article from: PR Newswire June 26, 2007 700+ words
...Innovative Health Strategies, Inc. and the related AWAC.MD business (collectively "AWAC"), a leading provider of proprietary IT-driven...Founded in 1994 by a group of leading physicians, AWAC provides unique data integration and access and...
Source: HighBeam Research, ALUMINA LTD POSTS 62PCT RISE IN FULL-YEAR EARNINGS.(Financial report)