Alumina swings back to a profit

February 24, 2016

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The restructuring of the Alcoa World Alumina & Chemicals (AWAC) joint venture between ASX-listed Alumina and US major Alcoa has seen Alumina swing back into black during the full 2015 financial year.

The company reported on Thursday a statutory net profit after tax of $88-million for the full year, compared with a net loss of $98-million in the previous financial year.

Category: General