Summary Alcoa Corp - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Alcoa Corp (Alcoa) is a producer of bauxite, alumina, and aluminum. The company's main activities involve the production of aluminum products. Alcoa offers a range of products such as low-carbon alumina and ...
A director at Alumina Limited bought 50,000 shares at 1.530AUD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...
The general evaluation of ALUMINA (AU), a company active in the Aluminium industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 29, 2022, the closing price was AUD 2.04 and i...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Norsk Hydro shares rallied on March 27 on speculation that the company's Alunorte alumina refinery might resume operations in the near future. As we wrote in earlier updates, this is consistent with our prior view. We'd be surprised if the production embargo remains in place beyond the first half of this year. Even after today's rally, Hydro shares are trading roughly in line with our unchanged NOK 34 per share fair value. Our no-moat rating is unchanged. Hydro continues to operate toward the l...
Norsk Hydro shares rallied on March 27 on speculation that the company's Alunorte alumina refinery might resume operations in the near future. As we wrote in earlier updates, this is consistent with our prior view. We'd be surprised if the production embargo remains in place beyond the first half of this year. Even after today's rally, Hydro shares are trading roughly in line with our unchanged NOK 34 per share fair value. Our no-moat rating is unchanged. Hydro continues to operate toward the lo...
Alumina Limited delivered impressive profits in 2018, as alumina prices soared. Due to supply shocks, prices remained well above our estimate of marginal cost for much of the year. Thanks to its low-cost position and bauxite self-sufficiency, Alumina Limited was able to fully capitalise on the higher prices to boost profitability. Refining margins per tonne rose to USD 221 in 2018 from USD 137 the prior year. Having updated our valuation model to reflect the company's full-year results, our fair...
Alumina Limited delivered impressive profits in 2018, as alumina prices soared. Due to supply shocks, prices remained well above our estimate of marginal cost for much of the year. Thanks to its low-cost position and bauxite self-sufficiency, Alumina Limited was able to fully capitalise on the higher prices to boost profitability. Refining margins per tonne rose to USD 221 in 2018 from USD 137 the prior year. Having updated our valuation model to reflect the company's full-year results, our fair...
Alumina Limited delivered impressive profits in 2018, as alumina prices soared. Due to supply shocks, prices remained well above our estimate of marginal cost for much of the year. Thanks to its low-cost position and bauxite self-sufficiency, Alumina Limited was able to fully capitalise on the higher prices to boost profitability. Refining margins per tonne rose to USD 221 in 2018 from USD 137 the prior year. Having updated our valuation model to reflect the company's full-year results, our fair...
On Oct. 5, Norsk Hydro announced that it received authorization from the IBAMA Brazilian environmental agency to utilize a bauxite residue press filter at its Alunorte alumina refining facility. This news comes just days after executives announced the full curtailment of the refinery. The agreement is a critical step in allowing the Alunorte facility to resume operation at 50% of capacity. However, before production can be restarted, Hydro must receive authorization from Brazil’s Secretary of ...
On Oct. 5, Norsk Hydro announced that it received authorization from the IBAMA Brazilian environmental agency to utilize a bauxite residue press filter at its Alunorte alumina refining facility. This news comes just days after executives announced the full curtailment of the refinery. The agreement is a critical step in allowing the Alunorte facility to resume operation at 50% of capacity. However, before production can be restarted, Hydro must receive authorization from Brazil’s Secretary of ...
Alumina's sole asset is a 40% stake in Alcoa World Alumina and Chemicals, or AWAC, the world's largest alumina producer with 11% market share. Alumina Limited is effectively a forwarding office for AWAC profits. Its profit is an equity share of AWAC profit, less local head office and interest expenses. While AWAC enjoys a low operating cost position relative to its competitors, the cost curve is relatively flat, and competitive pressures from supply in China mean sustainable excess returns are u...
On Oct. 3, Norsk Hydro announced plans to fully curtail the Alunorte alumina production facility in Brazil. Alunorte, which is the world's largest alumina refinery, had been running at 50% of capacity since March 2018 due to an environmental dispute with the Brazilian government. Additionally, Hydro will shut down the nearby Paragominas bauxite mine, which supplied bauxite to Alunorte. Although management did not provide a timeline for when production may resume, we expect the situation to be fu...
On Oct. 3, Norsk Hydro announced plans to fully curtail the Alunorte alumina production facility in Brazil. Alunorte, which is the world's largest alumina refinery, had been running at 50% of capacity since March 2018 due to an environmental dispute with the Brazilian government. Additionally, Hydro will shut down the nearby Paragominas bauxite mine, which supplied bauxite to Alunorte. Although management did not provide a timeline for when production may resume, we expect the situation to be fu...
On Oct. 3, Norsk Hydro announced plans to fully curtail the Alunorte alumina production facility in Brazil. Alunorte, which is the world's largest alumina refinery, had been running at 50% of capacity since March 2018 due to an environmental dispute with the Brazilian government. Additionally, Hydro will shut down the nearby Paragominas bauxite mine, which supplied bauxite to Alunorte. Although management did not provide a timeline for when production may resume, we expect the situation to be fu...
Alumina's sole asset is a 40% stake in Alcoa World Alumina and Chemicals, or AWAC, the world's largest alumina producer with 11% market share. Alumina Limited is effectively a forwarding office for AWAC profits. Its profit is an equity share of AWAC profit, less local head office and interest expenses. While AWAC enjoys a low operating cost position relative to its competitors, the cost curve is relatively flat, and competitive pressures from supply in China mean sustainable excess returns are u...
Alumina Limited reported solid results for the first half of 2018, as alumina prices remained elevated. The company's average realized price for the first half of the year was $424 per metric ton, considerably higher than $315 in the prior-year period. This sharp increase was largely due to the continued effect of supply disruptions and healthy alumina demand growth. Higher production costs served as a slight headwind, driven mainly by increased energy costs and elevated caustic soda prices. Alu...
Bottoms-up view on developed int'l, part two Big Picture: Our outlook remains neutral on the MSCI ACWI ex-U.S. index (when priced in local currency) while horizontal consolidation continues. On the other hand, we are negative on broad global ex-U.S. markets when priced in USD... see charts below. In today's report we take a bottoms-up approach to developed ex-U.S. equities, highlighting stocks that present attractive buy opportunities at current levels. Specifically we present actionable stocks...
Alumina Limited reported solid results for the first half of 2018, as alumina prices remained elevated. The company's average realized price for the first half of the year was $424 per metric ton, considerably higher than $315 in the prior-year period. This sharp increase was largely due to the continued effect of supply disruptions and healthy alumina demand growth. Higher production costs served as a slight headwind, driven mainly by increased energy costs and elevated caustic soda prices. Alu...
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