Alumina Ltd benefits from Alcoa boost

Australian company Alumina Ltd says it received $US71 million in income in the first half, while its joint venture partner Alcoa has announced a small quarterly earnings boost.

Alumina is a 40 per cent partner in the global aluminium giant's Australian interests and its chief executive Peter Wasow in May said its debt was low enough to pass on most earnings to shareholders.

Mr Wasow on Thursday said that while margins were strong in the latest quarter, the outlook for third quarter aluminium and alumina prices was weak.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.