Alcoa Shares Tumble After Cyclone Cuts Into Alumina Output
Alcoa Corp. cut its production forecast for alumina after operational problems at an Australian refinery weighed on output, overshadowing a quarter in which higher aluminum prices helped lift the metal...
By Jacob Lorinc · Bloomberg Markets
Alcoa Corp. cut its production forecast for alumina after operational problems at an Australian refinery weighed on output, overshadowing a quarter in which higher aluminum prices helped lift the metal producer’s revenue.