Tag: alcoa reults
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USA: Alcoa reports strong Q1CY’22 results on high aluminum prices
Aluminium major Alcoa Corporation reported a 10% decline in primary aluminum production in its Q1CY’22 results announced on 20 Apr’22. The alumina segment saw production inching down 2% q-o-q. However, the company’s net income improved to $469 million compared with the previous quarter’s net loss of $392 million. Alcoa ended the quarter with cash on hand…