Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Alcoa Inc    AA

ALCOA INC (AA)
Mes dernières consult.
Most popular
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Alcoa Clinches 5-Year Extension For Wagerup Alumina In West Australia

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/09/2012 | 06:57am CEST

The Western Australian state government said Wednesday it has granted the Australian unit of Alcoa Inc. (>> Alcoa Inc.) a five-year extension for its proposed Wagerup alumina refinery expansion.

The approval, by Environment Minister Bill Marmion, follows the Environmental Protection Authority's recommendation in February that Alcoa be allowed to defer the start of construction under the terms of its 2006 approval.

"The EPA recommended that, as the environmental factors of the proposal had not significantly changed and no new factors had emerged since the initial approval, the time limit be extended a further five years," said Marmion in a statement.

However, before starting construction Alcoa will still require a works approval from the Western Australian state government, which would involve public consultation, he added.

Wagerup's expansion to 4.7 million tons a year has been deferred by Alcoa of Australia, owned 60% by Alcoa Inc. and 40% by Alumina Ltd. (>> Alumina Limited), until market conditions improve.

-By Stephen Bell, contributing to Dow Jones Newswires; 61-8-9244-4243; [email protected]

Stocks mentioned in the article : Alcoa Inc., Alumina Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALCOA INC
10/18ARCONIC INC : quaterly earnings release
10/18 ARCONIC INC : Investor Network: Arconic, Inc. to Host Earnings Call
10/16 ARCONIC : to Host Webcast and Announce Third Quarter 2017 Results
10/13 Arconic Given $26.63 Consensus P T From Brokerage Firms
10/12 ALCOA : Arconic Wheel and Transportation Products Determination on Alcoa Aluminu..
10/12 ARCONIC : Wheel and Transportation Products, Grant of Petition for Decision of I..
10/08 ALCOA : Arconic Moves Along
10/05 ARCONIC : Announces Mandatory Conversion of Its 5.375% Class B Mandatory Convert..
10/02 Oil falls more than 2 percent on signs of higher output
09/28 ARCONIC INC. (NYSE : ARNC) Files An 8-K Regulation FD Disclosure
More news
News from SeekingAlpha
2016 Could Alcoa Be Headed Down?
2016 Why Alcoa Can Soar Higher
2016 ALCOA : Don't Sell Now
2016 Here's What You Can Do With The Alcoa Split
2016 METALS NAMES UPPED AT DEUTSCHE BANK : Fcx, abx, paas, aks, cde, tck, gg
Financials ($)
Sales 2017 12 506 M
EBIT 2017 1 270 M
Net income 2017 805 M
Debt 2017 4 521 M
Yield 2017 1,12%
P/E ratio 2017 17,54
P/E ratio 2018 16,75
EV / Sales 2017 1,39x
EV / Sales 2018 1,36x
Capitalization 12 918 M
Technical analysis trends ALCOA INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 29,8 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
David Peter Hess Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Ken Giacobbe Chief Financial Officer & Executive Vice President
Raymond J. Kilmer Chief Technology Officer & Executive VP
Amy E. Alving Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALCOA INC12 918
UNITED TECHNOLOGIES CORPORATION8.30%95 342
LOCKHEED MARTIN CORPORATION27.79%91 659
AIRBUS SE22.85%73 598
GENERAL DYNAMICS23.56%63 348
RAYTHEON32.32%54 755