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

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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 CET

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; djsydney@dowjones.com

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
01/13 ARCONIC : Board Approves Quarterly Dividend
2016 ARCONIC : Completes Early Redemption of 5.55% Notes Due 2017
2016 ARCONIC : Announces Three-Year Targets at Inaugural Investor Day
2016 ARCONIC : Signs More than $450 Million in Long Term Agreements for Alcoa® Wheels
2016 ARCONIC : Strengthens Its 3D Printing Collaboration With Airbus
2016 ARCONIC : to Host Investor Day on December 14, 2016
2016 ARCONIC : Earns Perfect Score on 2017 Corporate Equality Index
2016 ARCONIC : Declares Dividend on Class B Mandatory Convertible Preferred Stock
2016 U.S. multinationals eye foreign profits tax break with Trump win
2016 U.S. multinationals eye foreign profits tax break with Trump win
More news
Sector news : Aluminum - NEC
01/17DJNORSK HYDRO AS NORSK HYDRO : Hydro's Financial Calendar 2017
2016DJNORSK HYDRO AS NORSK HYDRO : Pedro José Rodrigues To Leave Hydro Board Of Direct..
2016 Nordic power firms set to apply for Norway-UK subsea link
2016 Saudi king showcases mining hub in push to move beyond oil
2016 Wall Street keen for a fellow traveler at Treasury
More sector news : Aluminum - NEC
News from SeekingAlpha
2016 Could Alcoa Be Headed Down?
2016 Why Alcoa Can Soar Higher
2016 ALCOA : Don't Sell Now
2016 Here's What You Can Do With The Alcoa Split
2016 METALS NAMES UPPED AT DEUTSCHE BANK : Fcx, abx, paas, aks, cde, tck, gg
Advertisement
Financials ($)
Sales 2016 15 452 M
EBIT 2016 1 254 M
Net income 2016 -1 196 M
Debt 2016 6 860 M
Yield 2016 1,64%
P/E ratio 2016 20,40
P/E ratio 2017 20,46
EV / Sales 2016 1,05x
EV / Sales 2017 1,28x
Capitalization 9 335 M
More Financials
Chart ALCOA INC
Duration : Period :
Alcoa Inc Technical Analysis Chart | AA | US0138171014 | 4-Traders
Full-screen chart
Technical analysis trends ALCOA INC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 23,2 $
Spread / Average Target 9,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Klaus-Christian Kleinfeld Chairman & Chief Executive Officer
Eric V. Roegner COO-Engineered Products & Arconic Titanium
Ken Giacobbe Chief Financial Officer & Executive Vice President
Raymond J. Kilmer Chief Technology Officer & Executive VP
Ratan Naval Tata Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALCOA INC5.94%9 335
NORSK HYDRO ASA5.23%11 066
ARCONIC INC14.83%9 335
ALUMINUM CORPORATION O..12.32%9 312
HINDALCO INDUSTRIES LT..11.08%5 212
ALUMINA LIMITED-1.91%3 907
More Results