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Tuesday, March 17, 2015

Alcoa to curtail 443,000 metric tons refining capacity in Suriname, (NYQ: AA)

Aluminum maker Alcoa Inc said it would curtail 443,000 metric tons per year of alumina refining capacity at Suralco in Suriname. Alcoa and the Government of Suriname have also agreed that a government-owned entity will purchase the Suralco operations, the company said.

Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. Shares of AA fell by 1.43% or $-0.19/share to $13.10. In the past year, the shares have traded as low as $11.72 and as high as $17.75. On average, 20940600 shares of AA exchange hands on a given day and today's volume is recorded at 18788373.