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Alcoa CEO: China Isn't Going To Slow Aluminum Production -Fox Business

DOW JONES NEWSWIRES Demand for aluminum in China is growing heavily and the country isn't likely to slow down production, Alcoa Inc.'s (AA) chief executive told Fox Business Network on Wednesday. Klaus Kleinfeld said that despite having to import most of its bauxite and the high cost of energy to produce aluminum, China will continue ramping up production to meet demand. World aluminum demand growth, he said, is at 7%. Increased production of Chinese aluminum isn't a threat to the global market because China isn't going to export the lightweight metal, Kleinfeld told Fox Business. He also said the country is likely to restructure its heavy energy industry, which aluminum is part of. Website: http://www.foxbusiness.com -Dow Jones Newswires; 212-416-2900

Stock News for Alcoa (AA)
DateTimeHeadline
01/19/201723:38:00CORRECTING and REPLACING Portland Aluminium Smelter in Victoria...
01/19/201717:04:00Portland Aluminium Smelter in Victoria, Australia to Restart...
01/19/201716:35:19Statement of Changes in Beneficial Ownership (4)
01/19/201716:34:53Statement of Changes in Beneficial Ownership (4)
01/19/201716:33:36Statement of Changes in Beneficial Ownership (4)
01/18/201717:13:43Securities Registration Statement (s-1)
01/11/201720:02:00U.S. Expected to Launch WTO Complaint Against China Over Aluminum...
01/09/201717:00:00Alcoa to Announce Fourth Quarter and Year-End 2016 Results and...
01/04/201717:30:33Current Report Filing (8-k)
01/03/201716:39:00Alcoa Corporation to Permanently Close Suralco Refinery
12/19/201617:00:00Alcoa Secures First Major Export Contract to Supply Bauxite From...
12/15/201616:47:56Initial Statement of Beneficial Ownership (3)
12/15/201616:47:02Amended Statement of Beneficial Ownership (3/a)
12/08/201617:27:59Amended Statement of Beneficial Ownership (sc 13d/a)
12/06/201616:10:00Molly Beerman Named Vice President and Controller of Alcoa Corporation
12/02/201617:37:32Statement of Changes in Beneficial Ownership (4)
12/02/201617:36:40Statement of Changes in Beneficial Ownership (4)
12/02/201617:35:48Statement of Changes in Beneficial Ownership (4)
12/02/201617:35:24Statement of Changes in Beneficial Ownership (4)
12/02/201617:34:04Statement of Changes in Beneficial Ownership (4)

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