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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
09/22/201617:25:26Current Report Filing (8-k)
09/22/201617:20:00Alcoa Inc. Announces Pricing of Debt Offering In Connection with...
09/20/201607:43:43Current Report Filing (8-k)
09/20/201607:37:00Alcoa Inc. Announces Proposed Debt Offering In Connection with...
09/19/201617:30:25Current Report Filing (8-k)
09/16/201609:24:55Current Report Filing (8-k)
09/15/201615:10:00New Jersey Factory Linked to Chinese Aluminum Probe
09/13/201617:24:36Current Report Filing (8-k)
09/12/201610:56:00Alcoa Named Sustainability Leader on Dow Jones Indices for Fifteenth...
09/07/201617:00:00Alcoa Inc. Announces Boards of Directors for Future Arconic and...
09/02/201609:42:00U.S. Hot Stocks: Hot Stocks to Watch
09/01/201620:50:00Alcoa Ends Legal Fight With Australian Partner Alumina
09/01/201617:25:01Current Report Filing (8-k)
09/01/201617:19:00Alcoa Inc. and Alumina Limited Announce Amendments to AWAC Joint...
08/29/201617:07:06Current Report Filing (8-k)
08/24/201616:15:00Alcoa Names Kate Hargrove Ramundo Future Arconic Chief Legal...
08/17/201611:56:45Additional Proxy Soliciting Materials (definitive) (defa14a)
08/17/201611:51:38Additional Proxy Soliciting Materials (definitive) (defa14a)
08/17/201611:47:30Proxy Statement (definitive) (def 14a)
08/03/201616:38:27Current Report Filing (8-k)

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