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Alcoa Gets Government Funding to Keep Australia Smelter Open

By Robb M. Stewart MELBOURNE--Aluminum giant Alcoa Inc. (AA) said Friday it expects to operate its Point Henry aluminum smelter near Melbourne until at least mid-2014 as it cuts costs and accepts more than A$40 million in government funding in an effort to minimize losses. Alcoa said in a statement it expects to cut about 10% of the workforce at the smelter, which has been hit by weaker metal prices and a strong Australian dollar. Write to Robb M. Stewart at robb.stewart@dowjones.com

Stock News for Alcoa (AA)
DateTimeHeadline
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)
12/02/201617:33:39Statement of Changes in Beneficial Ownership (4)
12/02/201617:33:12Statement of Changes in Beneficial Ownership (4)
12/02/201617:31:54Statement of Changes in Beneficial Ownership (4)
12/02/201617:31:05Statement of Changes in Beneficial Ownership (4)
12/02/201617:30:13Statement of Changes in Beneficial Ownership (4)
12/02/201617:29:47Statement of Changes in Beneficial Ownership (4)
12/02/201617:28:02Statement of Changes in Beneficial Ownership (4)
11/30/201610:45:16Current Report Filing (8-k)
11/15/201609:19:08Amended Statement of Beneficial Ownership (sc 13d/a)
11/14/201608:01:09Initial Statement of Beneficial Ownership (3)
11/14/201608:00:42Initial Statement of Beneficial Ownership (3)
11/14/201607:59:50Initial Statement of Beneficial Ownership (3)
11/09/201616:15:00Alcoa Executive Vice President & Chief Financial Officer William...
11/09/201608:35:30Quarterly Report (10-q)
11/08/201608:50:00U.S. Says Aluminum Exports From Chinese Firm Evaded Restrictions

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