AWC.AX - Alumina Limited
| Previous Close | 2.390 |
| Open | 2.390 |
| Bid | 2.360 x 0 |
| Ask | 2.370 x 0 |
| Day's Range | 2.350 - 2.410 |
| 52 Week Range | 2.040 - 3.200 |
| Volume | 3,478,760 |
| Avg. Volume | 14,794,893 |
| Market Cap | 6.808B |
| Beta (3Y Monthly) | 0.55 |
| PE Ratio (TTM) | 13.91 |
| EPS (TTM) | 0.170 |
| Earnings Date | Aug 20, 2018 - Aug 24, 2018 |
| Forward Dividend & Yield | 0.24 (9.61%) |
| Ex-Dividend Date | 2018-08-28 |
| 1y Target Est | 2.18 |
Market Realist•20 days agoAlumina Price Volatility Makes Companies Rethink Strategies
Aluminum prices topped the $2,500 per metric ton level in April amid Rusal sanctions. Alumina prices have been more volatile than aluminum prices (XME). The global alumina markets have been rocked by a series of supply disruptions this year, especially at Norsk Hydro’s (NHYDY) Alunorte refinery.
- Simply Wall St.•22 days ago
Is Alumina Limited’s (ASX:AWC) Liquidity Good Enough?
Mid-caps stocks, like Alumina Limited (ASX:AWC) with a market capitalization of AU$7.7b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. Read More...
- Reuters•last month
COLUMN-Alumina wake-up call for the aluminium supply chain: Andy Home
Alumina, which sits in the aluminium production process between bauxite and refined metal, has historically been a highly efficient link in the supply chain. It is, to quote Greg Wittbecker, analyst at the CRU research house, one of those markets "people have taken for granted". A series of supply hits have sent the alumina price on a rollercoaster ride this year, at one stage threatening the closure of several European aluminium smelters.
- Reuters•2 months ago
Union says reached wage deal with Alcoa Australia, will end strike
Unionised workers at aluminium producer Alcoa's Western Australian operations on Friday agreed to end a strike that lasted more than six weeks after securing better job security provisions in a new wage agreement. The workers agreed to end the strike and will return to work on Monday, the Australia Workers' Union (AWU) said in a statement. Alcoa welcomed the AWU decision to end the strike, and added it would take the revised wage agreement to an employee vote next month, the company said in a statement.
- The Wall Street Journal•2 months ago
[$$] Aluminum Makers’ Profits Suffer as Prices Rise for Key Ingredient
The Trump administration’s aluminum tariffs are aimed at boosting U.S. producers’ profits. The sanctions have pushed up prices for aluminum’s key ingredient, alumina, eating into the profits of U.S. producers, analysts and aluminum makers say. It takes about two tons of alumina to make one ton of aluminum and companies that had previously purchased the white powdery material from Rusal, which makes 6% of the world’s alumina, have been scrambling to get supplies from other producers, squeezing limited supplies.
- Reuters•2 months ago
Union says meeting with Alcoa again over strike at Australian aluminium project
The union at Alcoa's aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer. "(The union's negotiating team) is meeting with Alcoa this Wednesday to discuss a resolution to the dispute," said Australian Workers' Union State Secretary Mike Zoetbrood. "A further (union) mass meeting has been scheduled for this Friday ... where we hope to achieve a fair outcome for our members," he said.
- Simply Wall St.•2 months ago
Did Alumina Limited (ASX:AWC) Create Value For Shareholders?
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of AWC.AX earnings conference call or presentation 23-Aug-18 1:00am GMT
Half Year 2018 Alumina Ltd Earnings Call
- Reuters•2 months ago
COLUMN-Aluminium pricing tensions mount as alumina surges again: Andy Home
The alumina price is on a charge again. In China spot prices are at their highest since December last year, according to Shanghai Metals Market. There is the potential for short-term relief if the strike at AWAC's facilities ends and Norwegian producer Hydro can persuade the Brazilian authorities to allow full operations at its Alunorte refinery.
- Reuters•2 months ago
Workers extend strike at Alcoa's alumina operations in Western Australia
Workers at Alcoa's alumina and bauxite operations in Western Australia have voted to reject a proposed workplace agreement and will continue to strike, a trade union said on Friday. Around 1,500 staff at three alumina refineries and two bauxite mines walked out on Aug. 8 over a new workplace agreement they say does not offer sufficient job security.
- Reuters•2 months ago
Western Australia union says it sees Alcoa alumina output hit by strike
Alcoa's alumina production has likely been hit by a four-week strike at its Western Australian operations, the Australian Workers' Union said on Wednesday, raising the prospect of a widening supply deficit in the key aluminium-making ingredient. A spokeswoman said Alcoa had no additional comment on Wednesday, after it had said there has been no significant impact on output from the strike that began on Aug. 8. A vote by the striking workers on whether to accept a new workplace agreement is due to close on Thursday, with the union anticipating a strong "no" vote that could prolong the industrial action.
Reuters•2 months agoAlcoa braces for alumina strike vote in Western Australia
A vote by striking workers at Alcoa's (AA.N) giant west Australian operations will close on Thursday, with the union anticipating a strong "no" vote that could prolong the four-week old strike. Around 1,500 workers at three alumina refineries and two bauxite mines in Western Australia state walked out on Aug. 8 over a new workplace agreement that they say does not offer sufficient job security. The refineries account for around 9.3 million tonnes of capacity or some 8 percent of the world supply of alumina, which is used to make aluminum.
- Reuters•3 months ago
China exporting alumina again as soaring prices upend market
BEIJING/MELBOURNE, Aug 29 (Reuters) - China is shipping unusually high volumes of alumina for a second time this year to an international market desperate for the ingredient used to make aluminium, traders and analysts said, even as domestic prices rise and put pressure on smelters. Contracts to export over 140,000 tonnes of alumina from China were signed in July amid a favourable price arbitrage, according to consultancy CRU. China, the world's top aluminium producer, has rarely exported significant volumes of alumina.
- Simply Wall St.•3 months ago
Who Owns Alumina Limited (ASX:AWC)?
In this analysis, my focus will be on developing a perspective on Alumina Limited’s (ASX:AWC) latest ownership structure, a less discussed, but important factor. Ownership structure has been found toRead More...
- Reuters•3 months ago
South 32, Alumina Ltd see extended supply shortfall, high prices
Australian producers of alumina, South 32 and Alumina Ltd, both said on Thursday they expect high prices for the aluminium raw material to stretch into next year based on a shortfall in global supply. A buoyant cycle for alumina is expected to continue given an outage at the Alunorte plant in Brazil, production cuts in China over the coming winter, and prospects that global aluminium maker UC Rusal may not escape sanctions this year. Alumina Ltd is a stakeholder in miner and aluminium producer Alcoa World Alumina and Chemicals (AWAC), which is 40 percent owned by itself and 60 percent by Alcoa.
- Simply Wall St.•5 months ago
Estimating The Fair Value Of Alumina Limited (ASX:AWC)
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Alumina Limited (ASX:AWC) as an investment opportunity by taking the foreastRead More...
- Simply Wall St.•5 months ago
Should You Expect Alumina Limited (ASX:AWC) To Continue Delivering An ROE Of 15.21%?
With an ROE of 15.21%, Alumina Limited (ASX:AWC) outpaced its own industry which delivered a less exciting 11.89% over the past year. While the impressive ratio tells us that AWCRead More...
- Simply Wall St.•6 months ago
Top ASX Defensive Stock
Defensive investment strategies are those that maintain holdings in safe assets, which include stocks that meet a certain criteria that avoids losses in market value. To do this, you needRead More...
- Morningstar•6 months ago
Aluminum's Eventful Quarter
The aluminum industry saw one of its most eventful periods in recent memory in the first quarter, with supply disruptions and trade frictions significantly raising the prices of aluminum and alumina. Among the events contributing to aluminum supply chain disruptions, aluminum tariffs proposed by the United States had perhaps the greatest impact.
- Simply Wall St.•6 months ago
Calculating The Fair Value Of Alumina Limited (ASX:AWC)
I am going to run you through how I calculated the intrinsic value of Alumina Limited (ASX:AWC) using the discounted cash flow (DCF) method. Anyone interested in learning a bitRead More...
- Moody's•6 months ago
Alcoa of Australia Limited -- Moody's upgrades Alcoa of Australia's rating to Baa2; outlook stable
Moody's Investors Service has upgraded Alcoa of Australia Limited's (AoA) issuer rating to Baa2 from Baa3. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. Today's rating action follows the upgrade of Alcoa Nederland Holding B.V.'s ('Alcoa NL') Corporate Family Rating ('CFR') to Ba1 from Ba2 and the upgrade of Alcoa NL's Senior Unsecured Notes to Ba1 from Ba2.
- Moody's•6 months ago
Alcoa Nederland Holding B.V. -- Moody's upgrades Alcoa Nederland (CFR to Ba1), rates new debt; outlook stable
Moody's Investors Service, ("Moody's") upgraded Alcoa Nederland Holding B.V.'s (ANHBV) Corporate Family Rating (CFR) and Probability of Default Rating to Ba1 and Ba1-PD respectively from Ba2 and Ba2-PD respectively and upgraded the company's senior unsecured notes to Ba1 from Ba2. The notes are guaranteed by Alcoa Corporation (Alcoa).
