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Morningstar•October 19, 2020
Morningstar•October 19, 2020Alcoa Corporation: Alcoa Reports Another Adjusted Loss in Q3 But Cost-Cutting Efforts Will Gradually Stop the Bleeding
Summary
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world’s largest bauxite miner and alumina refiner by production volume, and its profit
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Analyst Profile
Andrew Lane
StrategistAndrew Lane is a strategist on the basic materials equity research sector team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers aluminum, steel, specialty metals, and specialty chemicals companies. Lane also serves as a strategist on the Morningstar indexes team.Before joining Morningstar in 2013, Lane earned a Master of Business Administration, with a specialization in applied security analysis, from the University of Wisconsin-Madison.During summer 2012 he worked as an international-equity research intern for Scout Investments. Before business school, he spent three years at Harris Associates LP, working in the trading operations group.Lane also holds a bachelor’s degree in economics and history from Boston College. He has passed Level II of the Chartered Financial Analyst® program.