Consequently, via AWC, the company has a 40 per cent ownership share in the joint venture of Alcoa World Alumina and Chemicals (AWAC), an alumina producer. The firm is involved in worldwide bauxite mining, alumina refining, and specific aluminium smelting activities.
Furthermore, the Western Australian government has given exemptions to enable AWAC to continue mining activities if the Western Australian Environmental Protection Agency (EPA) chooses to perform an independent environmental impact review of the MMP in whole or in part. The EPA is scheduled to decide before the end of the fiscal year on December 31, 2023.
US employment data falls short of expectations, aluminium ingot continues destocking trend this week
