ALUMINIUM
US aluminium producer Alcoa is off to a strong start as an independent company, with the firm on Monday reporting first-quarter revenue and profit growth on stronger alumina and aluminium prices.
Alcoa posted net income of $225-million, or $1.21 a share, in the first quarter of 2017, compared with a net loss of $125-million, or $0.68 a share, in fourth quarter 2016, which included costs to streamline the portfolio.
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