aluminum
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Ottawa invests $10M in Alcoa aluminum plant in Quebec
Alcoa’s $85 million project will install cutting-edge technology to improve production
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Orbite granted patent allowance for red mud treatment process
Red mud is the waste product generated by the industrial process used for refining bauxite to obtain alumina
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New process will yield better aluminum for cars, trucks: Alcoa
Company claims process will create metal sheets that are stronger, more easily shaped than current aluminum
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U.S. holding company buys Aleris’ aluminum recyling unit for US$525M
Signature Group buying global recycling and specification alloys business, including Mississauga, Ont., facility
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Alcoa buying jet engine components maker Firth Rixson in US$2.85B deal
Deal will see Alcoa pay US$2.35 billion in cash, US$500 million in stock to Oak Hill Capital Partners
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Aluminum industry must think beyond cars for long-term growth
Economics professor said firms need to focus on high growth areas like pharmaceuticals
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Aluminum industry hopeful Quebec will cut energy rates for smelters
Quebec government has indicated aluminum sector will be key part of economic growth plans
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Feds give $2M loan to Venezuelan casting firm to start Quebec plant
Venezuelan manufacturer of aluminum and alloy rods Sural launched its Quebec subsidiary in 2012.
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Alcoa posts $119 quarterly loss, blames price volatility
Aluminum giant’s ongoing restructuring is also dipping into revenues
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Alcoa to close two potlines, eliminate 500 jobs and postpone upgrades
The company said the job cuts will be made through retirements and attrition at the smelter, which currently has about 1,400 employees.
