Red mud is the waste product generated by the industrial process used for refining bauxite to obtain alumina
Company claims process will create metal sheets that are stronger, more easily shaped than current aluminum
Signature Group buying global recycling and specification alloys business, including Mississauga, Ont., facility
Deal will see Alcoa pay US$2.35 billion in cash, US$500 million in stock to Oak Hill Capital Partners
Economics professor said firms need to focus on high growth areas like pharmaceuticals
Quebec government has indicated aluminum sector will be key part of economic growth plans
Venezuelan manufacturer of aluminum and alloy rods Sural launched its Quebec subsidiary in 2012.
Aluminum giant’s ongoing restructuring is also dipping into revenues
The company said the job cuts will be made through retirements and attrition at the smelter, which currently has about 1,400 employees.
The state of Chihuahua—a veritable battleground which has been awash in violence committed by the feuding Juarez and Sinaloa drug cartels—offered the company offered the company a number of incentives
