SOURCE: Industrial Info Resources

Industrial Info Resources

July 13, 2011 06:20 ET

Alcoa Continues to Show Solid Growth in Second-Quarter 2011 as Revenues, Profits Hit Records, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 13, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Aluminum maker Alcoa Incorporated (NYSE:AA) (Pittsburgh, Pennsylvania) posted stunning results for the second quarter of 2011, boasting record quarterly alumina revenues and record profits in its midstream and downstream businesses. Net income was reported to be $322 million, compared with $136 million in second-quarter 2010.

Industrial Info is tracking 22 active Alcoa projects worldwide that are worth a total of more than $2.4 billion, including the $1.2 billion modernization of an aluminum smelter in Baie-Comeau, Quebec. The goal of the project is to increase production output to 550,000 tons per year by modernizing a 51 year-old, 440,000-ton-per-year smelter operation. For more information, visit Industrial Info's North American Metals & Minerals Project Database.

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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