Alumina LimitedSouthbank, Australia (NYSE: WMC)

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Alumina Company Description

Alumina Limited has some strong bonds in the alumina industry. Operating through its 40% stake in joint venture Alcoa World Alumina and Chemicals (AWAC, 60% owned by Alcoa), which manufactures alumina, alumina-based chemicals, and aluminum. AWAC is considered the world's largest producer of alumina (a refined product of bauxite ore used in making aluminum) and a major producer of alumina-based chemicals. The alumina produced by AWAC is sold mainly to Alcoa's smelting facilities. Overseas customers in Canada, Europe, the Middle East, South Africa, and the US purchase the rest of the alumina. Alumina Limited was formed in 2002 as a result of a spin-off from WMC Resources.

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The Company Description provides a historical perspective of Alumina's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Alumina's evolution in the marketplace.

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