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Alumina Ltd (AWCMY) [hlAlert]

Rating:
Neutral AWC

Alumina Ltd (AWC) rated Neutral by JP Morgan

Posted on: Friday,  Nov 23, 2012  8:25 AM ET by JP Morgan

Alumina Ltd (NYSE:
AWC) rated Neutral by JP Morgan.

Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC). Its partner, Alcoa, owns the remaining 60% of AWAC, and is the manager. The Company?s other subsidiaries include Alumina Finance Limited, Alumina Holdings (USA) Inc., Alumina International Holdings Pty. Ltd., Alumina Brazil Holdings Pty Ltd, Alumina (U.S.A.) Inc., Butia Participacoes SA, Westminer Acquisition (U.K.) Limited, Westminer International (U.K.) Limited and Westminer (Investments) B.V. AWAC has a global network of mines, refineries and smelters in Australia, the United States, Guinea, Suriname, Jamaica, Brazil and Spain.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/9/2013 8:25 AM Hold
None
3.73
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/23/2012 8:25 AM Hold
None
3.65

(*) Stock Price at the time of the recommendation.
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