Alumina Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Peter Ferraro LLB
- Full Time Employees
- 13
- Sector
- Basic Materials
- Industry
- Aluminum
- Address
- 2 Southbank Boulevard Southbank VIC Australia 3006
- IPO Date
- Jan 2, 1990
- Website
- aluminalimited.com
- Similar Companies
- Business
- Alumina Limited (ASX:AWC; OTC:AWCMY) holds a 40% interest in Alcoa World Alumina and Chemicals (AWAC), the world's largest alumina producer outside China, focusing exclusively on bauxite mining, alumina refining, and aluminum smelting operations; AWAC encompasses bauxite mines and alumina refineries in Australia, Brazil, Spain, Saudi Arabia, and Guinea, alongside a 55% stake in the Portland aluminum smelter in Victoria, Australia. The company markets smelter-grade alumina and related chemicals to global aluminum smelters, deriving its earnings from this equity share after corporate overheads, without direct operational management as Alcoa Corporation oversees day-to-day activities. Incorporated in 1970 as WMC Resources and renamed Alumina Limited in December 2002 following a demerger, it maintains headquarters at 2 Southbank Boulevard, Southbank, Victoria, Australia, serving industrial customers worldwide through diversified upstream exposure in the aluminum supply chain. Alcoa Corporation completed its acquisition of Alumina Limited on August 1, 2024, through a wholly-owned subsidiary in an all-stock transaction valued at approximately $2.8 billion, granting former Alumina shareholders 0.02854 Alcoa shares (as CHESS Depositary Interests listed under ASX:AAI) per share held. This deal fully consolidates AWAC under Alcoa ownership, eliminating the joint venture structure, enhancing operational efficiency, financial flexibility, and strategic optionality amid alumina market dynamics. Alumina Limited's independent listing and ticker now reflect its status as a fully integrated subsidiary within Alcoa's global bauxite, alumina, and aluminum portfolio.
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