Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018
Green Car Congress
SEPTEMBER 28, 2015
The separation is intended to qualify as a tax-free transaction to Alcoa shareholders for US federal income tax purposes. It has a low 19 th percentile position on the global bauxite cost curve. With proximity to owned refinery operations, its mining reserves will provide a consistent supply of low-cost bauxite.
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