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Macro Finance

Alcoa Shares Tumble After Cyclone Cuts Into Alumina Output

Bloomberg Markets·July 16, 2026·1 min read

Alcoa Corp. cut its alumina production forecast after operational problems at an Australian refinery weighed on output, overshadowing a quarter where higher aluminum prices lifted revenue. Shares tumbled on the news. The company did not specify the extent of the production cut or the duration of the refinery issues.

Read at Bloomberg Markets
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