AWC 0.45% $1.68 alumina limited

News: AWC Alumina Ltd comments on closure of AWAC suralco operations

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    Jan 4 (Reuters) - Alumina Ltd (AWC)

    • Closure of awac suralco operations-awc.ax
    • Also notes that AWAC's share of cash costs after tax over five years would be $181 million, with $29 million to be spent during 2017
    • Notes that AWAC would record in 2016 Q4 $108 million in usgaap restructuring-related charges after tax, based on liability allocation assumed by alcoa corp
    • Co's equity share of cash costs would be $72 million and $12 million, respectively
 
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