12 juin: 2nd UPDATE: Spanish Woes Continue To Deepen; Turmoil Spreads To I..
12 juin: UPDATE: US Court Tosses EPA Diesel-Engine Rule That Helped Navist..
12/06/2012 18:08:00

Rio Tinto Alcan CEO: Focus on Alumina, Bauxite

Related content
05 janv. - 
ENCADRE L'Australie victime du phénomène climatique La ..
05 janv. - 
Conséquences "catastrophiques" des inondation..
01 janv. - 
Les inondations en Australie entraînent de nouvelles év..

NEW YORK--Rio Tinto Alcan, one of five operating groups operated by Rio Tinto PLC (RIO, RIO.LN), is focusing its investment and development on bauxite and alumina, Jacynthe Cote, chief executive of Rio Tinto Alcan, said Tuesday at the American Metal Market Aluminum Summit.

"Remember that it all starts with bauxite and electricity," Ms. Cote said of aluminum production. She added that Rio Tinto Alcan is investing the most, among primary aluminum producers, into both bauxite and alumina production and assets. While some of Rio Tinto Alcan's customers may be better at making aluminum, these customers appreciate the company's efforts into expanding raw material supply, she said.

The mining and production company is repositioning itself to focus more on bauxite and alumina to help cut its production costs for aluminum.

"We think that will offer some upside going forward," Ms. Cote said.

The company is also focusing on using more hydroelectric and nuclear power to cut electricity costs.

The shifts will give Rio Tinto Alcan "the lowest carbon footprint in the industry," she said.

Write to Tatyana Shumsky at tatyana.shumsky@dowjones.com

(END) Dow Jones Newswires

June 12, 2012 12:08 ET (16:08 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

12 juin: 2nd UPDATE: Spanish Woes Continue To Deepen; Turmoil Spreads To I..
12 juin: UPDATE: US Court Tosses EPA Diesel-Engine Rule That Helped Navist..

Envoyer un commentaire

Related debate

  • 1 semaine
  • 1 mois
  • 1 an
Ingen indlæg

Annonces

Actualité la plus lue

  • 24 heures
  • 48 heures
  • 1 semaine
1
Groupe Casino : Informations relatives au nombre total de droits de vote et d'actions composant le capital social au 30 novembre 2014
2
JCDecaux Déclaration d'actions et de droits de vote au 30.11.2014
3
ADA :déclaration d'opération réalisée sur les titres de la société le 18.12.14
4
RAPIDO PRÊT : Introduction de la société sur le Marché Libre d'Euronext Paris
5
ALSTOM SA : L'assemblée générale des actionnaires d'Alstom autorise la cession du pôle Energie à General Electric

Related stock quotes

RIO Tinto FPO 56,29 2,9% Cours en hausse
RIO Tinto PLC ORD 10P 2 818,50 0,2% Cours en hausse
Rio Tinto PLC 45,38 2,4% Cours en hausse

Buy and sell signals

  • Tendance
  • Moneymachine
Vendre

Related companies
Get access to information and recommendations of related companies with our PLUS package.

You get access to 7 valuable investment tools.

Click here to read more about the PLUS package.

Droit d'auteur Euroinvestor A/S 2014   Mentions légales et conditions d'utilisation
Information sur les cours fournies par Interactive Data.
Les données sont différées de 15 à 20 minutes selon les accords avec les différentes bourses internationales.
 
samedi 20 décembre 2014 16:09:01
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141211.1 - EUROWEB6 - 2014-12-20 16:09:01 - 2014-12-20 16:09:01 - 4 - Website: OKAY