Tuesday, June 10, 2014

10 Best Safest Stocks For 2015

10 Best Safest Stocks For 2015: Alumina Ltd (AWC)

Alumina Limited, through its 40% equity interest in Alcoa World Alumina and Chemicals, engages in the bauxite mining, alumina refining, and aluminum smelting businesses. It has interests in eight alumina refineries and eight bauxite mines, as well as operates two aluminum smelters in Victoria, Australia. The company also owns interests in a network of mines, refineries, and smelters in the United States, Guinea, Suriname, Jamaica, Brazil, and Spain. In addition, it owns and operates a shipping operation that transports alumina, aluminum, and raw materials worldwide. The company, formerly known as WMC Limited, was founded in 1970 and is based in Southbank, Australia.

Advisors' Opinion:
  • [By Tim Melvin]

    One such company is Alumina Limited (NYSE ADR: AWC), an Australian aluminum company.

    Alumina, which mines and refines aluminum, operates eight refineries and two aluminum smelters and owns or has interest in seven mining operations. It has a shipping operation that transports aluminum-related raw materials.

  • [By Peter Krauth]

    Prospects are strong, as AA continues to push productivity gains and further penetrate sectors like aerospace and automotive. As automobiles look to improve fuel consumption, the average U.S. car will likely go from about 14 lbs. to 55 lbs. of aluminum in just the next three years. Alcoa CEO Klaus Kleinfeld thinks cars will contain 135 lbs. of aluminum within twelve years.

    The Even Better-Looking Sister Is... Another way to play aluminum might be through Alumina Ltd. (ADR) (NYSE: AWC).

    Alumina owns 40% of the world's largest alumina business, Alcoa World Alumina and Chemicals (AWAC), with Alcoa owning and managing the other 60%.

  • [By Ben Levisohn]

    Shares of Alcoa have dropped 3.3% to $7.90 today at 9:30 a.m. The downgrade has also hit other aluminum producers this morning. Alumina (AWC) has fallen 1.1% to ! $3.73, Kaiser Aluminum (KALU) has declined 0.7% to $71.17, and BHP Billiton (BHP), of which aluminum is but a small piece, is off 0.3% at $66.22.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-safest-stocks-for-2015.html

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