Summary
ALUMINIUM maker Alcan saw sales and profits soar in the past financial year as the price of the metal hit new highs.
But the UK division of the Rio Tinto Alcan global conglomerate, which has 650 employees at Lynemouth in Northumberland, is more cautious this year now the price of aluminium has halved.See the full content of this document
Extract
Alcan Waits for Price Rollercoaster to Climb
As the price reached $3,000 per tonne last summer, pre-tax profits rose by 30% to pounds 105m and a...
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