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Stock impact report

Union says meeting with Alcoa again over strike at Australian aluminium project [Reuters]

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Company Research Source: Reuters
Union says meeting with Alcoa again over strike at Australian aluminium project | Reuters 2 Min Read MELBOURNE, Sept 26 (Reuters) - The union at Alcoa’s aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer. Unionised workers at two alumina refineries and three bauxite mines walked out on Aug. 8 on worries that a new workplace agreement did not adequately address job security. The strike has come during a period of very tight supply for aluminium-making material alumina, helping prices for the commodity rally by 20 percent over a month. “(The union’s negotiating team) is meeting with Alcoa this Wednesday to discuss a resolution to the dispute,” said Australian Workers’ Union State Secretary Mike Zoetbrood. He said that union members had met last Friday and recommended holding further discussions with the company afte Show less Read more
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