This morning I added Alumina Ltd. (AWC) to the Barchart Van Meerten Speculative portfolio. AWC’s principal activities are mining, processing and marketing of minerals, metals, fertilizers, exploration for minerals, and investments in companies producing metals, minerals and chemicals.
They are a fully integrated company from the mining of bauxite at 8 different mines, to smelting and refining of the aluminum at 8 different refineries and smelters to actually shipping to the ultimate user. They are responsible of 17% of the world’s total production of aluminum with over 7,000 employees scattered over Australia, the US, Guinea, Suriname, Jamaica, Brasil and Spain. As the economy recovers there should be a great need for aluminum. ...


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