Along with its third quarter 2019 report, Alcoa Corporation has announced a multi-year portfolio review aimed at driving lower costs and sustainable profitability with refined strategic priorities. "Our third quarter showed continued strong operational performance and stability across our aluminium value chain," said president and CEO Roy Harvey. "Our Bauxite and Alumina segments reached new quarterly production records since our launch in 2016, and our aluminium business continued to rebound. While market and pricing challenges persisted through the quarter, our cash balance remained steady."
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