Alcoa's results give Rio a reason to smile

After years of trauma, Alcoa's aluminium division is starting to shine as the market shifts into balance. It's also good news for Rio Tinto's Sam Walsh.

Alcoa’s results overnight should have brought a smile to the face of Rio Tinto’s Sam Walsh. Walsh has been increasingly confident about the outlook for Rio’s aluminium business and the performance of Alcoa’s primary metals business, its best since 2007, provides support for his optimism.

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