Alumina shares lift despite Alcoa's Q2 loss

US aluminium producer remains confident of global outlook despite steep loss.

Shares in Alumina Ltd rose nearly five% after US partner posted a sharp loss in the second quarter on restructuring costs.

At 1035 AEST Alumina was 4.75% higher at $1.0475, against a benchmark index rise of 0.89%.

Despite the loss, Aluminium producer Alcoa remains bullish on the global outlook for aluminium.


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