Key facts about the world's top aluminum producers
NEW YORK (Reuters) - Here are key facts about the world's largest aluminum producers. Alcoa Inc. launched a hostile bid worth nearly $27 billion on Monday for Canada's Alcan Inc. after talks between the rivals failed to lead to a deal.
Alcoa Inc.
-- Originally called The Pittsburgh Reduction Company, was renamed in 1907 as the Aluminum Company of America
-- At end 2006, biggest shareholders were: Capital Research & Management Co., with 9.40 percent; Wellington Management Co., with a 9.04 percent; State Street Global Advisors, with a 3.33 percent
-- Sales in 2006 were $30.38 billion. Net income was $2.25 billion, or $2.57 a share.
-- Alumina production in 2006 was 15.1 million tons
-- Worldwide primary aluminum capacity was 4.2 million metric tons
-- Market capitalization based on Friday's closing price was about $31 billion
-- Employs 122,000 people in 44 countries.
Alcan Inc.
-- Predecessor Northern Aluminum Co. was formed in 1902 as the Canadian subsidiary of Pittsburgh Reduction Co. In 1928, Alcan became an independently traded company.
-- At the end of 2006, the biggest shareholders were Capital Guardian Trust, with 7.35 percent; RBC Asset Management Inc., with 3.98 percent; and McLean Budden Ltd., with 3.24 percent.
-- Revenue in 2006 was $23.6 billion. Net income $1.78 billion, or $4.74 a share.
-- Used 11.4 million tons of bauxite to produce 4.9 million tons of smelter-grade alumina in 2006
-- Produced 3.4 million tons of primary aluminum in 2006.
-- Market capitalization based on Friday's closing price was $22.4 billion. Continued...


