Aluminium price plunge hits Alcoa's bottom line

ALUMINIUM producer Alcoa has reported a net loss of $US497 million ($A700 million) for the first quarter 2009, its second consecutive quarterly loss.

Aluminium price plunge hits Alcoa's bottom line Aluminium price plunge hits Alcoa's bottom line Aluminium price plunge hits Alcoa's bottom line Aluminium price plunge hits Alcoa's bottom line Aluminium price plunge hits Alcoa's bottom line

The United States-based company said the net loss, at 61c per share, reflected the continuing slump in demand for aluminium and the plunge in prices.

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