Merrill Lynch Upgrades Alumina Ltd. (AWC) to Buy

September 2, 2008 7:56 AM EDT

Merrill Lynch upgrades Alumina Ltd. (NYSE: AWC) from Underperform to Buy.

Alumina Limited is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC).


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