Alumina Limited (ADR) (NYSE:AWC)
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Alumina's sole business is participating in the aluminium industry, which conducts primarily through bauxite mining and alumina refining, with some minor alumina based chemicals businesses, aluminium smelting and the marketing of those products.
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When buying stock in companies involved in joint operations agreements do you buy the managing partner or the minority partner? Both sides have risks. Here I own both but Alumina pays the better dividend so I own more of it.