Through the companies' mixture of primary aluminum production, packaging and other activities varied, he said, there was sufficient overlapping to justify consolidation.
Alcoa shares shot up in late June after the company said it would cut its aluminum production by 25 percent.
Sea food processing, bio-fertilizer and aluminum production are also important to this provincial economy.
Africa accounted for 5% of the world's aluminum production in 2005.
During 1938-42 aluminum production increased from 5,000 to 30,000 tonnes.
The town's economy relies heavily upon bauxite mining and aluminum production.
In the early 1990s, aluminum production and exports continued to be negligible.
Electricity is an essential ingredient in primary aluminum production.
The region's economy is based on mining (mostly iron), lumbering, aluminum production, and tourism.
Cutting back aluminum production from Russia also means less profit for American companies.