Noranda Aluminum files for bankruptcy, cites pension liabilities
One of North America’s biggest makers of aluminum foil is seeking bankruptcy protection to restructure, citing falling aluminum prices and other market challenges that also will force it to idle production at a Missouri smelter. Noranda Aluminum Holding Corp., which refines aluminum and mines bauxite, also cited labour costs, including $159 million in unfunded pension liabilities […]
- February 9, 2016 September 13, 2019
- 10:25