Alcoa Bets on Operating-Cost Cuts
Here is an article about Alcoa spending $1.5 billion to create a new low cost mine. Sounds like an oxymoron, doesn’t it? Imagine the analysis that goes into a decision like this…all of the information has to be boiled down to some of the basic things we have discussed including breakeven analysis, budgeting (including worst-case and best-case scenarios), pricing predictions, etc.
Alcoa Treks Into Jungle to Cut Costs. Robert Guy Matthews. Wall Street Journal. (Eastern edition). New York, N.Y.: Jun 22, 2010. pg. B.1