Alcoa has reported a third quarter profit as its value-add and upstream portfolios delivered solid results in the face of strong market and currency headwinds.

Alcoa has been transforming by building its value-add portfolio for profitable growth and creating a globally competitive upstream business.

The company’s successful multi-year transformation will culminate with the launch of two Fortune 500 companies, one value-add focused and the other upstream focused, expected in the second half of 2016.

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