Shipments surge with Brazil and Mexico leading the rise.
The US upstream company, which in Latin America operates in Brazil and Jamaica, says its alumina and aluminum segments 'captured the benefits of improved market pricing to increase earnings substantially.'
Yellow metal will rise on spiraling consumer debt and weaker economic growth, coupled with geopolitical shocks, McEwen Mining CEO Rob McEwen tells BNamericas.
The CEO of steel association IABr says the government should beef up the country's trade defenses amid rising low-cost imports and news of a US probe.
Growth was fastest in Brazil as production in Venezuela tumbled.
Votorantim Metais' Peru zinc refinery, which has already been hampered by flooding and a two-day labor stoppage over the past month, is due for further strike action.