Alcoa CEO Kleinfeld Supports Creation of Aluminum-Based ETF

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Bloomberg.com reports that Alcoa ( NYSE:AA)  is interested in creating an aluminum-based ETF. The story is quoted as saying: An aluminum ETF would allow investors to hold the metal without the capital requirements and warehousing costs involved in owning the physical metal that’s traded on the London Metal Exchange, Kleinfeld said To access the full […]

Bloomberg.com reports that Alcoa ( NYSE:AA)  is interested in creating an aluminum-based ETF.

The story is quoted as saying:

An aluminum ETF would allow investors to hold the metal without the capital requirements and warehousing costs involved in owning the physical metal that’s traded on the London Metal Exchange, Kleinfeld said

To access the full story, click here.

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