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The Defense Department last Friday said it has upped its equity investment in Atlantic Alumina Company LLC (Atalco) by $100 million, bringing total investment by the department to $400 million, to bolster the only remaining domestic alumina refinery, which is in Louisiana. The government’s investments have attracted $350 million in funding from Atalco’s current backers and another $50 million is expected within 75 days, DoD said. The government and private investments will allow Atalco to maintain production, stave off foreign…
