03:35 PM EST - Global Alumina Corporation : announced that the joint venture board of directors approved additional Project funding of $12.8 million for the period October 1 through December 31, 2010. The joint venture board also approved commencement of construction of a new jetty and berth at the Kamsar container terminal. Global Alumina will be responsible for its one-third share of this amount. The joint venture board had previously approved cumulative Project funding from inception through September 2010 of $659.6 million of which $644.9 million was incurred or prepaid through June 2010 and $634.4 million has been funded to date. Global Alumina Corporation
shares T.GLA.U are trading even at $0.95.
