Alcoa Inc., the largest U.S. aluminum producer, spent $400,000 in the second quarter to lobby the federal government on energy and other issues, according to a disclosure report.
That's nearly 17 percent less than the Pittsburgh-based company spent on lobbying in the previous quarter and 25 percent less than it did a year earlier.
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Last month, Alcoa reported its third consecutive quarterly loss but beat Wall Street expectations, saying some markets for the lightweight metal may be stabilizing.
Executives attributed the narrower-than-expected loss of $454 million to recent efforts to slash costs and raise cash.
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