Aluminium | Geoscience Australia
1887: Austrian chemist Karl Josef Bayer working in Russia developed a method for extracting alumina from bauxite. 1888: Hall founded the Pittsburgh Reduction Company (known as Alcoa since 1907). 1890: The HallHeroult and Bayer discoveries had caused the price of aluminium to plummet 80%. In 1888, aluminium cost US per pound.