Alcoa Corp. today reported its highest ever quarterly net income and earnings per share, capturing the benefits of strong aluminum pricing with improved customer demand, stable operational performance, and additional cash generation through strategic actions. Second Quarter Highlights Highest profitability since Alcoa Corp.'s 2016 inception with [...]
Alcoa Corp. announced today that it has completed a sale of land in the state of Maryland for $100 million in cash. The 2,100-acre property covers more than three square miles in Frederick County, Maryland and once served as the site of the former Eastalco smelter, which permanently closed in 2010. The sale transaction, completed on June 23, 2021 [...]
Alcoa Corp. plans to announce its second quarter 2021 financial results on Thursday, July 15, 2021, after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the "Investors" section of Alcoa's website, www.alcoa.com. A link to the press release will also be [...]
Alcoa Corp. announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will present at Deutsche Bank's 12th Annual Global Basic Materials Virtual Conference on Wednesday, June 9, 2021. The session will be available through a live audio webcast beginning at approximately 11:15 a.m. EDT on Wednesday, June 9, on [...]
Alcoa Corp. today announced a development project with the potential to significantly reduce carbon emissions in the alumina refining process, which would further enhance the Company's strong sustainability performance across the aluminum value chain. The Australian Renewable Energy Agency has granted to Alcoa of Australia $8.8 million to test the [...]
Alcoa Corp. announced today that Roy C. Harvey, President and Chief Executive Officer, and William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the Bank of America Securities Global Metals, Mining & Steel Virtual Conference on Wednesday, May 19, 2021. The session will be [...]
Alcoa Corp. has released its 2020 Sustainability Report, which provides a comprehensive overview of the Company's progress against key environmental, social and governance objectives. "Our latest sustainability report highlights the important work we accomplished in 2020 in the midst of one of the most challenging years for our Company and the [...]
Alcoa Corp. today reported first quarter 2021 results that reflect improvements in pricing for alumina and aluminum, strong operational performance, and continued discipline in executing the Company's long-term strategy. First Quarter Highlights Maintained reliable production and shipments while prioritizing safety, including COVID-19 protocols [...]
Alcoa Corp. today announced it has completed the sale of the rolling mill and associated assets near Evansville, Indiana, held by Alcoa Warrick LLC, to Kaiser Aluminum Corporation. The sale closed on March 31, 2021. In accordance with the previously announced sale agreement, Alcoa Corp. received total consideration of approximately $670 million [...]
Alcoa Corp. plans to announce its first quarter 2021 financial results on Thursday, April 15, 2021, after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the "Investors" section of Alcoa's website, www.alcoa.com. A link to the press release will also be [...]
Alcoa Corp. announced today that Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa, closed its offering of $500,000,000 aggregate principal amount of 4.125% senior notes due 2029 . The notes are guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The issuer intends to use the net proceeds from the [...]
Alcoa Corp. today announced new agreements with multiple power generators for the Portland Aluminium Smelter in the Australian state of Victoria. The five-year agreements with AGL, Alinta Energy and Origin will each commence August 1, 2021, when an existing agreement with AGL expires on July 31, 2021. The Australian Federal Government has [...]
