Alcoa Corp. today announced the closure of its Intalco aluminum smelter in Washington State, which has been fully idle since 2020. The closure announcement begins a process to prepare the site for new economic development opportunities. "The Intalco smelter site operated for nearly 55 years, and we've spent significant time evaluating options for [...]
Alcoa Corp. today announced that the Portland Aluminium smelter in the state of Victoria in Australia will begin to immediately reduce its overall production due to operational instability. Production at the smelter will be reduced to approximately 75 percent of the site's total consolidated capacity of 358,000 metric tons per year . Alcoa's share [...]
Alcoa Corp. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock, to be paid on March 23, 2023 to stockholders of record as of the close of business on March 7, 2023. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with [...]
Alcoa announced today that its subsidiary Alcoa of Australia Limited has terminated a joint development project with FYI Resources Ltd. for high-purity alumina . Alcoa announced in 2021 that AoA had executed a binding term sheet with Western Australia-based FYI Resources for development activities to produce HPA, which is used to manufacture [...]
Alcoa Corp. announced today that Roy C. Harvey, President and Chief Executive Officer, will present at the BMO Capital Markets 32nd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida, beginning at 9:30 a.m. EST on Tuesday, February 28, 2023. Harvey's presentation will review Alcoa's business and the Company's outlook in [...]
Alcoa Corporation today reported fourth quarter and full year 2022 results, ending a year in which Alcoa maintained a strong balance sheet, provided capital returns to stockholders, and advanced sustainably through strategic restarts of capacity and progression of its breakthrough technologies. The Company also worked to mitigate challenging market [...]
Alcoa has been recognized as a leader for environmental, social, and governance performance with its most recent inclusion in the S&P Dow Jones Sustainability Indices . The annual indices are a globally recognized listing of companies with strong ESG performance, and Alcoa has been included in the rankings since the DJSI's inception in 1999. This [...]
Alcoa Corp. announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a question-and-answer session at the Goldman Sachs Global Metals & Mining Conference in New York beginning at 9:45 a.m. Eastern Standard Time on Wednesday, November 16, 2022. The question-and-answer session will follow [...]
Alcoa Corp. today reported third quarter 2022 financial results that reflect lower sequential average realized prices for alumina and aluminum, coupled with higher costs for energy and key raw materials. Third Quarter Highlights Revenue of $2.85 billion Recorded a quarterly net loss of $746 million and loss per share of $4.17, which includes $652 [...]
Alcoa Corp. today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock, to be paid on November 18, 2022 to stockholders of record as of the close of business on November 1, 2022. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum [...]
Alcoa Corp. today announced an additional power purchase agreement to support the future restart of the San Ciprián aluminum smelter in Spain. This latest agreement is with Endesa, a leading company in the Spanish electricity sector that is a subsidiary of the Enel Group. The agreement will provide power balancing services for the smelter load from [...]
Alcoa Corp. today announced new innovations in alloy development and deployment, further strengthening its position as a supplier of advanced aluminum alloys. The Company's innovations include the introduction of a new high-strength, 6000 series alloy, A210 ExtruStrongTM, that delivers benefits across a wide range of extruded applications [...]
