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 on Alcoa's twitter handle @Alcoa at www.twitter.com/Alcoa. A conference [...]
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 issuance of the notes, together with cash on hand, to contribute approximately [...]
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 committed, subject to approval, to provide up to $14.8 million per year for four [...]
Alcoa Corp. announced today that Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa, has priced an offering of $500,000,000 aggregate principal amount of 4.125% senior notes due 2029 . The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The sale of the notes is expected to be completed on March 24, 2021, subject to customary closing conditions. The issuer [...]
Alcoa Corp. announced today a proposed offering of $500,000,000 aggregate principal amount of senior notes by Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa. The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The timing of pricing and terms of the notes are subject to market conditions and other factors. The issuer intends to use the net proceeds from 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 two separate investor conferences. BMO 30th Global Metals & Mining Virtual Conference Mr. Harvey will participate in a question and answer session beginning at 11:00 a.m. EST on Tuesday, March 2, 2021. A real-time audio webcast of this [...]
Alcoa Corp. today reported fourth quarter and full-year 2020 results that reflect strong operational performance, the successful execution of multiple cash actions throughout the year, and significant progress on the Company’s strategy to strengthen Alcoa for the long term. Fourth Quarter Highlights Continued to safely maintain operations during the ongoing COVID-19 pandemic; all production sites remain fully operational [...]
Alcoa Corp. announced today that it will halt curtailment plans for its San Ciprián aluminum smelter in Spain while it reviews a court decision related to a collective dismissal process. On October 9, 2020, Alcoa announced its decision to curtail the smelter’s 228,000 metric tons of annual capacity and proceed with the collective dismissal of employees after completing four months of consultations with the workers [...]
Alcoa Corp. today announced that three more of its operating locations have earned certifications from the Aluminium Stewardship Initiative , the industry’s most comprehensive system for third-party validation of sustainable manufacturing processes. The latest facilities to earn the Performance Standard certification include the Fjarðaál smelter in Iceland, the Lista smelter in Norway, and the San Ciprián refinery in [...]
Alcoa announced today its inclusion in the 2020 Dow Jones Sustainability Indices, the world’s leading provider of ratings that evaluate publicly listed companies against environmental, social and governance criteria. The Dow Jones Sustainability Indices are the longest-running benchmarks to assess the sustainability performance of the world’s largest companies. Only the most sustainable companies in each industry are [...]
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 virtual Goldman Sachs Global Metals & Mining Conference, beginning at 9:00 a.m. EST on Thursday, November 19, 2020. The session will be available through a live audio webcast hosted on the “Investors” section of Alcoa’s website, www.alcoa.com. A slide [...]
Alcoa Corp. today reported third quarter 2020 results that reflect improved pricing for alumina and aluminum, continued operational excellence during the pandemic, and a strong cash position. Third Quarter Highlights Generated $158 million in cash from operations; $84 million free cash flow Set new production records for Alcoa operated mines and refineries Grew cash balance to $1.74 billion, including the proceeds from a [...]