Alcoa Corp. announced today that William F. Oplinger has been elected to serve as President and Chief Executive Officer of the Company and as a member of its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925107514/en/ William F. Oplinger Oplinger succeeds Roy C [...]
Alcoa Corp. announced today that Molly S. Beerman, Executive Vice President and Chief Financial Officer, will participate on Tuesday, September 12, 2023, at the Morgan Stanley 11th Annual Laguna Conference in Dana Point, California. Beerman will make brief comments, beginning at 3:50 p.m. EDT, regarding Alcoa's business and the Company's outlook in [...]
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 August 24, 2023 to stockholders of record as of the close of business on August 8, 2023. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products [...]
Alcoa Corp. today announced that it has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. The company's current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa. Bacchi will lead the Company's sales and trading, marketing, supply chain [...]
Alcoa Corp. today reported second quarter 2023 results that included higher sequential revenue as increased shipments outweighed lower average realized pricing. Second Quarter Generated revenue of $2.68 billion Posted Net loss attributable to Alcoa of $102 million, or $0.57 per share, an improvement of 56 percent sequentially Recorded Adjusted [...]
Alcoa Corp. has issued its 2022 Sustainability Report, which details the Company's continued progress on Environmental, Social and Governance initiatives. The report is available on the sustainability section of Alcoa's web site at www.alcoa.com/sustainability. "Responsible and sustainable practices are vital for our Company, our customers and the [...]
Alcoa announced today that the Portland Aluminium joint venture in Victoria, Australia, which Alcoa operates, has been recognized for its environmental, social and governance performance by the Aluminium Stewardship Initiative. Both the smelting and casthouse operations at Portland Aluminium have earned ASI's Performance Standard certification [...]
Alcoa Corp. announced today that members of the United Steelworkers have ratified a new collective bargaining agreement that covers employees at its aluminum smelters in the United States. The new three-year agreement master agreement covers approximately 860 active employees at the smelter at Warrick Operations in Indiana and the smelter at [...]
Alcoa and Emirates Global Aluminium announced today a new multi-year agreement for Alcoa to supply EGA with smelter grade alumina. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230512005216/en/ EGA CEO Abdulnasser Bin Kalban greets Alcoa's Executive Vice President and Chief Commercial [...]
Alcoa Corp. announced today that it has reached a tentative agreement with the United Steelworkers on a new three-year labor agreement for employees at two U.S. locations. The union will now schedule a vote with its members to ratify the proposed contract, the result of extensive negotiations between the Company and the United Steelworkers. The [...]
Alcoa Corp. President and Chief Executive Officer Roy C. Harvey will participate in a session at the Bank of America Global Metals, Mining & Steel Conference in Barcelona, Spain, on Wednesday, May 17, 2023. Harvey will make brief comments regarding Alcoa's business and the Company's outlook in the current market and will participate in a [...]
Alcoa Corp. today reported first quarter 2023 results that included sequential improvements in key earnings metrics, a strong cash balance, and a quarterly cash dividend payment. First Quarter Highlights: Generated revenue of $2.7 billion Posted sequential improvements in Net loss attributable to Alcoa of $164 million and Adjusted EBITDA excluding [...]