Alcoa Corp. today announced it has amended and restated its existing Revolving Credit Facility into a $1.25 billion revolving credit facility with improved terms, including the addition of sustainability-linked metrics. The agreement for the Facility continues to be between Alcoa Nederland Holding B.V., a wholly owned subsidiary of Alcoa Corp., and [...]
Alcoa Corp. plans to announce its second quarter 2022 financial results on Wednesday, July 20, 2022 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. today announced a $51 million project to increase the production capacity at its Mosjøen smelter in Norway by 14,000 metric tons per year . Alcoa's Mosjøen location currently has a nameplate capacity of 200,000 mtpy, and the investment is expected to increase that capacity to 214,000 mtpy by the end of 2026. Amperage to the site's two [...]
Alcoa Corp. announced today that it is supplying low-carbon EcoLum™ aluminum to Hellenic Cables S.A., one of the largest cable producers in Europe with key markets in renewable energy transmission and distribution. Hellenic Cables, the cables segment of Cenergy Holdings, operates five manufacturing plants across three countries and [...]
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 Deutsche Bank 13th Annual Global Materials Conference in New York beginning at 9:45 a.m. Eastern Daylight Time on Thursday, June 9, 2022. The question-and-answer session will follow [...]
Alcoa Corp. today announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The long-term power purchase agreement is with Greenalia, an independent renewable energy developer and producer. Subject to windfarm permitting processes, the agreement would [...]
Alcoa Corp. has released its 2021 Sustainability Report, which provides a detailed overview of the Company's progress against key environmental, social and governance objectives. "Now, more than ever, our world needs reinvention, and we made significant progress in 2021 against our vision to reinvent the aluminum industry for a sustainable future [...]
Alcoa Foundation today announced a partnership with the International Union for Conservation of Nature to investigate how ecosystem restoration projects can successfully contribute to biodiversity and community benefits under different environmental and social contexts. Funded by a $1.5 million Alcoa Foundation grant, the three-year project will [...]
Alcoa Corp. announced today that it has entered into a supply agreement to provide low-carbon EcoLumTM aluminum to Speira, a global aluminum rolling and recycling company. Alcoa's EcoLum™ brand is part of the Company's SustanaTM family of low-carbon products, the most comprehensive in the aluminum industry. "We're proud to supply Speira with [...]
Alcoa Corp. today announced that the Alumar smelter in São Luís, Brazil has now energized its first 20 smelting pots as part of the ongoing restart of aluminum capacity at the location. Alumar's smelter is owned by Alcoa and South32 Ltd.. It has three smelting lines with 710 pots. More capacity will progressively come online, with the full annual [...]
Alcoa Corp. today announced that Australian governments have provided $7.7 million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoa's Refinery of the Future initiative. Alcoa of Australia has received support to test electric calcination with $6.4 million from The Australian Renewable Energy Agency and [...]
Alcoa Corp. today announced that its Massena facility in New York has earned provisional certification from the Aluminium Stewardship Initiative for both its smelter and casthouse. Massena is the world's longest continuously operating smelter, with aluminum production beginning in 1902. During its long history of manufacturing excellence, the [...]
