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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Alcoa will curtail its San Ciprián aluminum smelter in Spain and initiate a collective dismissal that will affect approximately 530 employees. On October 8, Alcoa made the decision after considering all options, including reviewing records associated with four months of consultations with the workers’ representatives and the negotiations during a [...]
