Lightweight metals leader Alcoa (NYSE:AA) today announced a long-term contract with Embraer – the leading manufacturer of commercial jets up to 130 seats – valued at approximately $470 million. Under the multiyear agreement, Alcoa will supply aluminum sheet and plate for Embraer’s new E2s, the second generation of its E-Jets [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced a major milestone in connection with its pending separation into two strong standalone, publicly-traded companies. Alcoa Upstream Corporation (to be renamed Alcoa Corporation prior to separation) has filed an initial Registration Statement on Form 10 with the Securities and Exchange [...]
Alcoa (NYSE:AA) will host a webcast on Wednesday, June 29, at 8:30 a.m. EDT to discuss the contents of the initial filing with the Securities and Exchange Commission of the Registration Statement on Form 10 expected at approximately 7 a.m. EDT that day. The filing of the Form 10 is an important milestone in the Company’s plan to separate into [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced that Karl Tragl, Group President of Transportation and Construction Solutions (TCS), has been appointed Group President of Engineered Products and Solutions (EPS), succeeding Olivier Jarrault, effective May 16. Jarrault will leave Alcoa after working with Tragl to ensure a smooth transition [...]
The Board of Directors of Alcoa (NYSE:AA) today declared a dividend of $6.71875 per share on Alcoa’s 5.375% Class B Mandatory Convertible Preferred Stock (“Class B Stock”) payable July 1, 2016 to holders of record of the Class B Stock at the close of business on June 15, 2016. The dividend on the Class B Stock is equivalent to a [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced it has reached an agreement with the Bonneville Power Administration (BPA) that will help improve the competitiveness of its Intalco smelter. As a result, the smelter will not curtail at the end of the second quarter as previously announced by the Company. The amendment to the power contract [...]
Alcoa will host a live webcast of its 2016 Annual Meeting of Shareholders to be held on Friday, May 6, in Pittsburgh beginning at 9:30 a.m. EDT. Registration for the webcast is required. Presentation materials will be available online. A replay of the webcast will be available by close of business on Friday, May 6, at this same website. About Alcoa [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported solid first quarter 2016 performance. Arconic segments (Value-Add) reported year-over-year profit growth and the Upstream segments, Alumina and Primary Metals, remained profitable despite continued low pricing. The Company is on track to complete its separation in the second half of 2016 [...]
Lightweight metals leader Alcoa (NYSE:AA) has entered into an agreement with Airbus to supply 3D-printed titanium fuselage and engine pylon components for Airbus commercial aircraft. Alcoa expects to deliver the first additive manufactured parts to Airbus in mid-2016. This Smart News Release features multimedia. View the full release here [...]
Alcoa (NYSE:AA), the world’s largest bauxite miner, today announced that Alcoa World Alumina and Chemicals (AWAC) has secured multiple bauxite supply contracts valued at more than $350 million over the next two years. Under the contracts, the Company will supply bauxite to external customers from three of its global mines as it continues to [...]
Alcoa (NYSE:AA) will hold a conference call on Monday, April 11 beginning at 5:00 p.m. EDT to discuss first quarter 2016 results and business developments. The conference call will be webcast live via Alcoa's website, www.alcoa.com, with presentation materials available online at 4:15 p.m. EDT. Conference Call Information Time: 5:00 &ndash [...]
Alcoa (NYSE: AA) today announced that Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group (DUET) for AU$205 million (~US$154 million). DBP is currently owned 20 percent by Alcoa of Australia and 80 percent by DUET (in aggregate). As part of the [...]
