Lightweight, high-performance metals leader Alcoa (NYSE:AA) is investing $22 million in Hot Isostatic Pressing (HIP) technology at its facility in Whitehall, Michigan. The investment will enable Alcoa to capture growing demand for advanced titanium, nickel and 3D-printed parts for the world €™s bestselling jet engines. Steep ramp-up [...]
Global lightweight, high-performance metals leader Alcoa (NYSE:AA) was presented with two top awards at the Platts 2015 Global Metals Awards ceremony held last night in London. Platts named Alcoa Metals Company of the Year, the publication €™s highest award, for all-around excellence in executing a metals strategy. The Company also [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced that Alcoa of Australia will permanently close the Anglesea coal mine and power station on August 31, 2015. The Anglesea power station previously supplied approximately 40 percent of the power needs for the Point Henry smelter in Geelong, Victoria. Alcoa said in February 2014 that it would [...]
Alcoa (NYSE:AA) Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 2015 Bank of America Merrill Lynch Global Metals, Mining & Steel Conference being held May 12-14 in Barcelona, Spain. Oplinger will speak at 11:00 a.m. EDT (5:00 p.m. CET) on Tuesday, May 12. He will discuss Alcoa's strategy for building its [...]
Lightweight metals leader Alcoa (NYSE:AA) announced changes to its Board of Directors today effective with the Company's Annual Meeting of Shareholders held in Pittsburgh. Dr. Judith Gueron, an Alcoa director since 1988 and its Lead Director since 2010, who did not stand for re-election when her term expired at the Annual Meeting, retired from the [...]
The Board of Directors of Alcoa today declared (a) a quarterly common stock dividend of 3 cents per share payable May 25, 2015 to holders of record of the common stock at the close of business on May 11, 2015; (b) a dividend of 93.75 cents per share on Alcoa ™s $3.75 cumulative preferred stock ( Class A Stock ) payable July 1, 2015 to holders of [...]
Lightweight metals leader Alcoa (NYSE:AA) will host a live webcast of its 2015 Annual Meeting of Shareholders on Friday, May 1, 2015 beginning at 9:30 a.m. EDT. Registration for the webcast is required. To register, go to www.alcoa.com/annualmeeting. Presentation materials will be available online. A replay of the webcast will be available by close [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported strong first quarter 2015 profits. The Company’s strategy of building its value-add portfolio and creating a globally competitive commodity business is delivering results. Alcoa reported first quarter 2015 net income of $195 million, or $0.14 per share, including $158 million in [...]
Alcoa (NYSE:AA) will hold a conference call on Wednesday, April 8 beginning at 5:00 p.m. Eastern Daylight Time to discuss first quarter 2015 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 [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced that it will curtail the remaining 74,000 metric tons of smelting capacity at its São LuÃs (Alumar) facility in Brazil. The decision is aligned with the Company’s recent announcement to evaluate upstream capacity for possible curtailment, closure or sale as Alcoa [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced that it plans to curtail 443,000 metric tons per year (mtpy) of alumina refining capacity at Suralco in Suriname. In addition, the Company and the Government of Suriname have agreed to pursue a transaction for a Government-owned entity to acquire the Suralco operations. The curtailment [...]
Lightweight, high-performance metals leader Alcoa (NYSE:AA) is announcing another major milestone in its transformation, further building its value-add portfolio for profitable growth. The Company has signed a definitive agreement to acquire RTI International Metals, Inc. (NYSE:RTI), a global supplier of titanium and specialty metal products and [...]
