Alcoa today announced that it has entered into an agreement with Alumina Ltd. on terms and process for the acquisition of Alumina Ltd., subject to entry into a scheme implementation agreement. Alcoa and Alumina Ltd. have entered into an exclusivity and transaction process deed , and the Alumina Ltd. Board of Directors has confirmed that, subject to [...]
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 March 21, 2024 to stockholders of record as of the close of business on March 5, 2024. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with [...]
Alcoa Corp. announced today that William F. Oplinger, President and Chief Executive Officer, will present at the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida on February 27, 2024. At 9:30 a.m. EST, Oplinger will deliver a presentation regarding Alcoa's business, market conditions, and outlook in the current market [...]
Alcoa announced today that it will supply global cable producer Nexans with aluminum produced from a revolutionary process that eliminates all direct greenhouse gas emissions from the traditional smelting process. Nexans will be the world's first cable manufacturer to use metal from the breakthrough ELYSIS™ process, which replaces all [...]
Alcoa Corporation today reported fourth quarter and full year 2023 results that demonstrate progress on key priorities. Financial Results and Highlights M, except per share amounts 4Q23 3Q23 FY23 FY22 Revenue $2,595 $2,602 $10,551 $12,451 Net loss attributable to Alcoa Corporation $ $ $ $ Loss per share attributable to Alcoa Corporation [...]
Alcoa Corp. today announced it plans to fully curtail production in 2024 at its Kwinana Alumina Refinery in Western Australia, with the process beginning in the second quarter. The Kwinana refinery has an annual nameplate production capacity of 2.2 million metric tons. The refinery has been operating at approximately 80 percent of its nameplate [...]
Alcoa Corp. plans to announce its fourth quarter and full year 2023 financial results on Wednesday, January 17, 2024, 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 [...]
Alcoa Corp. today announced that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220861728/en/ Matt Reed, Alcoa Corp.'s new EVP and Chief Operations Officer effective [...]
As part of a planned series of meetings with key stakeholders, representatives of the Spanish operating subsidiaries of Alcoa Corp. will be meeting this week with representatives of the national and regional authorities in Spain to discuss financial losses at the San Ciprián complex, which consists of an alumina refinery and an aluminum smelter [...]
Alcoa Corp. announced today that William F. Oplinger, President and Chief Executive Officer, will participate on November 16, 2023, at the Goldman Sachs Metals and Mining Conference in New York, New York. Oplinger will make brief comments, beginning at 1:50 p.m. EST, regarding Alcoa's business, market conditions, and the Company's outlook in the [...]
Alcoa Corp. today reported third quarter 2023 results that include increased third-party shipments in the Company's two segments and a sequential improvement in cash generated from operations despite lower sequential average realized prices for alumina and aluminum. Financial Results and Highlights M, except per share amounts 3Q23 2Q23 3Q22 Revenue [...]
Alcoa Corp. plans to announce its third quarter 2023 financial results on Wednesday, October 18, 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 on [...]