Alcoa Corp. today announced the purchase of group annuity contracts that will facilitate the transfer of approximately $235 million of pension obligations and assets associated with defined benefit pension plans for certain Canadian retirees and beneficiaries. The transfer, which will be complete later this month, further enhances the Company's [...]
Alcoa today announced the expansion of the Company's EcoSource™ low-carbon alumina brand to now include certain grades of non-metallurgical alumina. First launched in 2020 for smelter-grade applications , EcoSource is the world's first and only low-carbon alumina brand. Now, it is also being offered in non-metallurgical grades, including [...]
Alcoa Corp. announced today that engineering crews are working now to support repairs on a two-belt system that conveys raw materials from the pier at Alumar, the Aluminum Consortium of Maranhão in Brazil. The conveyance system, which moves bauxite, coal, coke and pitch, failed on Saturday, March 25, 2023, preventing the unloading of materials. The [...]
Alcoa Corp. plans to announce its first quarter 2023 financial results on Wednesday, April 19, 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 [...]
Alcoa Corp. today announced the closure of its Intalco aluminum smelter in Washington State, which has been fully idle since 2020. The closure announcement begins a process to prepare the site for new economic development opportunities. "The Intalco smelter site operated for nearly 55 years, and we've spent significant time evaluating options for [...]
Alcoa Corp. today announced that the Portland Aluminium smelter in the state of Victoria in Australia will begin to immediately reduce its overall production due to operational instability. Production at the smelter will be reduced to approximately 75 percent of the site's total consolidated capacity of 358,000 metric tons per year . Alcoa's share [...]
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 23, 2023 to stockholders of record as of the close of business on March 7, 2023. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with [...]
Alcoa announced today that its subsidiary Alcoa of Australia Limited has terminated a joint development project with FYI Resources Ltd. for high-purity alumina . Alcoa announced in 2021 that AoA had executed a binding term sheet with Western Australia-based FYI Resources for development activities to produce HPA, which is used to manufacture [...]
Alcoa Corp. announced today that Roy C. Harvey, President and Chief Executive Officer, will present at the BMO Capital Markets 32nd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida, beginning at 9:30 a.m. EST on Tuesday, February 28, 2023. Harvey's presentation will review Alcoa's business and the Company's outlook in [...]
Alcoa Corporation today reported fourth quarter and full year 2022 results, ending a year in which Alcoa maintained a strong balance sheet, provided capital returns to stockholders, and advanced sustainably through strategic restarts of capacity and progression of its breakthrough technologies. The Company also worked to mitigate challenging market [...]
Alcoa has been recognized as a leader for environmental, social, and governance performance with its most recent inclusion in the S&P Dow Jones Sustainability Indices . The annual indices are a globally recognized listing of companies with strong ESG performance, and Alcoa has been included in the rankings since the DJSI's inception in 1999. This [...]
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 Goldman Sachs Global Metals & Mining Conference in New York beginning at 9:45 a.m. Eastern Standard Time on Wednesday, November 16, 2022. The question-and-answer session will follow [...]
