Alcoa Corp. today announced an ambition to achieve net-zero greenhouse gas emissions across its global operations by 2050. This endeavor to reach net-zero GHG emissions by 2050 for direct and indirect emissions aligns with the Company's strategic priority to advance sustainably and complements the Company's existing targets, which include reducing [...]
Alcoa Corp. intends to enter the growing high-purity alumina market to address increasing demand for sustainable products through a joint development project. Alcoa of Australia Limited , a subsidiary of Alcoa Corp., has executed a binding term sheet with Western Australia-based FYI Resources Ltd. for development activities to produce high-purity [...]
Alcoa Corp. plans to announce its third quarter 2021 financial results on Thursday, October 14, 2021, 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 [...]
Alcoa Corp. announced today that it plans to restart 268,000 metric tons per year of aluminum capacity at the Alumar smelter in São Luís, Brazil, which has been fully curtailed since 2015. The process to restart the idle capacity will begin immediately. The first molten metal is expected in the second quarter of 2022, and the full 268,000 mtpy of [...]
Alcoa Corp. announced today that William F. Oplinger, Alcoa's Executive Vice President and Chief Financial Officer, will participate in the Jefferies Base Metals & Battery Materials Summit on Tuesday, September 21, 2021. The virtual session, which will include comments on the business and a question-and-answer portion, will begin at 1:30 p.m. EDT [...]
Alcoa Corp. , a global leader in bauxite, alumina, and aluminum products, announced today that William F. Oplinger, Alcoa's Executive Vice President and Chief Financial Officer, will participate in two separate investor conferences this month: Credit Suisse 34th Annual Basic Materials Conference: Oplinger will participate in a virtual question and [...]
Alcoa Corp. today reported its highest ever quarterly net income and earnings per share, capturing the benefits of strong aluminum pricing with improved customer demand, stable operational performance, and additional cash generation through strategic actions. Second Quarter Highlights Highest profitability since Alcoa Corp.'s 2016 inception with [...]
Alcoa Corp. announced today that it has completed a sale of land in the state of Maryland for $100 million in cash. The 2,100-acre property covers more than three square miles in Frederick County, Maryland and once served as the site of the former Eastalco smelter, which permanently closed in 2010. The sale transaction, completed on June 23, 2021 [...]
Alcoa Corp. plans to announce its second quarter 2021 financial results on Thursday, July 15, 2021, 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 [...]
Alcoa Corp. announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will present at Deutsche Bank's 12th Annual Global Basic Materials Virtual Conference on Wednesday, June 9, 2021. The session will be available through a live audio webcast beginning at approximately 11:15 a.m. EDT on Wednesday, June 9, on [...]
Alcoa Corp. today announced a development project with the potential to significantly reduce carbon emissions in the alumina refining process, which would further enhance the Company's strong sustainability performance across the aluminum value chain. The Australian Renewable Energy Agency has granted to Alcoa of Australia $8.8 million to test the [...]
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 a question and answer session at the Bank of America Securities Global Metals, Mining & Steel Virtual Conference on Wednesday, May 19, 2021. The session will be [...]