Alcoa strikes $3.1b cash-and-stock deal for South32’s key aluminium assets
Alcoa Corporation is acquiring South32’s key aluminium assets in a USD 3.1 billion deal in cash plus 17,008,960 Alcoa shares, expanding its upstream aluminium portfolio across Australia, Brazil and South Africa. The transaction will also give South32 and its shareholders an equity interest in the...
Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
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Alcoa to invest USD 21 million in analysis of aluminum usage rate
Reportedly, Alcoa announced on July 1st 2011 to invest USD 21 million analysis of aluminum recycling, energy saving and emission reduction. The facility will occupy 35,000 square foot and will take new technology to melt the aluminum scrap to produce aluminum slab which will be used to produce new...
Alcoa Publishes Updated Wheel Spec Data Guide
Alcoa has updated its comprehensive product handbook known as the 2011 Alcoa Commercial Vehicle Wheels Spec Data Guide (Spec Data Guide). The Spec Data Guide features a complete product portfolio, including new LvL One Wheel applications recently launched. Users can refer to the Spec Data Guide for...
Alcoa power deal abandoned
A CONTENTIOUS state subsidy arrangement with aluminium manufacturer Alcoa would have been redirected by Spring Street to help finance an overhaul of Hazelwood power station, a former minister has revealed. Former industry minister Theo Theophanous has claimed a three-party deal between the Brumby...
KAISER ALUMINUM IS AMONG THE COMPANIES IN THE ALUMINUM INDUSTRY WITH A RELATIVELY LOW FORWARD EARNINGS YIELD (KALU, AWC,
Below are the lowest five companies in the Aluminum industry based on estimated Forward Earnings Yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally,...
Alcoa to Install Advanced Recycling and Casting Process in Barberton
Alcoa, a leading producer of primary and fabricated aluminum products, has planned to install a sophisticated recycling and casting process as a part of B&C Research expansion initiative in Barberton, Ohio. B&C Research is a division of Alcoa’s Wheel and Transportation Products business. The...
Alcoa to Install Advanced Recycling and Casting Process in Barberton
Alcoa, a leading producer of primary and fabricated aluminum products, has planned to install a sophisticated recycling and casting process as a part of B&C Research expansion initiative in Barberton, Ohio. B&C Research is a division of Alcoa’s Wheel and Transportation Products business. The...
Automakers turn to aluminum to cut weight out of cars, boost fuel economy
Automakers plan to use more aluminum over the next few years to meet higher fuel economy requirements, a trend that could send car prices higher. "The amount of aluminum that's used in cars is projected to double by 2020," said Alcoa spokesman Kevin Lowery. Federal fuel economy standards call for...
Automakers turn to aluminum to cut weight out of cars, boost fuel economy
Automakers plan to use more aluminum over the next few years to meet higher fuel economy requirements, a trend that could send car prices higher. "The amount of aluminum that's used in cars is projected to double by 2020," said Alcoa spokesman Kevin Lowery. Federal fuel economy standards call for...
Alcoa believes in U.S. manufacturing
Alcoa believes in American manufacturing and was proud to host President Barack Obama at our Davenport Factory. His visit showcased why we are bullish on U.S. manufacturing, exemplified by our 2,200 Davenport employees who create and produce the innovative materials that support Alcoa's global...
Alcoa Could Reach $20 with Help from New Alloys
It has been less than a week since Alcoa ( AA ) showcased its next-generation aluminium alloy at the Paris Air Show. And the aerospace industry seems to agree that these new alloys hold plenty of promise. Airbus decided to sign a multi-year contract worth $1 billion with the aluminium industry...
Aluminum Panels Set To Take On Pollution As 'Smog Eaters'
In the witch's brew of gases and particles that make up smog in most cities, nitrogen oxides are a plentiful ingredient. The pollutants also help create ground-level ozone, a nasty irritant for lungs, and bothersome fine particles. The family of chemicals, called NOx in shorthand, can inflame...
Aluminium industry urged to focus on renewable energy
The environment group Friends of the Earth says the aluminium industry should commit to adopting more renewable energy rather than attacking the proposed carbon tax. The Australian Aluminium Council says production may be forced offshore if the carbon tax does not include compensation for the...
Aluminium industry urged to focus on renewable energy
The environment group Friends of the Earth says the aluminium industry should commit to adopting more renewable energy rather than attacking the proposed carbon tax. The Australian Aluminium Council says production may be forced offshore if the carbon tax does not include compensation for the...
Alcoa Workers Welcome President With Pride
It was a proud day for the Quad Cities and especially for those who work at the Alcoa plant in Riverdale, Iowa. President Barack Obama shined the spotlight on what workers have accomplished during a visit to the plant Tuesday. He even thanked them for providing the aluminum in the wings of Air...
Alcoa Workers Welcome President With Pride
It was a proud day for the Quad Cities and especially for those who work at the Alcoa plant in Riverdale, Iowa. President Barack Obama shined the spotlight on what workers have accomplished during a visit to the plant Tuesday. He even thanked them for providing the aluminum in the wings of Air...
Rio Alcan plant in Saguenay to get $3-million investmentLongest Drop in Six Years
Rio Alcan sees growing demand for its new lightweight aluminum-lithium alloy to be used in the Bombardier CSeries airliner and the much larger Airbus XWB. The company said its Dubuc Works in the Saguenay will get a $3-million investment to boost capacity of the alloy by 50 per cent. About 50 new...
Aluminum Stockpiles Have Longest Drop in Six Years Led by Asia
Aluminum inventories extended their longest decline to six years led by removals in Asia. Aluminum inventories in warehouses monitored by the London Metal Exchange fell 10,000 metric tons, or 0.2 percent, to 4.52 million tons, the lowest since Jan. 31. That was the 24th consecutive drop, the...
Alcoa Wins $1 Billion Contract
Alcoa Inc. (AA) the largest U.S. aluminum producer was awarded a $1 billion multiyear supply agreement with aerospace firm Airbus for aluminum sheet and plate products. As per the agreement, Alcoa’s products will be used in nearly all Airbus commercial aircraft programs including the fuselage...
