Alcoa has moved its proposed acquisition of South32's bauxite, alumina and aluminium interests forward with a US SEC filing, with the transaction carrying an implied enterprise value of up to USD 5.6 billion. Alcoa Corporation has filed a Form S-4 registration statement with the US Securities and...
The Pentagon has announced a USD 174 million financing package for the aluminium producer Alcoa to set up a gallium production facility at its Wagerup alumina refinery in Western Australia, bringing critical mineral production into the refinery’s operations. The new facility is expected to produce...
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According to a recent report, Citigroup Inc., an American multinational investment bank and financial services corporation, has bought about $160 million worth of Russian aluminium, produced at Rusal, from the London Metal Exchange. Russian-origin stocks in LME-registered warehouses have been...
On August 17, CITIC Resources announced the signing of a new electricity hedging agreement (the “2026 EHA”) with Alcoa’s Portland Aluminium smelter in Australia. This new deal will be active from 1 July 2026 till 30 June 2035, supplying almost 300 MW of electricity to Portland Aluminium smelter....
On Friday, August 18, Alcoa Corporation, the world’s eighth-largest aluminium producer, announced the renewal of the agreement with AGL Energy Limited (AGL) to source 300 megawatts of power for its Portland Aluminium Smelter in Victoria. The new agreement will be valid for nine years, effective...
Alinta Energy, an Australian energy business, has announced its plant to construct a 200MWh battery next to the Alcoa alumina plant to help stabilise the grid and supply backup power. On Thursday, Alinta said it hired Shanghai Electric Power Design Institute and Sunterra to construct the 100MW,...
Aluminium Bahrain embraced digital transformation by using Virtual Reality (VR) technology into five key areas for its internal training courses. The effort was undertaken in conjunction with Atyaf eSolutions, and the signing ceremony took place on July 12, 2023. On July 27, 2023, Vice President...
Alcoa Corporation today announced that it has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. The company’s current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa. Bacchi will lead the...
Alumina is essential for the production of primary aluminium. It is obtained from bauxite ore through the Bayer process and serves as the primary feedstock in the Hall-Héroult process , which extracts the non-ferrous metal, aluminium from its powder form. Alumina production is energy-intensive but...
In 1995, Xian Huan-Tai Technology and Development Co ., Ltd. was established after being approached by American customers to provide castings. AL CircleBiz has enlisted the company on the world’s first aluminium B2B platform to open a greater market for the Chinese dross press producer. Recognizing...
At its Juruti bauxite mine in Pará state, the Brazilian unit of US-headquartered multinational aluminium company Alcoa is quickening the switch to clean energy. The US aluminium giant hopes to begin a project to switch from fossil fuel-fired generating to grid-connected power supply shortly. The...
There were plenty of sustainable updates this week, with two international aluminium events being conducted in London on June 1, honouring ALFED EnvironmentAl Sustainability Strategy Day, and on 16-18th May, witnessing the 28th CRU World Aluminium Conference. Alumina Limited has approved Alcoa's...
Alcoa has invested R$1.3 billion in projects to replace fossil fuels at the Maranhão Aluminium Consortium (Alumar), which was formed by Alcoa Corporation, Rio Tinto, and South32, and at the Poços de Caldas facility (MG) over the last two years. However, attaining net zero carbon emissions is the...
Lafayette, Indiana, is home to the world's largest aluminium-lithium facility, Alcoa's Casting House. The plant, which cost $90 million and took two years to construct, is situated on a 170-acre, multi-building plot. According to the World Record Academy, it sets the world record for being the...
Alumina Limited has endorsed Alcoa's bauxite mining, which Premier Mark McGowan has cautioned must not jeopardise Perth's water supply. Alumina Limited chair Peter Day said that the business, which controls 40 per cent of Alcoa's Australian operations, was aware of community expectations about...
Alcoa has received recognition for its environmental, social, and governance (ESG) performance at Portland Aluminium in Victoria, Australia. Both the smelting and casthouse operations have been certified by the Aluminium Stewardship Initiative (ASI) according to their Performance Standard, which is...
Alcoa Wheels, the industry leader in aluminum wheel innovation, is set to showcase a new product at the Brisbane Truck Show - the Alcoa 22.5” x 8.25” 10-285 American Fitment wheel, ULT36x. This revolutionary product features proprietary MagnaForce alloy, which makes the ULT36x wheel 1.6kg lighter...
Alcoa and Emirates Global Aluminium (EGA) have signed one of the largest alumina supply contracts, which can help in strengthening the long-term supply relationship between the two companies. Under the new multi-year deal, Alcoa will be providing EGA with smelting quality alumina, making the former...
Storvik Group has been given many significant and central contracts by Alcoa Mosjen, the American aluminium giant Alcoa's subsidiary. The contracts are in connection with previously announced investments targeted at increasing production capacity at the Mosjen smelter. Storvik believes the contract...
Alcoa Corporation, the world's eighth largest aluminium producer, has appointed seasoned resource executive Matt Reed as Vice President Operations – Australia and President Alcoa Australia effective 6 th June 2023. Matt will be based in Perth and will be a key member of Alcoa's worldwide Operations...
