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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The exclusion of aluminium from the strategic raw material list put down by the European Commission has raised fundamental questions about the long-term future of the primary sector. Anna-Michelle Asimakopoulou, the vice-chair of the European Parliament's International Trade Committee (INTA),...
Alcoa Corporation, the world’s eighth largest producer of aluminium, announced the first quarter 2023 results, reporting steady revenue earning at $2,670 million compared to $2,663 million in the previous quarter, attributed to the 8 per cent increase in average-realized third-party alumina price...
According to an S&P Global Commodity Insights report on Wednesday, April 26, Alcoa has withdrawn the force majeure for its Western Australian alumina business. The news came after Alcoa spokesperson confirmed the matter. But before that, there was hearsay in the market regarding the force majeure...
Workers organised in Industri Energi and FLT at Hydro Karmøy and Hydro Årdal had gone on strike after the collapse of mediation between NHO, YS, and LO. Alcoa Corporation, the world's eighth-largest aluminium manufacturer, said falling metal-making material prices would eventually reduce production...
Alcoa Corporation, the world’s eighth-largest producer of aluminium, said lower prices of ingredients they use for metal-making would eventually reduce the production costs in the second quarter of 2023, while aluminium demand would stay robust. Favourable raw materials, substantial output volume,...
Alcoa Australia is determined to transform its 60-year-old operation in the Peel region to make it more environment-friendly. So, the company has decided to conduct a full environmental review of one of its alumina refineries and ecotourism upgrades. Alcoa vice-president operations Australia, Rob...
On April 4, 2023, Alcoa announced expanding the Company’s low-carbon alumina brand EcoSource™ to include specific grades of non-metallurgical alumina now. EcoSource is the world's first and only low-carbon alumina brand, first launched in 2020 for smelter-grade applications (SGA). It is now...
On March 31, 2023, Alcoa Corporation announced that its engineering crews are repairing Alumar's two-belt system that conveys raw materials from the pier. On March 25, 2023, the conveyance system—which transports bauxite, coal, coke, and pitch—broke down, blocking the offloading of supplies. The...
This week, the primary aluminium sector has witnessed major impending issues, like the Slovenian aluminium producer Talum’s closed operations, directly affecting the jobs and livelihood of 189 workers. While on the other side, we see €1.2 million from the European Globalisation Adjustment Fund for...
The US-based aluminium giant Alcoa announced it would close down its Intalco aluminium smelter after five decades of operations. With the closure announcement, the company begins preparing the site for new economic development opportunities. Roy Harvey, the President and CEO of Alcoa, said, “The...
Alcoa Corporation 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 per cent of the site’s total consolidated...
US-based Alcoa, the biggest employer in Portland, has raised awareness of the prevailing workers' strike at its aluminium smelter and has warned that it might cause irreparable consequences to the "broader community" in the area. Alcoa's Portland Aluminium has 535 working professionals under its...
In Western Australia, Alcoa will reduce alumina production for two years before the state government permits them to expand bauxite mining at jarrah forests close to Perth's largest drinking water dam. Mike Ferraro, the CEO of Alumina Limited, said, "Once Alcoa could mine the Myara North area, the...
On February 21, 2022, Alcoa announced that its subsidiary Alcoa of Australia Limited (AoA) had terminated a collaborative development project with FYI Resources Ltd for high-purity alumina (HPA). The global leader in the aluminium sector with a vision to reinvent the industry for a sustainable...
After a feasibility study approved its potential outcomes, USA-based aluminium giant Alcoa is about to set up a steam recycling technology or MVR module focused on reducing emissions. As early as 2021, Australian Renewable Energy Agency (ARENA) allotted $11.3 million to run a feasibility study...
SIG has announced that from now on, it will only utilise ASI-certified aluminium to make its flagship packaging solutions eradicating production-based carbon emissions and acquiring extreme transparency within its supply chain. The company has emphasised using 100% ASI-certified aluminium to create...
The global industry leader in aluminium, alumina and bauxite, Alcoa Corporation, announced that most of the workers at its San Ciprián complex in Spain had consented an upgraded plan to reactivate the aluminium smelter in 2024. Alcoa announced a two-year hiatus in December 2021 to focus on...
Sustainability means addressing current needs without jeopardizing future generations' ability to meet their own. Sustainability has progressively moved up the corporate agenda in recent years, and it is now a major strategic goal for many companies. The aluminium industry is not an exception. As...
