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 largest state of Australia, West Australia's water authority, announced that they would curtail mining giant Alcoa's water licence by a third due to unsustainable water demands in the region. Simone McGurk, the WA Water Minister, claimed that a 23 per cent drop in rainfall had led to...
The Brazilian aluminium industry is anticipated to depend less on imports and emphasise domestically produced metal in 2023 due to the demand for aluminium and the plans for significant extensive production capacity. Domestic producers were already raising premiums for deliveries in the first...
The American aluminium major Alcoa has cancelled its plan to stretch bauxite mining in Australia's Northern Jarrah Forest to export unprocessed ore. Consequently, it will conserve its output for its three West Australian alumina refineries. Alcoa's mines in Western Australia produce approximately...
Alcoa has informed its US investors that delaying approvals to elongate its bauxite mining in Western Australia (WA) will cost approximately $240 million in 2023. Nonetheless, stricter environmental standards would help maintain community support, allowing it to continue mining South West forests...
The primary aluminium sector has witnessed progressive initiatives this week, with Aluminium Bahrain B.S.C. (Alba) hosting a drive to commission the Forced Cooling Network (F.C.N.) Project at Potlines 4 and 5, allowing the first aluminium smelter in the Middle East to augment production capacity by...
On Wednesday, January 18, Alcoa Corporation announced its fourth quarter and full-year 2022 results, reporting a strong balance sheet. The organization worked hard to combat challenging market conditions throughout the year, like volatile alumina and aluminium prices and energy supply shortage. In...
This week the primary aluminium sector has marked various shortcomings, with Slovalco closing the only aluminium smelter in Slovakia after 70 years of successful operation. The rising energy crisis in Europe and the impending effects of the Russia-Ukraine crisis have started showing their shades...
The Saudi Arabia state-owned mining company headquartered in Riyadh, Ma'aden, announced on Wednesday that due to operational issues, the company had curtailed output at the aluminium smelter it jointly owns with Alcoa Corp., but the firm is currently scaling output back up. According to Robert...
In the midst of a potential demand-supply scenario across the primary aluminium sector, given the rising investments towards reducing the carbon footprint at production, there were some key developments in global primary aluminium projects in 2022. While some projects were for developing clean...
On December 10, 2023, the global industry leader with a vision to reinvent the aluminium industry for a sustainable future, Alcoa Corporation, announced a restructuring of its 'Executive Leadership Team' to further improve the Company's rigorous focus on operational excellence, cost, and...
Alcoa Corporation, the world’s eighth-largest aluminium producer, announced on Monday, January 9, that it expects to cut nearly 30 per cent of production at its partially-owned Kwinana alumina refinery in Western Australia. Shortage of gas supplies is the reason behind the production cut, explained...
Chevron has requested two more days to take care of the technical problems leading to a drastic breakdown at its Wheatstone domestic gas plant. This can be regarded as the third West Australian (WA) gas plant breakdown during the whole summer. All this turmoil has prompted Alcoa to ignite diesel...
Aluminium Bahrain B.S.C. (Alba), the first aluminium smelter in the Middle East, which opened its doors in 1971, announced on January 3, 2023, that it had achieved a new historic production record of 1,600,111 tonnes in 2022, an increase of 38,889 tonnes from 1,561,222 tonnes in 2021 (+2.5%...
On 22 December, news came floating that Alcoa’s Portland Aluminium smelter has resumed production with an annual capacity of 35,000 metric tonnes. The production had been reduced up until now in the Victoria-based Australian aluminium smelter. As soon as the reboot was successful, Portland...
The global primary aluminium industry is moving towards a more sustainable and greener environment. To begin with, EU signed the world's first carbon tariff agreement. According to the sources, the carbon border adjustment mechanism (CBAM) will protect the European industry against importing less...
A New York private equity group, a union, the state government, and the Bonneville Power Administration (BPA) has been working to reopen Alcoa Intalco Works, the aluminium smelting facility in Ferndale and rehire 700 of its former employees, for more than a year. However, the effort to restart the...
The advent of the Paris Agreement in 2015 made it very clear to the energy-intensive industries of the world that it was high time to curb their carbon emissions. Factories and refineries were warned about the severe effects of carbon earlier, but with this agreement, the entire world came to...
The global industry leader in bauxite, alumina and aluminium products, Alcoa Corporation, with a vision to reinvent the aluminium industry for a sustainable future, has been recognized as a leader for environmental, social, and governance (ESG) performance with its most recent inclusion in the S&P...
