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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On September 13, Alcoa declared that it is currently developing new aluminium alloys, named A210 ExtruStrongTM and C611 EZCastTM, to further optimise its supply division and establish itself as a successful American alloy provider. Among the two latest discoveries, the company has introduced a new...
On Thursday, September 8, Alcoa Corporation announced it received certification from the Aluminium Stewardship Initiative (ASI) for its remaining Poços de Caldas operation in Brazil. Now, all of Alcoa’s Brazil operations are ASI-certified, bringing the total number of the company’s ASI Performance...
This week, the primary aluminium industry has been in the news for multiple reasons. To begin with, China, the largest user of primary aluminium raw materials worldwide, expressed concern about the likelihood of a global recession and economic stagnation and warned of the prospect of reduced market...
The downstream sector has seen major advancements this week with Sistem Teknik installing a homogenising furnace at the former Alcoa smelter at Portoscuso, Italy which is presently owned by Sider Alloy Italia. This will enhance the billet forging process due to the incorporated electric heater...
Alcoa’s old smelting unit, situated at Portoscuso, Italy, is to be rejuvenated by the efforts of Sider Alloy Italia with a considerable amount of investment. The company’s agreement with Sistem Teknik, a leading maker of industrial furnaces for more than four decades, has resulted in the delivery...
Alcoa has decided to decrease one-third production capacity of the Lista aluminium smelter in Norway because of the aggravating energy prices in Europe and also for the heightened operational costs of the particular site. The Lista smelter houses three potlines with an annual net yield of 94,000...
Alcoa Intalco aluminum smelter sees a silver lining once again to restart its operation, as the climate and health care bill has been passed by Congress and signed by President Joe Biden with provisions that could help the resumption of the smelter’s operation. Already the reopening campaign for...
Despite several meetings with Industri Energi and Norsk Industri, the collective agreement between the two companies to secure a new labour deal failed, due to which some employees at Alcoa's Mosjøen aluminium smelter in Norway went on strike on Monday, August 22. However, Alcoa's Lista plant in...
On Wednesday, July 20, Alcoa Corporation reported an 11 per cent quarter-on-quarter increase in revenue to $3.644 million in its second quarter financial and operational results ended June 30, 2022. In Q1 2022, Alcoa’s revenue was $3.293 million, while in Q1 2021 was $2.833 million. Thus, on a...
Due to the unique features of aluminium, like lightweight, recyclable, corrosion resistance, and high strength, the metal is considered one of the top choices for the manufacturing industry professionals. In addition to this, aluminium is a metal which is constantly under the experimental radar....
The Alcoa-owned Portland Aluminium smelter, Australia's second-largest aluminium producer, is in talks with Aloft Holdings, a Dutch company run by an Australian investment banker. According to our report, people familiar with the situation stated, that Aloft Holdings which was floated in November...
On 1 st July 2022, the Pittsburgh-headquartered American Industrial Corporation due to operational challenges at Warrick aluminium smelter, Alcoa announced it is curtailing one of three potlines immediately. There are three smelting lines at Warrick, each capable of producing approximately 54,000...
This week the global primary aluminium segment had been quite an eventful one. If on one hand, the market segment witnessed significant growth in primary aluminium production in regions like Africa and North America, then on the other hand, the need to shift towards a more sustainable and clean...
With the growing concern about a clean and green environment, industry titans like Alcoa, a US aluminium company, and Dofasco, a Canadian steel company, are working to move closer to a green environment. However, due to energy and technological barriers, the task is getting more difficult. Talking...
The international energy, real estate and transport law firm, Watson Farley & Williams (“WFW”) has advocated Greenalia on the negotiation and execution of a long-term power purchase agreement (“PPA”) to supply up to 183 MW of baseload wind energy to Alcoa’s San Ciprián aluminium smelter in Spain....
According to our report from Europe, the Spain-based works council of Alcoa Corp’s San Ciprian aluminium smelter is pressing the government body to lessen the duration of the permission procedure for new wind energy projects that generate the fodder for the power-consuming facilities. After years...
Hellenic Cables S.A., one of Europe's major cable makers with a significant presence in renewable energy transmission and distribution, received low-carbon EcoLum™ aluminium from Alcoa Corporation. The EcoLum brand is part of Alcoa's Sustana™ family of low-carbon goods and has a carbon footprint of...
At Alcoa, we are working on our vision to reinvent the aluminium industry. In some cases, that means transformative innovation that will fundamentally change the way we produce aluminium in the future. In other cases, it means important upgrades that can help advance sustainably today – the most...
