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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Alcoa Corporation will deliver sustainable, low-carbon aluminium for the wheels on the e-tron GT, Audi’s first electric sports car. The company will supply metal to RONAL GROUP for the manufacture of the Audi e-tron GT’s high-performance alloy wheels, produced with a combination of metal from the...
Alcoa Corporation signed new agreements with AGL, Alinta Energy and Origin for power supply to its Portland Aluminium Smelter in the Australian state of Victoria. The five-year contracts will commence on August 1, 2021, after its existing agreement with AGL expires on July 31, 2021. “The Australian...
The mine safety regulator of Western Australia is investigating the leakage of seven million litres of potentially toxic material gushed from a tank at Alcoa’s alumina refinery this week. On 9 th March 2021, the incident took place at the American industrial giant’s alumina refinery in Wagerup, 120...
The two largest and popular trade unions of Spain, the Podemos-affiliated Workers’ Commissions (CCOO) and Socialist Party (PSOE)-affiliated General Union of Workers (UGT) have withdrawn the four-month strike at Alcoa’s San Cibrao aluminium plant in Spain’s North-eastern region of Galicia. The...
AlCircle believes to stay at top of the mind of the global aluminium value chain industry, starting from publishing daily news update of the industry to various industrial reports on trending topics and publishing e-Magazines on time to time basis on global issues related to the industry. After the...
Rosa M. Piñeiro García is Global Sustainability Vice-president for Alcoa and President of the Alcoa Foundation. Previously, she served as President of Alcoa Spain. During her 21 years in the company, she also served as Director of Regional Affairs and Sustainability for Europe and as Director...
Alcoa Corporation revealed a full-year revenue of US$ 9,286 million for 2020 and US$ 2,392 million for the fourth quarter of the year. The full-year revenue stood down by 11 per cent year-on-year, while the fourth quarter revenue stood almost flat quarter-on-quarter. As a consequence, adjusted net...
K2fly, a software company headquartered in Perth, Western Australia, servicing the mining and other allied industries have signed a five-year contract for its RCubed Resource Inventory solution with Alcoa USA, one of the world’s largest bauxite miners with mines in Australia, Brazil, Guinea and...
On Wednesday, January 20, Alcoa Corporation, the world’s eighth-largest aluminium producer, reported the fourth quarter and full-year results of 2020 that reflect strong operational performance. In Q4 2020, the company produced 12.2 million dry metric tonnes of bauxite compared to 12 million dry...
The first half of 2020 experienced a steady drop in primary aluminium prices worsened by falling demand for the metal due to the COVID19 pandemic. Slowdown in global economy caused by the unprecedented crisis touched upon almost all the industrial sectors, including automobile, construction, and...
Alcoa Corporation will stop its curtailment plans for its San Ciprián aluminium smelter in Spain while after High Court of Justice of Galicia declared the collective dismissal process “null and void.” In October, the company announced it will cut the smelter’s 228,000 tons of annual capacity and...
The Canadian Technology company, ELYSIS, that has been delivering disruptive innovation for aluminium smelting is now a step closer towards commercialization of a process to produce carbon-free aluminium and it has reached another significant milestone with the accomplishment of construction of the...
The Government of Australia will step in as shield for Alcoa’s struggling Portland Aluminium smelter in Victoria to relieve pressure on the power grid, as reported by two ministers on December 14. The government has decided to underwrite up to A$76.8 million ($57.94 million) in revenue earned by...
Aluminium Stewardship Initiative has certified Alcoa’s three facilities in San Ciprián (Spain), Fjardaál (Iceland), and Lista (Norway) with its Performance Standard Certification. The facilities' activities include alumina refining, aluminium smelting, producing aluminium sows, ingots, and T-bars,...
Alcoa Corporation has entered into agreement to sell Alcoa Warrick LLC, covering rolling mill business for total amount of approximately $670 million. The transaction is likely to close by the end of the first quarter of 2021, subject to regulatory approval and customary closing conditions. “The...
The struggling Portland Aluminium smelter in Victoria should have its future revealed within months, as its largest stakeholder Alcoa articulated a desire towards investment, only if affordable power could be secured. Since 2019, the chances for the Portland smelter have looked gloomy, as during...
Alcoa has been named in the 2020 Dow Jones Sustainability Indices. The company is in the materials category of the North American index. “This designation continues to validate the important work we do to embed sustainability across our entire business and all of our operations, from responsibly...
On Friday, November 13, Alcoa Corporation announced that the company’s Executive Vice President and Chief Financial Officer, William F. Oplinger, would participate in Global Metals & Mining Conference to be hold by Goldman Sachs virtually on Thursday, November 19 at 9:00 am EST. The session will be...
