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 made a record third-party shipment of 12 million-plus dry metric tonnes of bauxite during the third quarter of 2020 ended on September 30, backed on robust production year to date at Alcoa’s Huntly and Willowdale bauxite mines. Boosted by this result, Alcoa’s bauxite shipments are...
Alcoa Corporation reported results for the third quarter 2020 results. The company sets new production records for Alcoa-operated bauxite mines and the Alumina segment. In Alumina, Alcoa’s third-party shipments rose approximately 6 percent sequentially, primarily due to the timing of shipments and...
Alcoa announced it will curtail its San Ciprián aluminum smelter in Spain. The company will also initiate a collective dismissal that will impact about 530 employees. The alumina refinery at San Ciprián will continue to operate. The curtailment is expected to be completed in the first quarter of...
Alcoa announced that the formal consultation process for San Ciprián aluminum plant in Spain ended without an agreement with the workers’ representatives. The company now have up to 15 days to announce a decision regarding the smelter’s 228,000 tonnes of annual capacity. In August, Alcoa reached an...
Chevron, the American multinational energy corporation has signed an agreement to supply a supplementary 37PJ (962mn m³) of gas sourced from the three LNG projects located offshore Western Australia (WA) to Alcoa's alumina refineries in the southwest part of the state, adding to an existing...
Alcoa, the global leader in bauxite, alumina, and aluminium products on 23 rd September’20, announced the diversification of its Sustana™ product line with the inclusion of EcoSource™, the industry’s first low-carbon smelter-grade alumina brand. EcoSource is produced with no more than 0.6 tonnes of...
"Honestly, we knew from the start that it was invalid", reacts the President of the National Union of Aluminum Employees of Baie-Comeau, Michel Desbiens, following the decision of the United States to finally withdraw the imposition of tariffs on Canadian aluminium exports. Michel Desbiens said:...
GFG Alliance is committed to aid Alcoa’s troubled San Ciprián aluminium smelter in northwest Spain and is confident to find a solution for the smelter’s long-term sustainability if sources of power and alumina are guaranteed, said Jay Hambro, GFG’s Chief Investment Officer. In early August, GFG...
Alcoa Intalco Works aluminium smelter curtailment has been concluded according to workers, many of which were laid off in the process. The Pittsburgh-headquartered Alcoa Corporation declared the planned curtailment and layoffs in April’20 specifying declining market conditions and at that...
Alcoa Corporation’s Executive Vice President and Chief Financial Officer William F. Oplinger will participate in two separate investor conferences. Oplinger will participate Credit Suisse 33rd Annual Basic Materials Conference in a virtual question and answer session on Tuesday, September 15, 2020,...
FYI Resources has reportedly signed a memorandum of understanding (MoU) with Alcoa of Australia to advance the development of high purity alumina (HPA) refining technologies. FYI has already started developing a process for producing high-quality HPA in the face of a limited supply of the product....
When the world is expecting a vaccine to combat the COVID-19 pandemic, Alumar continues to work towards ensuring of health and safety of its employees, suppliers and the community. With its resources or through its consortium members, Alcoa, South 32 and Rio Tinto, the Alumar Consortium has already...
Alcoa has reached an agreement with the workers’ representatives for the San Ciprián aluminum plant in Spain to extend the deadline of the formal consultation period for collective dismissal to September 28, 2020. The company said the agreement is endorsed by the national and regional governments...
The British metal tycoon, Sanjeev Gupta owned Liberty House Group, part of GFG Alliance, has hinted their interest in acquiring Alcoa’s San Ciprián aluminium smelter in Spain, as per Industry sources. Alcoa has already declared an informal process with the workers’ representatives to discuss...
The last meeting of the formal consultation period for collective dismissal at the Alcoa’s San Ciprián aluminium plant in Spain ended on 4 th August’20, without an agreement with the workers’ representatives. As per the Spanish regulations, Alcoa has up to 15 days as grace period from the end of...
Alcoa Intalco Works, an aluminium smelter located in Ferndale, North America, is reportedly conducting its final round of layoffs this week; whereby, 700 employees are going to lose their jobs. The plant has been one of the main industries in Ferndale for over 50 years. “We produce all the primary...
Alcoa Corporation has announced today, July 22, that it has reached an agreement with Gränges AB to supply its low-carbon aluminium rolling slab ECOLUM™ to help the company achieve the goal of cutting carbon emissions across supply chain. ECOLUM™ is part of Alcoa’s SUSTANA™ line of low-carbon...
Alcoa Corporation reported improved productivity in Q2 and continued operational stability during the COVID-19 pandemic. For Q3, the company expects slightly lower quarterly results in the Bauxite segment primarily due to lower volume. Alcoa expects lower quarterly results in the Alumina segment...
