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 announced second quarter 2020. The company reported improved productivity and continued operational stability during the COVID-19 pandemic. Alcoa said all of its global operations have maintained production without interruption. Alcoa’s overall third-party aluminium shipment...
Alcoa has affirmed to take its fight with the Australian Taxation Office to the Supreme Court. The behemoth organization stated clearly that it does not feel bound by BHP's decision to settle a transfer pricing dispute in 2018. The ATO strengthened its investigation into Alcoa's sales of Australian...
Alcoa Corporation, on Wednesday, July 8, released preliminary second-quarter results of 2020, which indicated that even amidst the COVID-19 pandemic, the company’s cash balance showed positive sentiment along with increased productivity and steadily growing operations. The cash balance is estimated...
Alumina Ltd in Australia stated that its joint venture with aluminium giant Alcoa has been evaluated $212 million in previous taxes over alumina sales to the aluminium smelter in Bahrain, known as ALBA. The Australian Taxation Office (ATO) has also highlighted that the compound interest on the tax...
Alcoa Warrick operations has passed 60-year milestone, undergoing a series of constant growth and evolution. Facilities have been added and modified over the years, while thousands of employees have come and gone. Three generations, going on four, have benefitted from Warrick operations’ presence...
Since the time Alcoa declared its decision to not renew a long-standing lime supply contract with Adbri-owned Cockburn Cement, Adbri started seeing a plunge in its shares. According to the report, the company’s share price closed 25 per cent lower on Friday at $2.35. Alcoa’s decision is believed to...
Alcoa of Australia Limited (Alcoa) decided to terminate its current lime supply contract with Adbri Limited. Adbri Limited announced that its subsidiary, Cockburn Cement Limited, has been informed by Alcoa that it would not renew its agreement. Lime is a strategic material needed for alumina...
According to a recent report, Alcoa has come up with its 2021 recruitment campaign for apprentices despite the COVID-19 crisis and weak economy. The company says that it plans to recruit 24 apprentices, who will join 101 other apprentices in Western Australia alumina refineries in January 2021. The...
China Association of Automobile Manufacturers (CAAM) has reportedly revised its estimate for China’s auto sales in 2020. From the previous estimate of a decline of 15-25 per cent, the association shows a sign of improvement expecting the sales to drop by 10-20 per cent, in line with China’s economy...
According to a recent report, Valmec has completed the upgradation work on Australian Gas Infrastructures Group’s (AGIG) Alcoa Pinjarra Meter Stations, which supplies gas to Alcoa’s Pinjarra Alumina Refinery in Western Australia. Alcoa Pinjarra Refinery refines 4.2 million tonnes of alumina per...
On 17 th June’20, Alcoa Corporation, a global leader in bauxite, alumina and Aluminum made public that from 25 th June’20, it plans to begin the formal process for the collective dismissal of employees at its San Ciprián aluminium facility in Spain. On 28 th May ’20, Alcoa set forth an informal...
Worley has declared that it has secured a three-year services contract with Alcoa for its Australian operations consolidated in mining, refining and smelting operations. As per the contract, Worley will provide engineering and project delivery services for Alcoa’s site‐based sustaining capital...
The COVID-19 pandemic has slowed down the restart of the Bécancour Smelter. However, 90% is complete now and more than 200 people have been hired since January’20. Nicole Coutu, General Manager, who also became CEO of Alcoa Canada, admitted that the markets are very difficult. On 11 th June’20,...
Alcoa Corporation initiated the worker's lay-off diligently at its Smelter in Ferndale, Washington post they received an offer of assistance from the state governor. This is also a nod to end the production of the plant. On 4 th June’20, Alcoa began to pass out pink slips on to many of the plant’s...
On 28 th May’20, the aluminium producer, Alcoa announced that it is considering to lay-off 534 workers San Ciprian aluminium plant in the Spanish region of Galicia. However, a final decision is yet to be made. The high energy costs and low aluminium prices led to persistent losses and left the...
According to a recent report, Alcoa Corporation has appointed Ms. Nicole Coutu as President of Alcoa Canada. The key job role of Ms. Coutu in Alcoa Canada will be the principal liaison for government and institutional relations for the company, on behalf of the Deschambault, Bécancour and...
The US senators Patty Murray and Maria Cantwell and Representative Suzan Delbene and Rick Larsen have forwarded a letter to President Donald Trump, marking out the administrative failure towards competently addressing Chinese aluminium excess capacity and seek it to emphasize resolving this issue....
Pinjarra Alumina Refinery of Alcoa has reportedly opened funding applications for the next round of its Community Partnership program. Applications are open to non-profit organisations within the Shire of Murray and City of Mandurah. Applications are for getting responses from community...
