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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“As the bushfire crisis continues across Australia, our thoughts are with all those impacted” – Alcoa. Alcoa Corporation is the world's eighth-largest producer of aluminium, has expressed their sincere admiration and gratitude to all involved in fire fighting and recovery efforts, including...
The global leader in bauxite, alumina and aluminium products Alcoa Corporation has agreed to sell its Gum Springs, Arkansas waste treatment facility in a $250 million transaction to Veolia ES Technical Solutions (VTS) in the first quarter of 2020. As per the terms of the agreement between the...
Alcoa Corporation will permanently close its Point Comfort alumina refinery in Texas, which has been idled since 2016. The refinery, which had 2.3 million tonnes of annual alumina capacity, is a part of Alcoa World Alumina and Chemicals (AWAC), a group of companies owned 60 percent by Alcoa and 40...
Liberty House Chairman Sanjeev Gupta is reportedly considering buying the Portland aluminium smelter in Victoria, in an attempt to save the Australian facility from likely closure. The fate of one of Alcoa’s worst-performing smelters has been under a cloud for months, as the high cost of...
Alcoa of Australia has reportedly handed over major multi-disciplinary services contract worth $90 million to SRG Global. The scope of services includes heavy mechanical and electrical maintenance, specialist rope access and scaffold services at Alcoa’s alumina refinery in Kwinana, Western...
According to Reuters report, Apple Inc has purchased the first carbon-free aluminium from a joint venture of Alcoa Corporation and Rio Tinto. The carbon-free aluminium was produced at the Alcoa Technical Center in Pittsburgh. Apple will take the delivery of the first batch of aluminium this month....
Alcoa Corporation, a global leader in bauxite, alumina and aluminum, today announced that it has been accepted as a member of the International Council on Mining and Metals (ICMM), an organization focused on enhancing the industry’s contribution to society with safe, fair and sustainable practices....
Alcoa continued to project a global aluminium deficit ranging between 800 thousand and 1.2 million tonnes in comparison to 1.0 million and 1.4 million tonnes projected in Q2 2019. The company lowered its global aluminium demand growth projection for 2019 to a range of -0.6 percent to 0.4 percent...
Alcoa Corporation has announced its third quarter 2019 results. The company has reported a net loss of $221 million in Q3 2019 compared with a net loss of $402 million in Q2 2019. Excluding the impact of special items, third quarter 2019 adjusted net loss stands at $82 million, from adjusted net...
The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) was at an annual rate of 3,936,695 tonnes during September 2019, declining -0.3% from the August 2019 rate of 3,949,088 tonnes. The production...
A number of aluminium companies and steelmakers along with other suppliers recently filed separate complaints against four largest railroad companies in the United States. They alleged that the railroad companies in the United States conspired to raise prices and overcharge customers billions of...
Guinea has been facing a number of socio-political issues related to bauxite mining as the bauxite industry gets embroiled between the contradictory needs of economic development and environmental and land related concerns of the communities affected by bauxite mining. The west-African country has...
Alcoa Corporation’s Baie-Comeau aluminium smelter in Québec, Canada has been certified against the Aluminium Stewardship Initiative’s (ASI) Performance Standard for responsible production, sourcing and stewardship of aluminium. The smelter has an annual output of approximately 280,000 tonnes of...
According to a recent report, Alcoa Corporation is conducting VR training for its employees to train them for high-risk tasks at its alumina refineries in Western Australia. The guided training module replicates an environment of Alcoa’s refinery sub-station where the trainees are surrounded by...
Alcoa Corporation, an integrated bauxite, alumina and aluminium producer, has announced today that members of the United Steelworkers (USW) have finally ratified a new labour agreement bringing an amicable end to the long term negotiation. The new contract will cover about 1,700 active employees at...
Alcoa Corporation, a leader in bauxite, alumina, and aluminium products, is recognised by the Dow Jones Sustainability Indices (DJSI) as industry leader for aluminium in 2019. The company is included in the DJSI North America Index, which includes the top 20 percent of the largest 600 North...
The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) was at an annual rate of 3,949,088 tonnes during August 2019, declining -0.3% from the July 2019 rate of 3,959,885 tonnes. The production rate...
Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, has reportedly announced today, on September 9, that it will implement a new operating model with effect from November 1, 2019. The company said the new model would result in a leaner, more integrated, operator-centric...
