Alcoa’s 16kg aluminium wheel could change fleet efficiency equation
A truck’s overall weight comes from dozens of components, including the engine, chassis, tyres, etc. Wheels are one area where fleets can explore lightweighting. Traditional steel wheels, widely used across the transport industry, are known for their robustness. Forged Alcoa aluminium wheels offer...
Alcoa files SEC registration for $5.6b South32 alumina, aluminium and bauxite asset deal
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...
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AWAC to pursue sale of its stake in Jamalco
Alcoa World Alumina & Chemicals Signs Letter of Intent to Pursue Sale of its Stake in Jamalco Alcoa confirms that it has signed a non-binding Letter of Intent with Noble Resources UK Limited to pursue a sale of its ownership stake in Alcoa Minerals of Jamaica, L.L.C (AMJ), which operates the...
Israeli-Canadian aluminium-air battery goes 1000 miles
A new “aluminum-air” battery developed by Israel-based Phinergy and Alcoa Canada can more than triple the distance electric cars can travel. The battery, shown to the public in Montreal this week, is made of panels that are mostly made of aluminum. By using the new battery on an "ordinary car"...
Alcoa evaluating its Suriname bauxite operations
ALUMINIUM producer Alcoa says it is reviewing options for its Suriname bauxite subsidiary two days after the country's leader said the multinational was preparing to slash local operations. In a Thursday email, company spokeswoman Monica Orbe said Alcoa is working with the South American nation "to...
Alcoa to go for production cut, layoffs in the bauxite sector of Suriname
Desi Bouterse, the President of Suriname says Aluminum Company of America, (ALCOA) has plans of cutting down their production at Suralco that would result in lay off 1,000 workers which includes 800 contractors. Bouterse told Parliament that the issue is of "a national matter of concern for which a...
Alcoa & Phinergy to develop aluminum-air EV battery
Alcoa Ltd. and Israeli firm Phinergy are working together to commercialize an aluminum-air battery they claim can extend the range of an electric vehicle by about 1,600 kilometres. According to Alcoa and the electric vehicle battery maker, they are collaborating on new materials, processes and...
Alcoa Expands in Indiana to capture growing aerospace demand for advanced jet engine parts
Leading aerospace manufacturer Alcoa (NYSE: AA) today broke ground on its state-of-the-art, $100 million aerospace expansion in La Porte, Indiana where it will produce nickel-based superalloy jet engine parts. The new 320,000-square-foot facility will expand Alcoa’s reach from structural engine...
U.S. seeks to fund Alcoa's bet on automotive aluminum
The U.S. Department of Energy has proposed lending money to Alcoa Inc. to expand aluminum production at a Tennessee factory, setting the stage for the first loan to a supplier under a dormant $25 billion fund. The loan would help the largest U.S. aluminum producer expand a 100-year-old factory in...
Alcoa reports safest, most environmentally efficient year on record; delivers breakthrough sustainability innovations
Achievements Highlighted in Newly Released 2013 Sustainability Report 2013 Sustainability Report Highlights • Safest year on record, with 30 percent reduction in workplace injury rate • Reduced greenhouse gas emissions intensity by 25.5 percent from the 2005 baseline, and lowered absolute emissions...
Alcoa Chairman and CEO Klaus Kleinfeld named Platts CEO of the year as company transformation accelerates
Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld was named CEO of the Year at the 2014 Platts Global Metals Awards ceremony held today in London. The recognition caps off a transformational year for Alcoa, as it pivots from a commodity-centric focus to become a diversified lightweight...
Primary aluminium’s global demand expected to be up by 7pct in the year 2014 – Alcoa
Primary aluminium’s global demand is expected to rise by 7% in the year 2014 as a result of the huge growth in China, said an Alcoa senior executive. Timothy Reyes, Alcoa material management’s president, said in a conference the company was expecting the demand for Chinese primary aluminium to rise...
Alcoa and union at U.S. plants still remain divided in their key decisions
Negotiations with the unionized workers at 10 U.S plants and Alcoa Inc. did not reach a conclusion as there were many divided opinions regarding wages as well as increase in healthcare premiums. The union said this before a day of the expiry of the labor contract. According to sources, 4 local...
Alcoa to supply aluminum to spirit AeroSystems
Alcoa officials have signed a long-term agreement to supply aluminum sheet to Spirit AeroSystems Inc., Wichita, Kan., in a contract valued at approximately $290 million over five years. On April 8, 2014, Alcoa increased its 2014 global aerospace growth expectation by one percentage point to 8% to...
Hints of aluminum body Jeep Wrangler good news for Alcoa
With Chrysler's CEO indicating the company may be looking aluminum to shed weight from its Jeep Wrangler, analysts say its good news for Alcoa Inc. Speaking to reporters after an event, Fiat Chrysler CEO Sergio Marchionne told Automotive News Chrysler is watching the rollout of Ford's...
Alcoa announces $10 million funding for Geelong and Yennora
Alcoa today confirmed a $10 million contribution to the Geelong and Yennora communities to help stimulate new jobs and fund training programs in the regions. Alcoa today confirmed a $10 million contribution to the Geelong and Yennora communities to help stimulate new jobs and fund training programs...
Alcoa Executive VP William F. Oplinger to Present at 31st Annual Global Metals, Mining and Steel Conference
Alcoa announced today that Alcoa Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 31st annual Bank of America Merrill Lynch Global Metals, Mining and Steel Conference being held May 13-15 in Miami Beach, Florida. Oplinger will speak at 3:30 p.m. EDT on...
University of Western Australia, & Alcoa of Australia join hands to do research on transforming bauxite residue into healthy soils
The research found that adding a combination of green waste compost and fertiliser to the bauxite residue sand improves its rehabilitation potential and its capacity to support plants Researchers from The University of Western Australia, working with Alcoa of Australia, are breaking new ground on...
Alcoa board approves quarterly dividends
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable May 27, 2014 to shareholders of record at the close of business on May 12, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July...
Alcoa signs long-term supply agreement with Spirit AeroSystems for aluminum sheet
Alcoa, the global leader in aerospace sheet and plate products, today announced it has signed a long-term agreement to supply aluminum sheet to Spirit AeroSystems, Inc. in a contract valued at approximately $290 million over five years. On April 8, Alcoa increased its 2014 global aerospace growth...
