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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Alcoa buys raw materials from Ormet
Federal court records show Pittsburgh-based Alcoa Inc. will pay about $11 million to purchase 51,841 metric tons of carbon anodes from Ormet Corp., as the bankrupt company continues selling off raw materials needed to make aluminum. Judge Mary Walrath of the U.S. District Bankruptcy Court in...
Alcoa Inc.Q4 earnings preview
Alcoa Inc, one of the world’s largest aluminum producers, has had its expected 4th quarter EPS and 2014 price targets reduced on falling aluminum prices. J.P. Morgan analyst Michael F. Gambardella has been impressed with Alcoa management’s efforts to cut costs and pursue downstream growth, making...
Decision on Pt Henry smelter in March
More than 500 workers at Geelong's Point Henry aluminium smelter will find out in March whether they will keep their jobs, as Alcoa decides on the plant's future. The US global aluminium giant confirmed on Tuesday that a decision on the smelter's future would be made by the end of March. Alcoa...
Girl Scouts of the USA recycle 409,940 aluminum cans
Girl Scouts of the USA is proud to announce the results of Girl Scouts Forever Green (GSFG), its signature 100th anniversary "Take Action" project targeting waste reduction, energy conservation, and rain gardens. Alcoa Foundation provided a two-year, $1.5 million grant to expand the program...
Alcoa 2013 Earnings Preview
Alcoa (AA), the once-iconic aluminum producer, and now former Dow 30 component, is scheduled to report their calendar 4th quarter earnings after the bell on Thursday, January 9th, 2013. Consensus analyst expectations for q4 13 are for $0.05 in earnings per share (EPS) on $5.426 billion in revenue...
Diana Perreiah, President, Alcoa Building and Construction to be awarded by the manufacturing institute
The Manufacturing Institute will award Diana Perreiah, President of Alcoa Building and Construction Systems in North America, with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award. The STEP Awards recognize women who have demonstrated excellence and leadership...
Alcoa to host webcast of fourth quarter and full-year 2013 results
Alcoa will hold a conference call on Thursday, January 9 beginning at 5:00 p.m. Eastern Time to discuss fourth quarter and full-year 2013 results and business developments. The conference call will be webcast live via Alcoa's website, with presentation materials available online. The conference...
Recycling challenge raises $133,695 for local charities
The aluminum beverage can industry raised $133,695 for local charities by recycling 178,099 lbs. of cans, which equates to more than 5.7 million beverage cans, for the Can Manufacturers Institute’s (CMI) Great American Can RoundUp Industry Challenge. Ball Corporation scored first place in the...
Ford to use military-grade aluminum shielding from US army supplier for new F-150 truck
Ford will use military-grade aluminum shielding borrowed from a US army supplier to launch the new F-150 truck with a suitably butch halo, insiders claim, bringing the much anticipated aluminum-bodied vehicle to the North American International Auto Show next month. The new F-150, expected to...
Alcoa rises on ProStrength technology launch
Shares of Alcoa Inc. rose around 1% during the trading session following the launch of a proprietary surface finishing technology, ProStrength. The technology will allow consumer electronics companies to use aerospace-grade aluminum to reduce the weight and thickness and increase the sturdiness of...
"Ford to Collaborate with Alcoa on 2015 F-150 Display at Detroit "
It's one of the most highly anticipated vehicles expected to debut next year, and its significance to Ford and to the domestic auto industry in particular can't be over-stated. It's the 2015 Ford F-150. We've seen numerous prototype mules showing a strong resemblance to the Atlas Concept that was a...
Alcoa Finishing Technology for Aerospace-Grade Aluminum Enables Stronger Electronic Gadgets
" Alcoa has developed a proprietary surface finishing technology that enables consumer electronics companies to use aerospace-grade aluminum to make thinner, lighter and stronger mobile devices. Alcoa’s new ProStrength™ Finishing Technology is a process that allows mobile device manufacturers to...
Alcoa to curtail powdered metal operations in Texas
Alcoa Inc. plans to curtail its Rockdale, Texas, aluminum powder operations as it looks to cut costs in its primary products business. That process is expected to be completed by the end of February, a spokeswoman for the Pittsburgh-based aluminum producer told via e-mail Dec. 18. The facility...
Alcoa Commercializes “Engineered Wetlands” Wastewater Treatment Technology
Alcoa (NYSE: AA) has entered into an agreement with Germany-based engineering and construction company, Bauer Resources GmbH, to commercialize Alcoa’s Natural Engineered Wastewater Treatment technology that mimics natural wetlands to sustainably treat wastewaters. Under the agreement, Bauer will...
Residents are calling for renewable energy solutions at Alcoa
SURF Coast residents are calling for Alcoa to consider renewable energy solutions amid fears the smelters seeks to sell coal directly to the market. The Anglesea brown coal-fired power station supplies 40 per cent of Point Henry's aluminium smelter electricity requirements. An Alcoa spokesperson...
Ormet starts selling off machines, raw materials
Ormet Corp. plans to auction equipment and raw materials used in the aluminum smelting process at 10 a.m. today, according to records in the U.S. District Bankruptcy Court in Delaware. Ormet closed the Hannibal aluminum smelter in October amid high utility costs and low global metal prices. CEO...
Arabian Gulf states investing on aluminium
From Saudi Arabia to Oman, Arabian Gulf states are grabbing a greater share of the raw materials needed to power economic diversification. Gulf economies last year produced 3.7 million tonnes of aluminium, which is equal to 9 per cent of the world’s total, according to the non-profit Gulf Aluminium...
Alcoa's aluminum production cuts not to help the aluminium industry considerably
Aluminum production is rising in Africa, China, the Arabian Gulf, Eastern and Central Europe and (this surprised us a little) North America, but it is falling in Oceania, South America, Western Europe and Asia (ex-China), according to FastMarkets. We continue our Aluminum Outlook 2014 from Part One...
