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 unveils plans for new high school
After seven years of planning, Alcoa City Schools unveiled plans for their new high school. The new building would nearly double student capacity. The existing building, parts of which were built in 1939, is suitable for 600 students, according to Director of Schools Dr. Brian Bell. He says the new...
More Aluminum Content in Forthcoming Auto Models for fuel efficiency
Automakers are now on a new mission to increase aluminum content in their upcoming vehicle models to improve fuel efficiency. As you all know this is an era of plug-in hybrids and electric cars, automakers intends to develop lighter vehicles to meet the demands. According to Alcoa’s director of...
Aluminium smelters hit by oversupply, falling demand and high energy costs
"The aluminum can in my hand will be back in the refrigerator in 60 days in the form of another aluminum can after I drink its contents and put it into a recycling bin," said Charles McLane, holding a canned drink while conducting an exclusive interview with China Daily. The words of McLane,...
Alcoa Kawneer and AIAS Announce 2012 Student Design Competition
Alcoa's Kawneer business and The American Institute of Architecture Students (AIAS) announce today the Enlightening Libraries: Student Design Competition. Sponsored by Kawneer and administered by the AIAS, this competition will challenge students to redesign a dated public library that is an...
Aluminium Demand in the auto industry is expected to double up: Alcoa
Demand for aluminium in the auto industry is expected to more than double by 2025 as manufacturers seek lightweight alternatives to steel in an effort to meet ever tightening fuel efficiency regulations. Reuters reports that more and more auto makers are beginning the transition away from heavy...
Alcoa Receives Two Awards for Aluminum Excellence
Alcoa (AA) was recognized with two awards for aluminum excellence yesterday at the American Metal Market 2nd Annual Aluminum Summit held in New York. Alcoa was the recipient of an Innovation Award for its next-generation of aluminum-lithium alloys for the aerospace industry. The award was accepted...
Kaiser Aluminum has the Lowest PEG Ratio in the Aluminum Industry
Below are the three companies in the Aluminum industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better. Kaiser Aluminum (NASDAQ:KALU) is lowest with a PEG...
An effort to improve fuel efficiency will boost aluminium demand in the auto industry: Alcoa
The global push to improve fuel efficiency in vehicle fleets will more than double the demand for aluminum in the auto market by 2025, Alcoa's director of automotive marketing said Wednesday. Car makers from BMW to Audi have already started to react to the so-called Corporate Average Fuel Economy...
Aluminum may face supply deficit in 2013: Rio Tinto
The global aluminum market will be more balanced this year and could shift into a supply deficit by 2013 as new projects fail to keep the pace with high-cost capacity cuts this year, Rio Tinto Alcan's Chief Executive said Tuesday. "Supply will become more challenging ... the market will be near a...
New York-based Alcoa to face bribery lawsuit filed by Alba
A federal judge in Pittsburgh today denied a motion by Alcoa Inc. to dismiss a bribery lawsuit filed against the company by an aluminum maker controlled by the Bahrain government. Aluminium Bahrain BSC, one of the world's largest aluminum smelters, claims New York-based Alcoa reaped more than $400...
Christian Jepsen to Join Alcoa as Vice President
Alcoa announced today that Christian Jepsen will join Alcoa as Vice President, Corporate Development this summer. He will be responsible for developing and implementing Alcoa's portfolio growth strategies, including merger and acquisition, and divestiture activities. Jepsen will also serve on the...
Century Aluminum has the Lowest Enterprise Value to Sales Ratio in the Aluminum Industry
The three companies in the Aluminum industry with the lowest Enterprise Value (EV) to Sales ratios are listed by Financial News Network Online (FNNO). EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is...
Alcoa Cuts Capacity But banks on China automotives for growth
Aluminium manufacturer Alcoa is going through a rough patch as its profitability has taken a beating lately due to falling alumina prices arising from oversupply of the commodity. Alcoa is a major global producer of aluminium and related products and could play a vital role in bringing prices back...
Lowest Beta Detected in Kaiser Aluminum shares
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. SmarTrend lists the three companies in the Aluminum industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore...
Alcoa Howmet, Morristown, Wins Bronze Award in Global Quality Competition
Alcoa (NYSE:AA) operations in Morristown, Tennessee, has been recognized by ASQ, the global voice of quality, as a bronze award winner among a field of 32 finalists in competition at the World Conference on Quality and Improvement held recently in Anaheim, Calif. Alcoa Howmet, Morristown is the...
Alcoa, Santee Cooper agree to one-year extension on power rate negotiations
Alcoa and Santee Cooper have agreed to postpone the date by which the aluminum manufacturer must tell the utility whether its Berkeley County plant will continue operating past 2015. The deadline had been June 30, but late Wednesday, the state-owned utility and its biggest industrial customer...
Alcoa Bauxite Mine goes for natural Reforestation
Alcoa is using a new, natural method for reforestation at its Juruti bauxite mine in Brazil that is efficient, cost effective and sustainable. The technique is based on the theory of nucleation, where small dense nuclei of plants and animals facilitate the arrival of other species. At Juruti, birds...
Alcoa makes 390kt/y production cut
Alcoa has cut its alumina production capacity by approximately 390kt/y as a result of recent smelter cutbacks. The cuts will reduce Alcoa’s refining capacity in the Atlantic region by about 4% and are already underway. The Atlantic region represents about 50% of its total global refining capacity...
