Alcoa
Alcoa declares $0.10 quarterly cash dividend, sets November 13 payment date
Alcoa Corporation has declared a quarterly cash dividend of $0.10 per share of its common stock, payable on November 13, 2026. Shareholders recorded as of the close of business on October 27, 2026, will be eligible to receive the dividend, the company announced. The company has continued its quarterly dividend at $0.10 per share, maintaining the same payout level announced in its previous dividend declarations in 2026, according to the company's investor relations records. Looking for alumina refinery raw materials? Compare grades, explore sourcing options, and connect with global suppliers on AL Biz.
Alcoa to sell Massena East site portion for up to $315 million as data center plans emerge
Alcoa plans to sell part of its idle Massena East industrial site in New York for up to $315 million, marking the first step in its broader effort to generate cash from underused assets by 2030. The agreement comes as the aluminum producer prepares to complete its multibillion-dollar acquisition of South32’s bauxite, alumina and aluminum assets while navigating changing metal prices and higher input costs. The company has reached a definitive agreement with an undisclosed buyer for the Massena East property. The transaction is expected to bring in an initial payment of $50 million to $65 million at closing, which is anticipated within the next six months. The remaining proceeds are expected before the end of the decade, although the agreement allows up to seven years for commissioning....
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Alcoa reports $483m net income in Q3 2026 as aluminium production rises
Alcoa Corporation reported net income of USD 483 million in the third quarter of 2026, up from USD 407 million in the previous quarter and USD 232 million in the same period last year, as the company increased aluminium production and improved refinery performance. Revenue reached USD 3.7 billion, down 6.6 per cent from USD 4 billion in the second quarter but up from about USD 3 billion in the third quarter of 2025. Adjusted EBITDA, excluding special items, was USD 789 million, compared with USD 901 million in the previous quarter and USD 270 million a year earlier. Adjusted net income stood at USD 1.82 per share, while earnings per common share were USD 1.81. Alcoa generated USD 643 million in cash from operations and reported free cash flow of USD 472 million. Its cash balance reached...
Alcoa’s Alumar Smelter completes internal investigation into the September fatality in Brazil
Alcoa’s Alumar aluminum smelter in São Luís, Maranhão, Brazil, has completed its internal investigation into a work-related fatality involving lighting maintenance at its carbon plant. The company is also cooperating with its partners and relevant authorities as their investigations continue. An employee died following a workplace incident at Alcoa’s Alumar aluminum smelter in Brazil, prompting renewed attention to safety controls during industrial maintenance operations. According to Alcoa, the employee was found unconscious at the facility on September 16, 2026, and immediately transported to a nearby hospital for medical treatment. The employee later died, and the incident was determined to be work-related. The incident involved lighting maintenance at the smelter’s carbon plant....
South32 shareholders approve aluminium asset sale worth $5.6b to Alcoa
South32 shareholders have overwhelmingly backed the proposed sale of the company’s aluminium value chain assets to Alcoa for up to USD 5.6 billion, with proxy votes recording 99.18 per cent support for the transaction at the company’s Annual General Meeting (AGM) on Wednesday. The disposal covers South32’s interests in Worsley Alumina, Hillside Aluminium, the MRN bauxite mine, the Brazil Alumina refinery and the Brazil Aluminium smelter. According to the company’s statement, the transaction is expected to be completed in the second half of fiscal year 2027, subject to the satisfaction of relevant conditions. The vote marks a significant step towards the transfer of the assets to Alcoa, spanning bauxite mining, alumina refining and primary aluminium production. Explore the production,...
Alcoa prepares for quarterly results as metals markets heat up
Alcoa Corporation is drawing market attention ahead of its third-quarter results as firmer aluminium and alumina prices shape expectations for the integrated producer. The company is scheduled to report its results on October 15, 2026, after the close of trading on the New York Stock Exchange. The broader metals market has also attracted interest, with copper and precious metals strengthening and materials companies benefiting from renewed investor attention. Aluminium remains a key industrial metal within this environment, placing producers such as Alcoa in focus as investors assess market conditions ahead of the earnings update. Aluminium prices and energy costs shape the outlook Aluminium is widely used in transport, packaging, construction and electrical applications because of its...
Civmec adds A$220m in contracts, expands work with Alcoa at Wagerup refinery
Civmec Limited has secured new contracts and extensions worth more than AUD 220 million (USD 153 million), including a construction contract for a gallium production plant at Alcoa’s Wagerup Alumina Refinery in Western Australia. The contracts are expected to be delivered across FY27 and FY28. The awards take Civmec’s order book to about AUD 1.5 billion (USD 1 billion). Civmec to build gallium plant at Wagerup Civmec will build the gallium production plant at Alcoa’s Wagerup Alumina Refinery. The project received a final investment decision in July 2026. Construction started in August following a groundbreaking ceremony. Civmec will carry out civil, structural, mechanical, piping, electrical and instrumentation works for the plant. The work also includes the process building, tanks,...
A $1.8 billion bet to keep Brazil’s bauxite flowing until 2041
The Novas Minas project will maintain MRN’s 12.5 million metric tons/year bauxite output while strengthening supply links across Brazil’s aluminum chain. Brazilian bauxite producer Mineração Rio do Norte (MRN) is investing R$9 billion ($1.8 billion) to extend operations at its mining complex in Pará through 2041, securing long-term production from new reserves near its existing sites. MRN has operated in northern Pará since the 1970s and first applied for environmental approval to extend the mine’s operating life in 2018. Brazilian authorities granted approval for the long-term expansion in April 2026. The Novas Minas project will develop five new mining sites in western Pará and allow MRN to maintain its existing production capacity of 12.5 million metric tons of bauxite per year. The...
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