Alcoa Corporation

Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line

Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line

American aluminium pioneer Alcoa Corporation released results for the first quarter of 2019 on Wednesday. The firm’s numbers struggled in the quarter largely due to a decline in global aluminium and alumina prices. In the opening quarter this year Alcoa posted revenues...

Events

Rio Tinto Promises Carbon-Free Smelting Technology At Tiwai Point

New Zealand’s Tiwai Point Aluminium Smelter is in line to possibly become the world’s first carbon-free aluminium smelter after a productive discussion between the heads of Rio Tinto Group and the New Zealand government last week. A Kiwi news source says Rio Tinto chief executive Jean-Sébastien Jacques and Prime Minister Jacinda Ardern discussed the matter […]

Rebound In Prices Propel Alcoa’s Bottom Line Into The Black In The Fourth Quarter

Pittsburgh aluminium pioneer Alcoa Corporation released results for the fourth quarter and full year of 2018 on Wednesday, reporting stronger numbers across both periods thanks to improved prices in both the alumina and aluminium global market. In the year’s final quarter Alcoa reported a net income of US$43 million, reversing losses of US$41 million in […]

Alcoa To Cut Capacity At Aluminerie de Bécancour’s Lone Operating Potline

Citing the continuing impasse in labor negotiations, Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the immediate curtailment of half the production of the lone potline at Aluminerie de Bécancour Inc. (ABI) smelter in Québec, Canada. The curtailment is but the latest step in a labor dispute that has gone on for over a year. The […]