Alcoa Corporation

Alcoa Reaches Deal For Purchase Of Avilés And La Coruña Aluminium Plants In Spain

Alcoa Reaches Deal For Purchase Of Avilés And La Coruña Aluminium Plants In Spain

Yesterday Pittsburgh aluminium pioneer Alcoa Corporation announced that it has come to an agreement with Swiss private equity firm PARTER Capital Group AG to purchase Spain’s Alcoa Avilés and La Coruña aluminium smelters. The two Spanish plants, which include casthouses and a...

Events

Alcoa Transfers Interest In Aluminium Rolling Mill Joint Venture To Ma’aden

Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the amendment of its joint venture with Saudi Arabian Mining Company (Ma’aden), which will have the firm transfer its interest in a portion of the aluminium complex to Ma’aden along with a cash payment of US$100 million. Per the amended agreement, Alcoa will transfer to Ma’aden its 25.1-percent […]

Japanese Premiums For Aluminium Shipments Increase By 3 Percent In Third Quarter

Third-quarter premiums for Japanese aluminium shipments will rise by 3 percent to US$108 per metric ton thanks to a fall-off in supply that overrode apprehension over a possible drop in regional demand. The rise in premiums is the second consecutive rise, following an increase to US$105 per metric ton in April. Sources who spoke to […]

Canada’s Government To Invest C$10 Million In Expansion Of Alcoa Aluminerie de Deschambault

Following up on a promise to help shield the dominion’s aluminium industry from recent instability, the Canadian government announced a major funding grant for Alcoa’s Deschambault Aluminerie earlier this week. Speaking on behalf of Minister of Innovation, Science and Economic Development Navdeep Bains, Canada’s Minister of Families, Children and Social Development Jean-Yves Duclos revealed on […]

Heidi Brock To Step Down As Head Of Aluminum Association

United States aluminium trade group Aluminum Association will soon go forward with new leadership at the helm, as the organization announced earlier this week that President and CEO Heidi Brock will leave later this year. The Association did not specify a date certain for Brock’s departure, but it did confirm that the board of directors […]