Alcoa Corporation

Alcoa Turns In 38% Increase In Adjusted EBITDA In Q2 2018

Alcoa Turns In 38% Increase In Adjusted EBITDA In Q2 2018

Iconic Pittsburgh aluminium smelter Alcoa Corporation released results for the second quarter on Wednesday. Numbers were up across the board thanks in part to strong pricing for both alumina and aluminium. Alcoa’s revenue in the second quarter totaled US$3,579 million, up from...

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Rising Aluminium Prices Lift Alcoa’s First-Quarter Numbers

Alcoa Corporation released results for the first quarter of 2018 yesterday. Though down slightly from the previous quarter, the firm’s numbers were largely better year-on-year thanks to a recovered aluminium market and an improved selection of aluminium products on offer. The firm posted revenue in the quarter of US$3.09 billion, up year-on-year from last year’s […]

Dry Weather in Brazil Desiccates Alcoa’s Fourth-Quarter Numbers

Battling against drought in Brazil and an upswing in power prices in Spain took a toll on Alcoa Corporation’s fourth-quarter numbers, which the firm released to the market on Wednesday. Alcoa finished the quarter with US$3.2 billion in revenue, up from last quarter’s total of US$3.0 billion, and up year-on-year from last year’s Q4 total […]

Breakdown in Labor Negotiations Leads to Lockout at Québec Aluminium Smelter ABI

Two potlines at Aluminerie de Bécancour Inc. (ABI) in Québec now stand idle after an impasse in labor negotiations motivated the plant’s management to lock out its union workforce. According to a union source quoted by Platts, “there is electricity in the plant but no production” at the 450-thousand-metric-ton-per-annum smelter. The plant’s co-owner Alcoa Corporation […]

Alcoa Re-Energizes Trio of Aluminium Potlines At Idled Warrick Plant

Southwest Indiana’s Christmas became a little merrier when Alcoa Corp. announced this week that the aluminium smelter in Warrick County took steps to resume production for the first time in almost two years. Company spokesperson Jim Beck told local media on Wednesday that one of the plant’s three idled potlines was recently re-energized, which is […]

Alcoa Closes Rockdale Site, Sells Portovesme Aluminium Smelter to Italian Government

Pittsburgh aluminium pioneer Alcoa Corporation announced the fate of two idled smelting sites in its portfolio yesterday, opting to close a site in Texas and sell another site in Italy. Per a press release published on its website, Alcoa revealed that it is permanently closing its Rockdale operations, which includes an aluminium smelter and casthouse […]