Alcoa Corporation

Alcoa Announces Immediate Restart of Three Potlines at Warrick Smelter

Alcoa Announces Immediate Restart of Three Potlines at Warrick Smelter

American aluminium giant Alcoa Corporation announced on Tuesday that it plans to restart a trio of the five idled potlines at its Evansville, Indiana smelter. The three potlines to be restarted at the Warrick smelter feature a combined capacity of 161,400 metric...

Events

Better Bottom Line, Steady Production Reflected in Alcoa’s Q1 Numbers

Alcoa Corporation released results for the first quarter of 2017, boasting a strong showing on the bottom line in the quarter. The firm’s net income for the quarter totaled US$225 million, a turn-around from the previous quarter’s loss of US$125 million, and an about-face from the prior year’s first-quarter loss of US$210 million. Adjusted net […]

Administrative Consolidation Returns Alcoa HQ to Pittsburgh

In a continuing effort at streamlining the company’s operations, Alcoa is consolidating several of its administrative offices. The initial location to close its doors is Alcoa’s office in New York City, which will see the firm’s global headquarters return to Pittsburgh, the city where Charles Martin Hall founded its predecessor in 1888. The Pittsburgh location […]

Alcoa Realigns Company Into Aluminium, Alumina, Bauxite Business Units

American aluminium major Alcoa Corporation announced yesterday a consolidation of business units. As of yesterday, the aluminium smelting, cast products, rolled products, and the majority of energy assets are all under the umbrella of the new business unit Alcoa Aluminum. The move means that Alcoa is composed of three business units: Alcoa Bauxite, Alcoa Alumina, […]

Higher Power Prices Prompt Partners’ Write Down in Portland Aluminium

Higher power prices negotiated by the operators of Portland Aluminium with AGL Energy have prompted them to write down their stake in the joint venture by a total of USD229 million. Year-end filings by Alumina Ltd indicate that the firm and its partner Alcoa wrote down their stake in the smelter by USD126 million each. […]

Alcoa to Boost Bauxite Exports from Western Australia

Alcoa’s Roy Harvey informed participants in a quarterly earnings call this week that he expects the firm to “dramatically” increase bauxite exports from its operations in Western Australia after the first shipment of ore from the region last month. The company’s first commercial shipment of bauxite from the mine at Huntly took place in December, […]