Roy Harvey

Alcoa Weathers COVID-19 Storm In Second Quarter

Alcoa Weathers COVID-19 Storm In Second Quarter

Aluminium pioneer Alcoa Corporation released results for the second quarter on Wednesday, boasting both a better balance sheet and improved productivity despite the ongoing coronavirus pandemic. In the just-ended quarter the firm posted a total revenue of US$2,148 million, besting the prior...

Events

Alcoa Recognized As Aluminium Industry Sustainability Leader By S&P Global

Pittsburgh aluminium pioneer Alcoa Corporation announced earlier this week that it has been named the aluminium industry’s top performer by S&P Global in the just-released Sustainability Yearbook 2020. S&P Global utilizes SAM Corporate Sustainability Assessment to determine its yearly rankings, which is a metric used by other such indices, including Dow Jones Sustainability Indices (DJSI). […]

Alcoa To Sell Gum Springs Waste Treatment Facility To Veolia

Pittsburgh aluminium pioneer Alcoa Corporation announced earlier this week the sale Elemental Environmental Solutions (EES) and its waste treatment facility in Gum Springs, Arkansas to Veolia ES Technical Solutions (VTS) for US$250 million. Per Alcoa, the aluminium firm will be paid US$200 million at closing, which it expects to occur by the end of March. […]

Alcoa To Permanently Close Shuttered Alumina Refinery At Port Comfort

Pittsburgh aluminium pioneer Alcoa Corporation announced plans on Monday to permanently close its alumina refinery at Port Comfort, Texas. Alcoa says the decision comes as the result of a company-wide review of about a quarter of its production capacity with an eye toward improving costs and sustainable profitability. The 2.3 million metric tons per annum […]

Alcoa Becomes 27th Member Of International Council on Mining and Metals

Pittsburgh aluminium pioneer Alcoa Corporation has been selected for membership in the International Council on Mining and Metals (ICMM) according to a press release issued by the firm on Thursday. According to ICMM, Alcoa passed a rigorous and independent assessment process to qualify for membership. The assessment process assured the Council that Alcoa adheres to […]

Alcoa Launches Multi-Year Portfolio Review

Pittsburgh aluminium pioneer Alcoa Corporation released results for the third quarter yesterday as well as announcing a multi-year portfolio review and an update to the firm’s strategic priorities. In the just-ended quarter, Alcoa reported a net loss of US$221 million, up from a net loss of US$402 million in the prior quarter, and an adjusted […]