Roy Harvey

Alcoa Increases Percentage Of Sustainably Produced Power Usage To 86 Percent

Alcoa Increases Percentage Of Sustainably Produced Power Usage To 86 Percent

Pittsburgh aluminium pioneer Alcoa Corporation released its 2022 Sustainability Report this week detailing its Environmental, Social and Governance (ESG) initiatives of the previous year. The firm notes that it continues to be on track for reaching net-zero carbon emissions by mid-century. Highlights...

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Alcoa Generates US$12.5 Billion In Revenue In 2022

Pittsburgh aluminium pioneer Alcoa Corporation released results for the last quarter and full year of 2022 last week. High raw materials and power costs and low alumina and aluminium prices hammered the company, but there were bright spots on the balance sheet. In the fourth quarter, Alcoa generated US$2.7 billion in revenue, down by 7 […]

Alcoa Bottom Line Hammered By Lower Alumina, Aluminium Prices In Q3

Pittsburgh aluminium pioneer Alcoa Corporation reported results for the year’s third quarter last week. The firm’s bottom line struggled due to a lower sequential average realized price for both alumina and aluminium along with a jump in prices for raw materials and energy. In the year’s third quarter Alcoa reported revenue of US$2.85 billion, down […]

Alcoa Reports Record Net Income Of US$429 MM In 2021

Pittsburgh aluminium pioneer Alcoa Corporation released results for the fourth quarter and full year of 2021 last week. Strong pricing of alumina and aluminium coupled by steady operational performance helped the firm set records in 2021. In the fourth quarter, Alcoa turned in its best quarterly revenue since 2018, reporting US$3.3 billion, up by 7 […]

Alcoa To Curtail Aluminium Production At San Ciprián Until 2024

Pittsburgh aluminium pioneer Alcoa Corporation announced this week that it has come to an agreement with the labor force at San Ciprián aluminium smelter in Spain on a two-year closure of the plant in response to the jump in the cost of powering the plant in recent months and years. Per the firm, the plant […]

Alcoa Unveils Roadmap To Sustainable Aluminium

Aluminium pioneer Alcoa Corporation announced this week a technological plan that it hopes will lead the aluminium industry into more sustainably producing the metal in the future. The firm says its “technological roadmap” are capable of not only moving the aluminium industry into wider sustainability, but are also economically beneficial in the coming low-carbon future. […]