Roy Harvey

Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line

Drop In Alumina And Aluminium Prices Take A Toll On Alcoa’s Q1 Bottom Line

American aluminium pioneer Alcoa Corporation released results for the first quarter of 2019 on Wednesday. The firm’s numbers struggled in the quarter largely due to a decline in global aluminium and alumina prices. In the opening quarter this year Alcoa posted revenues...

Events

Alcoa Seeks Tariff Reprieve From Trump Administration For Specialty Aluminium

Iconic American aluminium producer Alcoa Corporation has approached the Trump administration to obtain from relief from the Section 232 aluminium tariffs that were levied upon all imports earlier this year, saying that they are now suffering from the measure enacted specifically for their benefit. The firm filed a quintet of requests for waivers with the […]

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 both last quarter’s total of US$3,090 million and last year’s second-quarter total of […]

Alcoa and Rio Tinto Announce Breakthrough Carbon-Free Aluminium Smelting Process

Calling the breakthrough “the most significant innovation in the aluminium industry in more than a century,” American smelter Alcoa Corp and Anglo-Australian mining giant Rio Tinto Group say they have developed a revolutionary new method for smelting aluminium that produces oxygen rather than greenhouse gases. Press releases by both companies announced the breakthrough yesterday, as […]

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 […]