Tag: Alcoa Corporation
Alcoa expands reach with Alumina acquisition
Alcoa Corporation announced the completion of its acquisition of Alumina Limited, a move that enhances Alcoa’s position in the global aluminium industry.
Alcoa reports $231m net loss as production, shipments decline in Q1
Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production.
Alcoa to sell Warrick rolling mill for A$910m
Alcoa Corporation has agreed to sell its rolling mill business, held by Alcoa Warrick LLC, to Kaiser Aluminum Corporation in a deal valued at...
Alcoa streamlines into three business units
Alcoa Corporation announced that it is ‘consolidating’ a number of business units to reduce complexity and lower costs.
The company’s CEO Roy Harvey said the...
Portland Smelter’s future secured with landmark power supply agreement
The Portland Aluminium smelter will resume production after Alcoa Corporation and the Victorian and Federal Governments struck a deal that will keep the plant...
Alcoa inks first major export deal to supply bauxite from its Huntly mine
Leading bauxite miner Alcoa announced that Alcoa World Alumina and Chemicals (AWAC) has secured its first major third-party contract to supply approximately 400,000 bone...
Alcoa Corporation completes separation from Alcoa Inc.
Alcoa Corporation has completed the separation from its parent company Alcoa Inc. – now named Arconic Inc. – and has begun operating as an...
Alcoa’s Board of Directors sanction the company’s separation into two entities
Alcoa Inc. Board of Directors has approved the completion of the company’s separation into two independent, publicly-traded companies.
One of the companies will retain the...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
