Alcoa

Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. It operates through the following segments: Bauxite, Alumina, and Aluminum. The Bauxite segment represents the company’ global bauxite mining operations. The Alumina segment includes the company’s worldwide refining system, which processes bauxite into alumina. The Aluminum segment combines smelting and casting operations to produce primary aluminum. The smelting operations produce molten primary aluminum, which is then formed by the casting operations into either foundry ingot or into value-add ingot products, including billet, rod, and slab. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

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Alcoa reports Q4 loss, focuses on safety and market challenges

Alcoa faced a net loss in Q4 2022 but returned capital to stockholders and simplified its reporting structure for 2023.
The company highlighted safety, operational highlights, and strategic restarts while addressing market challenges.
Confidence in new leadership appointments and a positive outlook on aluminum demand and market opportunities.
Challenges in cost structures, energy prices, and bauxite quality require effective solutions for sustainable growth.

Alcoa reports improved Q1 earnings, focuses on sustainability and operational challenges

Alcoa's Q1 2023 Earnings Call highlighted improved financial performance, strategic initiatives towards sustainability, and operational challenges in capacity restarts and market dynamics. The company remains focused on responsible mining practices, innovation in low-carbon products, and addressing challenges in the alumina and aluminum markets. Alcoa's progress in financial metrics, operational updates, and long-term strategies underscore its commitment to sustainable growth and market leadership.

Alcoa reports revenue growth and cost challenges amid market uncertainties

Alcoa's Q2 performance showed revenue growth and improved net loss, but faced challenges from cost pressures and market uncertainties.
The company is leveraging strengths like new contracts, demand for low-carbon products, and cost-saving initiatives to navigate the current environment.
Opportunities lie in operational improvements, market influence efforts, and balanced global markets for aluminum and alumina.

Alcoa reports Q3 loss, eyes aluminum demand rebound in 2024

Alcoa's Q3 performance showed a net loss but highlighted operational achievements and strategic focus.
The company is addressing challenges while aiming to capitalize on opportunities in the aluminum market.
Strategic initiatives focus on cost control, operational improvements, and long-term growth strategies.
Analysts and investors are closely monitoring Alcoa's progress and future outlook.

Alcoa reports stable Q4 revenue, eyes EBITDA growth opportunities

Alcoa's financials showed mixed results in Q4 2023, with revenue flat but improved EBITDA.
The company faces challenges with cash preservation at San Ciprian and cost reduction efforts.
Opportunities lie in production expectations for 2024 and doubling EBITDA in the next 2 years.
Alcoa's focus on safety, production records, and low-carbon solutions are key strengths.

Alcoa to acquire Alumina Limited, reports stable Q1 performance

Alcoa's Q1 performance showed stable revenue, improved safety, and operational achievements, with a focus on cost savings and shareholder value enhancement.
The company faces challenges in asset sales, cash flow management, technology implementation timelines, and achieving profitability targets.
Opportunities lie in the pending acquisition, market outlook, operational progress, and potential cost benefits, driving optimism for Alcoa's future.
Overall, Alcoa remains resilient amidst challenges, leveraging strengths in market conditions and strategic initiatives to navigate the industry landscape.

Alcoa reports strong Q2 earnings, poised for growth amid market strength

Alcoa's Q2 2024 earnings call highlighted robust financial results, strategic acquisitions, operational excellence, and positive market outlook. While challenges in managing expenses and addressing analyst inquiries exist, the company is well-positioned to capitalize on market strength and drive future growth through ongoing initiatives.

Alcoa reports strong Q3 performance, eyes growth amid market opportunities

Alcoa's Q3 showed strength in operational performance and strategic actions, though challenges in the Aluminum segment persisted. The company is capitalizing on opportunities in the alumina market and profitability improvement programs. With a positive market environment and strategic updates, Alcoa is poised for growth.

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Alcoa Corp. engages in the mining of bauxite. The firm is also involved in the upstream aluminum industry. It operates through the Alumina and Aluminum segments. The Alumina segment consists of a refining system, including the mining of bauxite, which is then refined into alumina, a compound of aluminum and oxygen that is the raw material used by smelters to produce aluminum metal. The Aluminum segment is composed of smelting and casthouse system, as well as energy assets in Brazil, Canada, and the United States. The company was founded by Charles Martin Hall on July 9, 1886 and is headquartered in Pittsburgh, PA.

TORONTO, April 28, 2023 (GLOBE NEWSWIRE) -- St Charles Resources Inc. is pleased to announce that it is changing its name to “BULGOLD Inc.” (“BULGOLD” or the “Company”) (the “Name Change”) and is implementing a share consolidation of the issued and outstanding common shares of the Company (the “Common Shares”) on the basis of one (1) post-consolidation Common Share for every three (3) pre-consolidation Common Shares of the Company (the “Consolidation”). No fractional Common Shares will be issued in connection with the Consolidation; in the event that a shareholder would otherwise have been entitled to receive a fractional Common Share upon Consolidation, such fractional Common Share will be rounded down to the nearest whole number Common Share for no consideration.

St Charles Resources Inc. Announces Name Change to Bulgold Inc., Share Consolidation, Appointment of Corporate Secretary and Filing of 2022 Audited Annual Financial Statements

Vancouver, British Columbia--(Newsfile Corp. - April 26, 2023) - Further to its press release dated April 14, 2023, European Energy Metals Corp. (TSXV: FIN) (the "Company"), is pleased to announce that the Company has filed a Notice of Alteration to change its name from "Hilo Mining Ltd." to "European Energy Metals Corp." The change of name is effective April 25, 2023.

Hilo Mining Ltd. Announces Name Change to European Energy Metals Corp.

Aluminum stock Alcoa Corp (NYSE:AA) is now down 47% year-over-year and 17% year-to-date, after forming a bearish post-earnings reversal candle on April 20.

Aluminum Stock Could Slide Even Lower

Alcoa Corporation (AA) Q1 2023 Earnings Call Transcript.

Alcoa Corporation (AA) Q1 2023 Earnings Call Transcript

Alcoa Corp. AA, -2.21% stock dropped more than 2% in the extended session Wednesday after the aluminum and alumina producer swung to a surprise quarterly loss and revenue came in below Wall Street expectations. Alcoa lost $231 million, or $1.30 a share, in the first quarter, contrasting with earnings of $469 million, or $2.49 a share, in the year-ago quarter.

Alcoa swings to surprise quarterly loss

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported first quarter 2023 results that included sequential improvements in key earnings metrics, a strong cash balance, and a quarterly cash dividend payment. First Quarter Highlights: Generated revenue of $2.7 billion Posted sequential improvements in Net loss attributable to Alcoa of $164 million and Adjusted EBITDA excluding special items of $211 million Finished the first quarter with a cash balance of $1.

Alcoa Corporation Reports First Quarter 2023 Results

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation today announced the purchase of group annuity contracts that will facilitate the transfer of approximately $235 million of pension obligations and assets associated with defined benefit pension plans for certain Canadian retirees and beneficiaries.

Alcoa Purchases Group Annuity Contracts for Certain Canadian Pension Plans

Alcoa is expected to publish its Q1 2023 results on April 19 reporting on a quarter that saw aluminum prices face considerable volatility.

What To Anticipate From Alcoa's Q1 Results?

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced the expansion of the Company's EcoSource™ low-carbon alumina brand to now include certain grades of non-metallurgical alumina. First launched in 2020 for smelter-grade applications (SGA), EcoSource is the world's first and only low-carbon alumina brand. Now, it is also being offered in non-metallurgical (NMA) grades, including hydrates and calcined materials.

Alcoa Expands its EcoSource™ Low-Carbon Alumina Brand to Include Non-metallurgical Grade Alumina

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation plans to announce its first quarter 2023 financial results on Wednesday, April 19, after the close of trading on the New York Stock Exchange. The press release with financial results, and a related presentation, will be available on the “Investors” section of Alcoa's website, www.alcoa.com. A link to the press release will also be on Alcoa's Twitter handle @Alcoa at www.twitter.com/Alcoa.

Alcoa Schedules First Quarter Earnings Release and Conference Call

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - CAPITAN MINING INC.  (TSXV: CAPT)  ("Capitan" or "the Company") is pleased to announce that it will be changing its name to "Capitan Silver Corp to reflect its primary focus on the recently consolidated silver trend at the Cruz de Plata project in Durango, Mexico.

Capitan Mining Inc. Announces Name Change to Capitan Silver Corp.

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BSBR, AMD and AA have been added to the Zacks Rank #5 (Strong Sell) List on March 17, 2023.

New Strong Sell Stocks for March 17th

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE:AA) today announced the closure of its Intalco aluminum smelter in Washington State, which has been fully idle since 2020. The closure announcement begins a process to prepare the site for new economic development opportunities. “The Intalco smelter site operated for nearly 55 years, and we've spent significant time evaluating options for the asset, including a potential sale,” said Alcoa President and CEO Roy Harvey.

Alcoa Announces Closure of Intalco Smelter and Prepares Site for Redevelopment

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced that the Portland Aluminium smelter in the state of Victoria in Australia will begin to immediately reduce its overall production due to operational instability. Production at the smelter will be reduced to approximately 75 percent of the site's total consolidated capacity of 358,000 metric tons per year (mtpy). Alcoa's share of the total capacity is 197,000 mtpy.

Portland Aluminium joint venture in Australia to reduce production

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ASYS, ALTO and AA have been added to the Zacks Rank #5 (Strong Sell) List on March 10, 2023.

New Strong Sell Stocks for March 10th

Alcoa Corporation (NYSE:AA ) BMO 32nd Annual Global Metals, Mining & Critical Minerals Conference 2023 Call February 28, 2023 9:30 AM ET Company Participants Roy Harvey - President and Chief Executive Officer Conference Call Participants David Gagliano - BMO Capital Markets David Gagliano Okay. Next up is Alcoa.

Alcoa Corporation (AA) BMO 32nd Annual Global Metals, Mining & Critical Minerals Conference 2023 (Transcript)

Progyny

The Barron's portfolio dropped 1.2% in the past five days, compared with a 1.77% dip in the S&P 500 stock index.

A Barron's Portfolio of Stocks Outperformed This Week. Alcoa, Progyny and Other Stocks That Popped.

Alcoa has 3 catalysts that will benefit the stock in the near-term. I strongly believe that Alcoa's near-term prospects have started to improve.

Alcoa: 3 Catalysts Near-Term

Alcoa Corp (NYSE: AA) down about 45% versus its record high last year is an opportunity to buy a quality name at a deep discount, says Alexander Hacking – Equity Research Analyst at Citigroup.

Citi sees a 35% upside in this aluminum stock

Alcoa Corp (NYSE:AA) stock is up 4.6% at $50.16 at last glance, after Citigroup upgraded the shares to "buy" from "neutral," with a price-target hike to $65 from $55.

Aluminum Stock Pops on Analyst Upgrade

Power shortages in China and potential sanctions on Russia could drive prices of the metal even higher.

Alcoa Buoyed by Bullish Aluminum Outlook. Lands Buy Upgrade.

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its subsidiary Alcoa of Australia Limited (AoA) has terminated a joint development project with FYI Resources Ltd (ASX: FYI) for high-purity alumina (HPA). Alcoa announced in 2021 that AoA had executed a binding term sheet with Western Australia-based FYI Resources for development activities to produce HPA, which is used to manufacture materials such as synthetic sapphires used in LED lighting and other various applications.

Alcoa of Australia ends joint development project with FYI Resources

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that Roy C. Harvey, President and Chief Executive Officer, will present at the BMO Capital Markets 32nd Global Metals, Mining and Critical Minerals Conference in Hollywood, Florida, beginning at 9:30 a.m. EST on Tuesday, February 28, 2023. Harvey's presentation will review Alcoa's business and the Company's outlook in the current market and will be followed by a brief question and answer session.

Alcoa President and Chief Executive Officer Roy Harvey to participate in BMO Global Metals, Mining and Critical Minerals Conference

In this article, we assess the risk/reward of Alcoa stock, which is in a tricky situation due to high operating costs and pressure on demand. The good news is that secular demand remains strong while global supply growth remains constrained.

Alcoa Stock: A Sleeper Pick That Could Wake Up With A Bang!

PITTSBURGH--( BUSINESS WIRE )--Alcoa Corporation (NYSE: AA) today announced that a majority of the workers at its San Ciprián complex in Spain have agreed to an improved plan for the restart of the aluminum smelter in 2024.

News for Alcoa Stock (AA)