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.

NuLegacy Gold Corp (TSX-V:NUG) has announced plans to rebrand as Preservation Gold Corporation. The name change, which is pending shareholder approval, is part of broader efforts aimed at revitalizing the company's future, with major decisions scheduled for the upcoming October 7th Annual General Meeting (AGM).

NuLegacy Gold announces name change to Preservation Gold

PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation announced today it is contributing $1.8 million across three years to Teach For All to expand mental health support and wellbeing initiatives in classrooms, communities and organizations. The funding will support the launch of new teacher wellbeing initiatives across three continents through support for Teach For Australia, Ensina Brasil, and Teach For America. Teach For All and its network partners have found, through programming and research, that.

Alcoa Foundation Contributes $1.8 Million to Teach For All to Launch Teacher Wellbeing Initiative

Dublin, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The "Aluminum Forging Market Analysis by Forging Type, End-user, and Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global aluminum forging market was valued at US$22.71 billion in 2023 and is expected to reach US$31.73 billion by 2029. The market is expected to grow at a CAGR of approx. 6% during the forecasted period of 2024-2029.

Aluminum Forging Market Forecast to Reach $31.73 Billion by 2029 - Global Industry and Competition Analysis Featuring Alcoa Corporation, Bharat Forge, Kobe Steel & Other Key Players

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M00) ("BMEX" or the "Company") announces that the Company will change its name to "Route 109 Resources Inc." effective October 4, 2024 (the "Effective Date"). At the opening of the market on the Effective Date, the trading symbol of the Company will change from "BMEX" to "RTE", and the new CUSIP and ISIN numbers of the Company will be 779291103 and CA7792911033, respectively.

BMEX Announces Name Change to Route 109 Resources Inc.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its third quarter 2024 financial results on Wednesday, October 16, 2024, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the third quarter financial results on October 16, 2024, at 5:00 p.m. EDT (October 17, 2024, at 8:00 a.m. AEDT). The call will be webcast live via Alcoa's website, www.alcoa.com. The third quarter earnings press release with financial r.

Alcoa Schedules Third Quarter 2024 Earnings Release and Conference Call

Alcoa has shown a turnaround as Q2 earnings improved, driven by aluminum's rising price and demand, and cost efficiencies implemented. The dividend has remained stable and should be sustainable as future earnings outlooks are positive. A lower debt-to-equity ratio vs key peers can indicate a healthier debt risk at this firm.

Alcoa: American Industrial Giant On Improvement Track As Aluminum Demand, Price Grows

Alcoa's margin expansion and expected continued profitability through 2025 make it a promising investment with an attractive forward-looking valuation. Alcoa's acquisition of Alumina Limited further strengthens the company as a leader in the industry. Alcoa's ELYSIS technology presents a compelling opportunity further out in the future.

Alcoa: New Positives To Drive The Stock Higher

Alcoa's strong Q2'24 performance was driven by favorable aluminum prices and cost-cutting, leading to improved margins despite lower volumes. Positive macroeconomic factors, including tariffs on Chinese imports and expected aluminum demand growth, create favorable conditions for Alcoa. Alcoa's financial position strengthened by inventory reductions and strategic asset sales. I believe management will use the raised cash to deleverage the balance sheet and enhance shareholder value.

Alcoa's Financial Position Is Improving: Upgraded To A Buy Rating

Toronto, Ontario--(Newsfile Corp. - September 19, 2024) - Veta Resources Inc. (the "Company") announces that, further to its press releases of June 28, 2024 and August 21, 2024, and in connection with the reverse takeover of the Company by Metaworld Corporation (dba Syntheia), it has filed articles of amendment to change the name of the Company to "Syntheia Corp." (the "Name Change") and consolidate its issued and outstanding common shares (the "Common Shares") on the basis of 2.017753 pre-consolidation Common Shares for one (1) post-consolidation Common Share (the "Consolidation"), resulting in its previously outstanding 22,590,750 Common Shares being consolidated into 11,195,987 Common Shares of the Company. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional Common Shares that would have otherwise been issued have been rounded down to the nearest whole number.

Veta Resources Announces Name Change and Consolidation

Shares of Alcoa (AA) jumped Monday as the aluminum giant said it was selling its 25.1% stake in a joint venture with Saudi Arabia Mining Co., known as Ma'aden.

Alcoa Stock Rises After Company Sells Stake in Saudi Arabia Joint Venture

U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Ma'aden for $1.1 billion.

Alcoa to sell its 25.1% stake in Ma'aden joint venture for $1.1 billion

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced today that it has entered into a binding share purchase and subscription agreement (the “Agreement”) with Saudi Arabian Mining Company (“Ma'aden”), under which Alcoa will sell its full ownership interest of 25.1% in the Ma'aden Joint Venture to Ma'aden for approximately $1.1 billion. The transaction consideration comprises approximately 86 million shares of Ma'aden (valued at $950 million based on the v.

Alcoa Announces Agreement to Sell its 25.1% Stake in Ma'aden Joint Venture to Ma'aden

Alcoa Corporation (NYSE:AA ) Morgan Stanley's 12th Annual Laguna Conference September 12, 2024 10:00 AM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Carlos De Alba Good morning everyone. Thank you for joining the conference.

Alcoa Corporation (AA) Morgan Stanley's 12th Annual Laguna Conference (Transcript)

Toronto, Ontario--(Newsfile Corp. - September 10, 2024) - Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) ("Li3 Lithium" or the "Company") is pleased to announce it will be changing its name to "Global Copper Corp." (the "Name Change"). The Name Change was approved by shareholders of the Company at its annual and special meeting held on August 22, 2024.

Li3 Lithium Corp. Announces Name Change

NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce that effective on August 26, 2024, the name of Days Global Advisors' flagship Absolute Return ETF will be changed to the DGA Core Plus Absolute Return ETF. The Fund will continue to trade under the existing ticker “HF.”

Tidal Financial Group Announces Name Change for Days Global Advisors' flagship HF ETF to “DGA Core Plus Absolute Return ETF”: Paving Your Stairway to Strategic Wealth

Alcoa Corporation (NYSE:AA ) Jefferies Global Industrial Conference Call September 5, 2024 1:20 PM ET Company Participants Molly Beerman - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher LaFemina - Jefferies Christopher LaFemina All right. Thank you all for attending this session.

Alcoa Corporation (AA) Presents at Jefferies Global Industrial Conference Call (Transcript)

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in two investor conferences, engaging in question-and-answer sessions regarding Alcoa's business and outlook in the current market, including factors that could affect the present quarter's financial results. Jefferies 2024 Industrial Conference At 1:20 p.m. EDT on Thursday, September 5, 2024, Molly S. Beerman will participate in a live webcast session at the Jef.

Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to Participate in Conferences Hosted by Jefferies and Morgan Stanley

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr.

Alcoa Announces Investor Relations Leadership Transition

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation releases 2023 Sustainability Report.

Alcoa Issues 2023 Sustainability Report

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation completes acquisition of Alumina Limited.

Alcoa Completes Acquisition of Alumina Limited

The heavy selling pressure might have exhausted for Alcoa (AA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -8.54% in 4 Weeks, Here's Why You Should You Buy the Dip in Alcoa (AA)

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B Riley Securities analyst Lucas Pipes maintains Alcoa Corporation AA with a Neutral rating, raising the price target from $39 to $43.

Alcoa's Profitability Program Reaping Results - Analyst Sees Tailwinds From Lagged Alumina Pricing

Alcoa Corporation (NYSE:AA ) Q2 2024 Earnings Conference Call July 17, 2024 5:00 PM ET Company Participants James Dwyer - Vice President, Investor Relations & Pension Investments William Oplinger - President & Chief Executive Officer Molly Beerman - Executive Vice President & Chief Financial Officer Conference Call Participants Carlos De Alba - Morgan Stanley Katja Jancic - BMO Capital Markets Michael Dudas - Vertical Research John Tumazos - John Tumazos Very Independent Research Timna Tanners - Wolfe Research Alex Hacking - Citi Lucas Pipes - B. Riley Operator Good afternoon, and welcome to the Alcoa Corporation Second Quarter 2024 Earnings Presentation and Conference Call.

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