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.

The aluminum products company benefits from solid aluminum prices and a positive demand/supply environment.

Why Shares in Alcoa Surged This Week

Alcoa stock (NYSE: AA) jumped 7.5% in just the last one week and is above $50, completely outperforming the S&P 500 which dropped 1% during the last one week. If you look at the change in stock over the last ten days, AA stock has increased 8.4%, again outperforming the market.

What's Behind The Recent Surge In Alcoa Stock?

The stock price of Alcoa Corporation (NYSE: AA) increased by 5.61% today. This is why it happened.

Alcoa Stock (AA): Why The Price Increased Today

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Athene Holding Ltd. Class A

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today announced the purchase of additional group annuity contracts that will further enhance the Company's strong balance sheet, reduce the risk of volatility in pension plans and secure the Company's commitments to retirees and beneficiaries. The additional annuity contracts with two subsidiaries of Athene Holding, Ltd. (NYSE: ATH) will facilitate the transfer of approximately $500 million of pension obligations and related assets assoc

Alcoa Further De-Risks Certain U.S. Pension Plans Through Additional Annuity Contracts

The shares of aluminum name Alcoa Corp (NYSE:AA) are up 6% to trade at $50.64 at last check, after news that the stock will replace Hill-Rom Holdings (HRC) on the S&P MidCap 400 Index, following Baxter International's (BAX) acquisition of the latter.

Alcoa Stock Pops on S&P 400 Addition

Baxter

Hill-Rom Hlds

NEW YORK, Dec. 13, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Alcoa Corp. (NYSE:AA) will replace Hill-Rom Holdings Inc. (NYSE:HRC) in the S&P MidCap 400 effective prior to the opening of trading on Monday, December 20. S&P 500 constituent Baxter International Inc. (NYSE: BAX) is acquiring Hill-Rom in a deal that was completed today.

Alcoa Set to Join S&P MidCap 400

S&P Dow Jones Indices said late Monday that Alcoa Corp. AA, -2.09% will move to the S&P MidCap 400, replacing Hill-Rom Holdings Inc. HRC, , effective at the start of trading on Dec. 20. S&P 500 SPX, -0.91% constituent Baxter International Inc. BAX, +2.89% is acquiring Hill-Rom in a deal completed Monday.

Alcoa Corp. to move to S&P midcap index next week

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today the closure of 146,000 metric tons of aluminum smelting capacity at the Wenatchee Works aluminum smelter located in the state of Washington. The process to permanently decommission the smelter, which has been fully idle since 2015, will begin immediately to prepare the Wenatchee site for potential redevelopment. “Our analysis does not support the long-term operation of the Wenatchee smelter, so we are now focused on prepa

Alcoa Announces Closure of Wenatchee Smelter in Washington State

Arconic

Century Aluminum

Rio Tinto plc Sponsored

A closer look at how to invest in the aluminum industry.

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The aluminum stock is riding analysts' high expectations.

Why Alcoa Stock Popped This Week

Freeport-McMoRan

Glencore PLC

Anglo American PLC

“While COVID and Chinese macro developments matter most in the near term, the global energy transition and structural supply constraints should be the key fundamental drivers for mining in 2022,” broker Jefferies said in a note released on 6 December. “We are most bullish on copper and aluminum, and we believe consensus price forecasts for these metals continue to be too low.

Jefferies likes copper and energy metals for 2022, but not coal or iron ore

Alcoa (AA) closed at $44.07 in the latest trading session, marking a -1.67% move from the prior day.

Alcoa (AA) Dips More Than Broader Markets: What You Should Know

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that William F. Oplinger, Alcoa's Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the virtual Citi Conference, beginning at 8:45 a.m. EST on Wednesday, December 1, 2021. The question and answer session will follow introductory comments by Mr. Oplinger regarding the business and outlook. A real-time audio webcast of this session will be available on the “Investors”

William F. Oplinger, Alcoa's EVP and CFO, to Participate in Conference Hosted by Citi

Alcoa Corp. AA, -4.80% said Wednesday that it has bought group annuity contracts that will help transfer $1 billion in pension obligations for defined benefit pension plans for certain retirees and beneficiaries in the U.S. The aluminum company's stock rose 1.6% in premarket trading. The transfer will be completed later in November.

Alcoa to transfer $1 billion in pension obligations to Athene Holding

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) has once again been recognized for environmental, social and governance (ESG) performance based on criteria in the annual Dow Jones Sustainability Indices. The Dow Jones Sustainability Indices (DJSI) are the longest-running benchmarks to assess the sustainability performance of the world's largest companies. Alcoa's name has been included in the DJSI every year since the inception of the annual listings in 1999. “Sustainability is embedd

Alcoa Recognized for ESG Leadership by the Dow Jones Sustainability Indices

Alcoa stock has jumped 8.5% in just the last one week and has surpassed $50 level, outperforming the S&P 500 which declined marginally in the last week. If you look at the change in the stock over the last ten days and one month, AA stock has increased (13% and 6.8%, respectively) and outperformed.

Alcoa Stock Above $50 – What's Behind This Surge?

The economic backdrop is positive. The basic materials sector is poised to outperform the SPY.

Alcoa Is Positioned For A Move Higher (The Momentum Investor)

FYI Resources Ltd (ASX:FYI) and alumina refiner Alcoa (NYSE:AA) Australia Ltd are readying for an extended high purity alumina (HPA) production trial. The extended study, set to kick off on Tuesday, November 16, will take place at FYI's pilot plant facility in Welshpool, Western Australia.

FYI Resources and Alcoa Australia embark on extended HPA pilot plant trial

Companhia Siderurgica Nacional

An S&P Global analyst sees four strong years of metals demand ahead.

Why Metals Stocks Are Red-Hot Today

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that William F. Oplinger, Alcoa's Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the virtual Goldman Sachs Global Metals & Mining Conference, beginning at 10:00 a.m. EST on Wednesday, November 17, 2021. The question and answer session will follow introductory comments by Mr. Oplinger regarding the business and outlook. A real-time audio webcast of this sessio

William F. Oplinger, Alcoa's EVP and CFO, to Participate in Conference Hosted by Goldman Sachs

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. (NYSE: AA) today unveiled a technology roadmap to support the Company's vision to reinvent the aluminum industry for a sustainable future. The technologies in Alcoa's roadmap, including a new, proprietary post-consumer scrap recycling process, have the potential to decarbonize a significant portion of the upstream aluminum supply chain and provide a competitive advantage in a carbon-constrained world. Materials regarding the technologies are included wit

Alcoa Announces Technology Roadmap to Support Its Vision to Reinvent the Aluminum Industry for a Sustainable Future

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today that the Portland Aluminium joint venture plans to restart 35,000 metric tons per year (mtpy) of curtailed capacity at its aluminum smelter in the State of Victoria in Australia. The process to restart the capacity, which has been idle since 2009, will begin immediately, with metal production expected to start in the third quarter of 2022. Portland Aluminium is an unincorporated joint venture with 358,000 mtpy of total ca

Alcoa Plans to Restart Curtailed Aluminum Smelting Capacity at Portland Aluminium in Australia

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) announced today it has completed the sale of land and industrial assets in the state of Texas in a transaction valued at $240 million. The sale included approximately 31,000 acres in Milam and Lee Counties and was marketed as the Sandow Lakes Ranch, which includes the site of the former Rockdale aluminum smelter. The Rockdale smelter was fully curtailed in 2008 and was permanently closed in 2017. The transaction, which was completed on F

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