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.

Freeport-McMoRan

Morgan Stanley analyst Carlos De Alba upgraded both aluminum producer Alcoa and copper miner Freeport-McMoRan stock to Buy from Hold. EVs and HVACs will drive up the metals' prices.

Buy Freeport-McMoRan, Alcoa Stocks to Bet on Copper, Aluminum, Says Analyst

Start Time: 09:10 January 1, 0000 9:35 AM ET Alcoa Corporation (NYSE:AA ) JPMorgan Energy, Power and Renewables Conference June 18, 2024, 09:10 AM ET Company Participants Molly Beerman - EVP and CFO Conference Call Participants Unidentified Analyst Good morning, everyone, and welcome back to the 2024 JPMorgan Energy, Power and Renewables Conference. We are very grateful to be hosting Alcoa this morning, and we are joined by Molly Beerman, the company's CFO.

Alcoa Corporation (AA) Presents at JPMorgan Energy, Power and Renewables Conference (Transcript)

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA or “Alcoa”) today announced that it has reached several key milestones in its acquisition of Alumina Limited (“Alumina”) and expects the transaction to be completed on or about August 1, 2024, subject to the satisfaction of customary conditions. The milestones include: Alcoa filed its definitive proxy statement with the Securities and Exchange Commission on June 6, 2024, and scheduled the Special Meeting of Shareholders to vote on the tra.

Alcoa Provides Update on Transaction Milestones for Acquisition of Alumina Limited

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in a webcast session at the JP Morgan 2024 Energy, Power & Renewables Conference in New York, New York, on Tuesday, June 18, 2024. At 9:10 a.m. EDT, Beerman will participate in a question-and-answer session regarding Alcoa's business, the announced acquisition of Alumina Limited, and outlook in the current market, including factors that could affect the Compa.

Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to participate in JP Morgan 2024 Energy, Power & Renewables Conference

VANCOUVER, British Columbia, June 10, 2024 (GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd. (TSX-V: GQ) (“Great Quest” or the “Company”) announces its intention to change its name to “Great Quest Gold Ltd.

Great Quest Announces Name Change

Arcadium Lithium PLC

Lithium Americas Corp

NexGen Energy

Teck Resources

Wheaton Precious Metals

Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.

The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. (NYSE: AA or “Alcoa”) today announced it has entered into a Deed of Amendment and Restatement (the “Amendment”) of the Scheme Implementation Deed previously announced March 11, 2024 (the “Agreement”) with Alumina Limited in relation to the acquisition of Alumina Limited (the "Scheme"). Alumina Limited shareholders will continue to receive the previously announced Scheme Consideration of 0.02854 New CHESS Depositary Interests (“New Alcoa CDIs") or equival.

Alcoa Announces Update on Acquisition of Alumina Limited

Alcoa Corporation (NYSE:AA ) BofA Securities 2024 Global Metals, Mining & Steel Conference Transcript May 14, 2024 3:00 AM ET Executives Bill Oplinger - President and CEO Analysts James Hetherington - Bank of America, Australian Sales Desk James Hetherington My name is James Hetherington, I'm from BofA's Australian Sales Desk. It's my great pleasure to introduce this afternoon Bill Oplinger, President and CEO of Alcoa Corp. As most of you will know, Bill has performed a number of roles at Alcoa over the past couple of decades, becoming President and CEO last year.

Alcoa Corporation (AA) Management Presents at BofA Securities 2024 Global Metals, Mining & Steel Conference (Transcript)

The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a rollercoaster ride. While the sector benefited from the post-pandemic economic recovery and increased demand for commodities, the tides have started to turn for these materials stocks to sell.

3 Materials Stocks to Sell in May Before They Crash & Burn

Alcoa Corp  (NYSE:AA) stock is down 3.1% to trade at $36.41 at last check, looking to snap a four-day win streak as it pulls back from an April 29, 52-week high of $38.20.

Alcoa Stock's Pullback May Not Last Long

Boise Cascade

Eagle Materials

Superior Industries International

United States Lime & Minerals, Inc.

Vale S.A.

Vulcan Materials

There are some undervalued materials stocks for investors to consider buying in May. These companies are well-positioned to benefit from rising demand and prices for raw materials and commodities.

The 7 Most Undervalued Materials Stocks to Buy in May 2024

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation President and Chief Executive Officer William F. Oplinger will participate in a webcast session at the Bank of America Global Metals, Mining & Steel Conference in Miami, Florida, on Tuesday, May 14, 2024. At 3:00 p.m. EDT, Oplinger will deliver a presentation regarding Alcoa's business, the announced acquisition of Alumina Limited, and outlook in the current market, including factors that could affect the Company's present quarter's financial r.

Alcoa President and Chief Executive Officer William Oplinger to Participate in BofA Securities 2024 Global Metals, Mining & Steel Conference

Allegheny Technologies

ArcelorMittal

The U.S. economy is pivoting into a new path for the year. After briefly jumping into its first expansionary reading in more than a year and a half, the ISM manufacturing PMI index just fell back into contraction for April.

3 Metal Stocks Setting Up for Double-Digit Growth

Recently, Zacks.com users have been paying close attention to Alcoa (AA). This makes it worthwhile to examine what the stock has in store.

Alcoa (AA) is Attracting Investor Attention: Here is What You Should Know

Century Aluminum

On April 12, 2024, the United States Department of the Treasury and the United Kingdom issued two new prohibitions on Russian-origin metals. The new measures prohibit the United States from importing Russian-origin aluminum, copper and nickel.

2 Stocks to Benefit From New Sanctions on Russian Aluminum

Alcoa Corp (NYSE:AA) stock is up 1.7% to trade at $35.86 this morning, after Morgan Stanley issued an upgrade to "equal weight" from "underweight," to go with a price-target hike to $36.50 from $28.50.

Analyst: Alcoa Stock Sports Strong Setup

The headline numbers for Alcoa (AA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Alcoa (AA) Q1 Earnings

Alcoa Corporation (NYSE:AA ) Q1 2024 Earnings Conference Call April 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 Lucas Pipes - B. Riley Chris LaFemina - Jefferies Alex Hacking - Citi Lawson Winder - Bank of America Bill Peterson - JPMorgan Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Katja Jancic - BMO Capital Markets Michael Dudas - Vertical Research John Tumazos - John Tumazos Very Independent Research Operator Good afternoon, and welcome to the Alcoa Corporation First Quarter 2024 Earnings Presentation and Conference Call.

Alcoa Corporation (AA) Q1 2024 Earnings Call Transcript

Alcoa AA posted a wider loss in the first quarter after lower aluminum prices and higher production costs dented results.

Alcoa's first-quarter loss widens on lower prices, higher costs

Alcoa (AA) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $0.23 per share a year ago.

Alcoa (AA) Reports Q1 Loss, Tops Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corp. reports 2024 first quarter results.

Alcoa Corporation Reports First Quarter 2024 Results

Alcoa Corp  (NYSE:AA) stock is in rally mode ahead of its first-quarter earnings report, which is due out after the market close on Wednesday, April 17.

Aluminum Stock in Rally Mode Before Earnings

The new US and UK sanctions on Russian metals should be good for aluminum, copper and nickel producers, analysts at Jefferies suggest, as prices are likely to gain support. The ban applies to metal produced after 12 April, with preexisting stocks exempt from the sanctions.

New Russian metals ban in London and Chicago to benefit aluminum, copper and nickel - analyst

Rio Tinto plc Sponsored

Prices for aluminum and nickel soared in London on Monday, and Alcoa shares jumped, following the ban on fresh trading of Russian-origin metals by U.S. and U.K. authorities over the weekend.

Aluminum, nickel prices surge after fresh sanctions on Russian metals

Alcoa's (AA) first-quarter 2024 results are expected to bear the brunt of decreasing value-add product sales due to overall lower market demand. However, lower raw material and production costs are expected to provide some relief.

News for Alcoa Stock (AA)