Alcoa Corp. announced today a proposed offering of senior notes by Alcoa Nederland Holding B.V. , a wholly-owned subsidiary of Alcoa. The timing of pricing and terms of the notes are subject to market conditions and other factors. The issuer intends to use the net proceeds from the issuance of the notes being offered for general corporate purposes, including adding cash to the balance sheet. The notes will be guaranteed [...]
Alcoa Corp. today released preliminary second quarter 2020 results that show the Company’s cash balance rising to more than $950 million with improved productivity and continued stability in operations during the coronavirus pandemic. M, except per share amounts 2Q20 preliminary 1Q20 2Q19 Revenue $2,100 - $2,175 $2,381 $2,711 Net income attributable to Alcoa Corp. $ - $ $80 $ earnings per share attributable to [...]
Alcoa Corp., a global leader in bauxite, alumina and aluminum, today announced that it plans to begin, on June 25, 2020, a formal process for the collective dismissal of employees at its San Ciprián aluminum facility in Spain. On May 28, 2020, Alcoa launched an informal process with the workers’ representatives to discuss significant and unsustainable circumstances at the aluminum plant. The Company now intends to begin [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, announced today that William F. Oplinger, Executive Vice President and Chief Financial Officer, will present at the virtual 11th Annual Deutsche Bank Global Industrials & Materials Summit on Monday, June 8, 2020. Mr. Oplinger’s presentation will be available through a live audio webcast beginning at approximately 11:15 a.m. EDT on Monday, June 8, on [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, announced today that Roy C. Harvey, President and Chief Executive Officer, and William F. Oplinger, Executive Vice President and Chief Financial Officer, will participate in a virtual question and answer session at the Bank of America Securities 2020 Global Metals, Mining & Steel Conference on Thursday, May 14, 2020. The session will be available [...]
Alcoa Corp. , a global leader in bauxite, alumina, and aluminum products, today reported first quarter 2020 results. M, except per share amounts 1Q20 4Q19 1Q19 Revenue $2,381 $2,436 $2,719 Net income attributable to Alcoa Corp. $80 $ $ Earnings per share attributable to Alcoa Corp. $0.43 $ $ Adjusted net loss $ $ $ Adjusted loss per share $ $ $ Adjusted EBITDA excluding special items $321 $346 $467 “While we reported a [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, today announced a change in the format of its Annual Meeting of Stockholders from in-person to virtual-only. Due to the public health impact of the coronavirus pandemic and to support the health and well-being of our stockholders, employees, and their families, the Company will hold its Annual Meeting in a virtual meeting format only, via webcast. As [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, plans to announce its first quarter 2020 financial results on Wednesday, April 22, 2020 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 [...]
Alcoa Corp., a global leader in bauxite, alumina and aluminum, today announced that the Aluminum Stewardship Initiative has certified the Company to market products under ASI’s Chain of Custody standard. ASI has the industry’s most comprehensive system for third-party certification of sustainable manufacturing practices. The global non-profit includes multiple stakeholders in its certification process [...]
Alcoa Corp., a global leader in bauxite, alumina and aluminum products, announced today that its President and Chief Executive Officer Roy Harvey will present at the BMO Capital Markets 29th Global Metals & Mining Conference in Hollywood, Florida, on Tuesday, February 25, 2020, at 11:30 a.m. EST. Mr. Harvey’s presentation will be available through a real-time, live audio webcast on the “Investors&rdquo [...]
Alcoa Corp., a global leader in bauxite, alumina and aluminum, has been recognized as the top aluminum industry performer in The Sustainability Yearbook 2020, a comprehensive guide that provides in-depth analysis on environmental, social and governance criteria . The Sustainability Yearbook, published by S&P Global, uses the SAM Corporate Sustainability Assessment, which also informs other ESG-related assessments [...]
Alcoa Corp., a global leader in bauxite, alumina, and aluminum products, today announced that it has completed the sale of Elemental Environmental Solutions LLC , a wholly-owned Alcoa subsidiary that operates a 1,300-acre hazardous waste treatment business in Gum Springs, Arkansas. The sale of EES to Veolia ES Technical Solutions, LLC is part of the Company’s plan to pursue sales of non-core assets with the goal of [...]