Fifth paragraph, second sentence of release should read: 358,000 metric tons per year (instead of 385,000 metric tons per year). The corrected release reads: PORTLAND ALUMINIUM SMELTER IN VICTORIA, AUSTRALIA TO RESTART CAPACITY LOST AFTER POWER OUTAGE Victorian and Australian Governments sign agreements with Alcoa Alcoa and AGL decide on energy supply The Victorian and Australian governments and Alcoa Corporation [...]
The Victorian and Australian governments and Alcoa Corporation (NYSE: AA) today announced the Portland Aluminium smelter will restart capacity that had been lost due to a December power outage. In addition, Alcoa and energy provider AGL reached an agreement related to the electricity supply for the smelter. The four-year agreements with the governments and AGL will better position Portland Aluminium against market [...]
Alcoa (NYSE:AA) plans to announce its fourth quarter and year-end 2016 financial results on Tuesday, January 24, 2017 after the market closes. The press release containing the financial results will be available on the “Investors” section of Alcoa’s website, http://investors.alcoa.com, and a link to the press release will also be available on Alcoa’s twitter handle @Alcoa at www.twitter.com/Alcoa [...]
Alcoa Corporation (NYSE: AA) today announced that it intends to permanently close the Suralco alumina refinery and bauxite mines in Suriname, fully curtailed since November 2015. The Government of the Republic of Suriname and Alcoa continue to develop definitive agreements concerning Suralco’s remaining activities in the country and the future of the bauxite industry in Suriname. Pending completion of those [...]
Alcoa Corporation (NYSE: AA), the world’s largest bauxite miner, today announced that Alcoa World Alumina and Chemicals (AWAC) has secured its first major third-party contract to supply approximately 400,000 bone dry metric tons (bdmt) of bauxite from its Huntly mine in Western Australia (WA), furthering Alcoa’s strategy to grow its third-party bauxite business. “This Western Australian contract comes [...]
Alcoa Corporation (NYSE:AA) today announced that Molly Beerman has been named Vice President and Controller of the Company, and she will serve as principal accounting officer, effective Dec. 9. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161206006271/en/ Molly Beerman was named Vice President and Controller for Alcoa Corporation effective December 9 [...]
Alcoa Corporation (NYSE:AA) today announced that Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 2016 Goldman Sachs Metals and Mining Conference on Wednesday, Nov. 16, in New York. Mr. Oplinger’s presentation will start at 8:15 a.m. ET. He will provide an overview of the Company’s industry leading bauxite, alumina and aluminum products portfolio. Mr [...]
Alcoa Corporation (NYSE: AA) today announced that it has completed the separation from its parent company Alcoa Inc. (now named Arconic Inc.) and has begun operating as an independent, publicly-traded company listed on the New York Stock Exchange under the symbol “AA.” Alcoa Corporation is a globally cost-competitive industry leader in bauxite, alumina and aluminum products, positioned to succeed throughout [...]
A Spin Out from an S&P/TSX Global Mining Index Constituent TORONTO, Oct. 24, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Alcoa Inc. (NYSE:AA) will spin out its bauxite, aluminum and casting operations into a new company to be named Alcoa Corp. (NYSE:AA). Alcoa Inc. shareholders will receive one share of the new Alcoa Corp. for every three shares held [...]
On September 29, 2016, the Board of Directors (the “Board”) of Alcoa Inc. (NYSE:AA) (the “Company”) declared a quarterly common stock dividend of 9 cents per share, payable on November 25, 2016, to holders of record as of the close of business on November 4, 2016. The Company’s separation into two publicly-traded companies is scheduled to occur on November 1, 2016. For administrative reasons [...]
Alcoa Inc. (NYSE:AA) today announced that future companies, Arconic and Alcoa Corporation, will each host investor events in October. The separation of Alcoa Inc. into two standalone public companies is scheduled to become effective before the opening of the market on November 1, 2016. Arconic will trade on the New York Stock Exchange under the symbol “ARNC;” Alcoa Corporation will be listed on the NYSE under [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported third quarter 2016 results. In spite of near-term market challenges, Arconic segments reported combined year-over-year profit growth, and Alcoa Corporation segments, Alumina and Primary Metals, maintained profitability sequentially despite continued low alumina and aluminum pricing by proactively managing costs and capacity. The Company’s separation is [...]