Alcoa Corp.

Lightweight metals leader Alcoa (NYSE: AA) today announced that it will curtail the remaining 74,000 metric tons of smelting capacity at its São Luís (Alumar) facility in Brazil. The decision is aligned with the Company’s recent announcement to evaluate upstream capacity for possible curtailment, closure or sale as Alcoa further optimizes its commodity portfolio. The curtailment is expected to [...]

Lightweight metals leader Alcoa (NYSE: AA) today announced that it plans to curtail 443,000 metric tons per year (mtpy) of alumina refining capacity at Suralco in Suriname. In addition, the Company and the Government of Suriname have agreed to pursue a transaction for a Government-owned entity to acquire the Suralco operations. The curtailment and potential transaction are in line with Alcoa’s recent announcement to [...]

Lightweight, high-performance metals leader Alcoa (NYSE:AA) is announcing another major milestone in its transformation, further building its value-add portfolio for profitable growth. The Company has signed a definitive agreement to acquire RTI International Metals, Inc. (NYSE:RTI), a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device [...]

Lightweight metals leader Alcoa (NYSE:AA) today announced that it is continuing to aggressively transform its upstream portfolio to create a lower cost, globally competitive commodity business. The Company said over the next twelve months it will review 500,000 metric tons of smelting capacity and 2.8 million metric tons of refining capacity for possible curtailment or divestiture. The review will include facilities [...]

Lightweight metals leader Alcoa (NYSE:AA) today announced that José Aurélio Drummond will join the Company as President of Latin America effective March 9, 2015. Mr. Drummond, 50, will lead Alcoa’s Latin America region, supporting the Company’s transformation strategy through which Alcoa is growing its value-add businesses and creating a globally competitive commodity business. Mr. Drummond currently serves on Alcoa’s [...]

Lightweight, high-performance metals leader Alcoa (NYSE: AA) today announced that it has completed the acquisition of privately held TITAL. Alcoa closed the transaction, which was announced on December 15, 2014, after receiving all of the required global regulatory approvals. TITAL is a leading manufacturer of titanium and aluminum structural castings for aircraft engines and airframes. This acquisition strengthens [...]

Alcoa (NYSE:AA) has once again been named the most admired metals company in the world by Fortune magazine. This is the fourth year in a row that Alcoa has been awarded the top position in the Metals category in the magazine's annual ranking on corporate reputation. Alcoa has been on Fortune's Most Admired List since the publication began its annual ranking more than 30 years ago. Alcoa received top scores in the [...]

Alcoa (NYSE:AA) announced today that Chairman and Chief Executive Officer Klaus Kleinfeld will present at the BMO Capital Markets 24th Global Metals & Mining Conference in Hollywood, Florida, on Monday, February 23, at 9:30 a.m. EST. Mr. Kleinfeld will discuss Alcoa's transformation strategy which encompasses growing the Company's innovative, value-add businesses to capture profitable growth, while simultaneously [...]

Alcoa (NYSE:AA) announced today that Nahla A. Azmy has joined Alcoa as Vice President, Investor Relations. Azmy had been Vice President, Investor Relations and Communications for Rockwood Holdings, Inc., a leading global specialty chemicals company. She succeeds Kelly Pasterick, who has been named to the position of Vice President, Global Financial Processes for Global Primary Products. Nahla Azmy joins Alcoa as Vice [...]

The Alcoa (NYSE:AA) alumina refinery in San Ciprian (Lugo, Spain) today officially transitioned from fuel oil to natural gas following the completion of a new gas pipeline. The US$25 million investment to convert the refinery to natural gas is consistent with the Company’s strategy to create a lower cost, globally competitive alumina business. “We are increasing the ability of our San Ciprian refinery to compete on a [...]