Alcoa Corp.

Alcoa (NYSE: AA) has submitted a letter to the London Metal Exchange (LME) to comment on proposed warehouse rule changes and to recommend solutions to effectively address the business needs of aluminum producers and consumers. Commenting on the proposed changes, Alcoa Chairman and CEO Klaus Kleinfeld said, "The proposed changes to the LME warehousing rules are trying to solve a non-existent metal availability problem [...]

The composition of the Dow Jones Industrial Average has no impact on Alcoa’s ability to successfully execute our strategy, and we remain focused on delivering shareholder value. We continue to grow our value-add businesses and capture growth opportunities in end markets like aerospace and automotive. At the same time we are optimizing our upstream competitiveness. We are focused on the things we can control, pressing our [...]

Alcoa (NYSE:AA) today announced it will combine its group charged with recycling aluminum in the packaging market, Evermore Recycling, with its aluminum scrap purchasing group which recycles aluminum used in other markets such as aerospace, automotive, and industrial into a single organization -- “Alcoa Recycling” – to further increase the amount of aluminum that is converted back into new products. Across its used [...]

Tennessee Governor Bill Haslam, U.S. Senator Lamar Alexander, Congressman John Duncan and other local and state officials joined Alcoa (NYSE: AA) Chairman and CEO Klaus Kleinfeld today to break ground on a $275 million expansion of Alcoa’s Tennessee Operations to meet growing aluminum demand for auto production. Aluminum, already the number two material used to build cars, is expected to nearly double by 2025. The [...]

Alcoa (NYSE:AA) today announced promotions that will extend Alcoa’s leadership in the area of environment, health and safety, and enhance the company’s business development and asset management capabilities worldwide. Mike Barriere, Executive Vice President, Human Resources and Environment, Health and Safety (EHS). (Photo: Business Wire) Mike Barriere, Vice Presi...

Alcoa Foundation announced today in partnership with Earthwatch Institute that 27 Alcoa (NYSE: AA) employees have been selected to research environmental challenges in Brazil, Canada and China. Earthwatch is an environmental organization, whose mission is to promote the understanding and act...

Alcoa (NYSE: AA) today announced that it will close or curtail 164,000 metric tons (mt) of smelting capacity in the United States and Brazil as part of its smelting capacity review that was announced in May. One potline representing 40,000 metric tons at the Massena East plant in New York will be permanently closed. In addition, the Company has started to temporarily curtail 124,000 metric tons at its smelters in [...]

Alcoa (NYSE:AA) announces that effective September 1 Libby Archell is appointed Vice President of Corporate Affairs. Reporting to Klaus Kleinfeld, Alcoa Chairman and CEO, Ms. Archell will be a member of Alcoa’s Executive Council and have responsibility for communications activities that impact Alcoa’s reputation, relationships with the media and employee engagement. Libby Archell rejoins Alcoa as Vice President [...]

The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable August 26, 2013 to shareholders of record at the close of business on August 9, 2013 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2013 to shareholders of record at the close of business on September 13, 2013. About AlcoaAlcoa is the [...]

Solid Revenue of $5.8 BillionPositive Free Cash FlowProductivity
Gains Help Offset Lower Aluminum PricesRecord Profitability in
Engineered Products and SolutionsSpecial Items of $195 Million2013
Forecast of 7 Percent Global Aluminum Demand Growth Reaffirmed
2Q 2013 Highlights
Net loss of $119 million, or $0.11 per share; excluding special items,
net income of $76 million [...]