Alcoa to buy Australian partner Alumina in $2.2bn all-stock deal
Alcoa will buy Alumina in an all-stock deal that values the Australian firm at $2.2 billion, and makes the US company one of the world’s largest producers of alumina and bauxite.
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Alcoa bids $2.2 billion for Australian partner to control assets
US aluminum producer Alcoa Corp. made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. to consolidate ownership of key upstream assets with long-term demand for the metal forecast to rise.
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Alcoa powers up in Brazil as China aluminum powers down
Mining News Pro - After six years of lying idle the Alumar aluminum smelter in Brazil is about to restart operations.
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K2fly onwards and upwards with Alcoa deal
Mining News Pro - Alcoa has signed K2fly to a tailings management contract across seven bauxite mines globally, furthering the industry’s commitment to the Global Industry Standard on Tailings Management (GISTM).
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Alcoa ponders FYI Resources partnership
Mining News Pro - Alcoa of Australia and FYI Resources have started negotiations around forming a joint venture to develop high purity alumina opportunities.
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Alcoa CEO sees ‘game changer’ in China’s aluminium curbs
Mining News Pro - Signs that China is taking meaningful steps to rein in aluminum production is a “game-changer” for the long-term outlook after years of gluts in the industry, Alcoa’s CEO said.
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Australian Government throws Portland smelter subsidy at Alcoa
Mining News Pro - Alcoa has received a lifeline from the Australian Government to keep its Portland aluminium smelter in Victoria open beyond mid-2021.
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Alcoa boosts alumina shipments following record bauxite production
Mining News Pro - Alcoa Corporation president and chief executive Roy Harvey has praised the company’s productivity, with record bauxite output driving stability across the company.
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Alcoa strikes gas deals for WA alumina refineries
Mining News Pro - Alcoa of Australia has signed three gas sales agreements that will power its Western Australia alumina refineries starting 2024.
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Alcoa unveils industry-first low-carbon alumina
Mining News Pro - Alcoa has expanded its alumina offering to produce the industry’s first low-carbon, smelter-grade brand, EcoSource.
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Alcoa to boost alumina refining capacity
Mining News Pro - Alcoa of Australia has inked an agreement with FYI Resources for the potential development of high purity alumina (HPA) refining technologies.
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Alcoa to strengthen WA operations with new recruitment drive
Mining News Pro - Alcoa has launched its 2021 recruitment campaign for apprentices in the face of COVID-19 and a weakened economy.
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Alcoa to boost Australian production, cut Spanish workforce
Mining News Pro - Alcoa of Australia has proposed multiple expansion plans for its Pinjarra alumina refinery and Huntly bauxite mine in Western Australia.
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Alcoa hands contract to Worley amid assets review
Mining News Pro - Alcoa of Australia has awarded a three-year services contract to Worley for its mining, refining and smelting operations.
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Visit: 848
Alcoa updates 2020 aluminum shipments outlook
Mining News Pro - Alcoa has taken a hit from lower aluminium prices and reduced its production volume during the first quarter of this year.
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Reeling aluminum market braces for Alcoa’s outlook
Mining News Pro - With the coronavirus crisis clouding the outlook for almost every industry, the aluminum market is hoping to get at least a glimpse of what’s in store from top U.S. producer Alcoa Corp. on Wednesday.
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Reeling aluminum market braces for mining giant Alcoa’s outlook
Mining News Pro - With the coronavirus crisis clouding the outlook for almost every industry, the aluminum market is hoping to get at least a glimpse of what’s in store from top US producer Alcoa on Wednesday.
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Apple buys first-ever carbon-free aluminum from Alcoa-Rio Tinto venture
Mining News Pro - Apple Inc on Thursday said it has bought the first-ever commercial batch of carbon-free aluminum from a joint venture between two of the world’s biggest aluminum suppliers.
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Alcoa beats profit estimates on strength in alumina segment
Mining News Pro - Does not provide EBITDA forecast, shares reverse course
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Alcoa shores up gas supply for Western Australia alumina refineries
Mining News Pro - Alcoa of Australia has secured three new gas supply agreements which, combined, will supply close to 25% of the company’s requirements in Western Australia from 2020.
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Western Australia union says it sees Alcoa alumina output hit by strike
Mining News Pro - Alcoa`s alumina production has likely been hit by a four-week strike at its Western Australian operations, the Australian Workers` Union said on Wednesday, raising the prospect of a widening supply deficit in the key aluminium-making ingredient.
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METALS-Aluminium gains as Alcoa strikes, Rusal sanctions stoke supply fears
Mining News Pro - Aluminium prices rose strongly for a second day on Thursday, hitting their highest since late June after a strike at Alcoa alumina refineries in Australia and warnings of shutdowns by Rusal revived concerns of supply shortages. Benchmark aluminium on the London Metal Exchange (LME) did not trade in official rings but was bid up 1.4 percent at $2,136 a tonne after rising 3.3 percent on Wednesday. It hit a 15-week low of $2,000.85 in late July on expectations that the United States would allow aluminium made by Rusal, the biggest producer outside China, to keep trading on global markets and trade disputes would weaken metals demand.
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Alcoa asks for tariff exemption on imports of Canadian aluminum
Mining News Pro - WASHINGTON, Aug 6 (Reuters) - Alcoa Corp on Monday asked the U.S. Commerce Department to exclude its purchases of a type of aluminum from Canada that is used to make cans from tariffs the Trump Administration levied on aluminum and steel in June.
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Alcoa asks US government for tariff exemption on Canadian aluminum
Mining News Pro - WASHINGTON – Alcoa Corp on Monday asked the US.Commerce Department to exempt from tariffs its purchases of 40 000 metric tons of Canadian aluminum used to make beverage cans, adding to thousands of requests for such relief.
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