Alcoa Corp Stock Price, News & Analysis

Alcoa (NYSE:AA) will participate in a live webcast session at Citi’s 2025 Basic Materials Conference in New York on December 3, 2025. An Alcoa executive will take part in a Q&A at 1:00 p.m. ET covering Alcoa’s business, outlook, and factors that could affect the present quarter’s financial results.

A slide presentation will be available on Alcoa’s Investors website beginning at approximately 7:00 a.m. ET on December 3, 2025. The live audio webcast, plus transcript and audio replay after the session, will be accessible from the same Investors page.

Alcoa (NYSE: AA), Ball (NYSE: BALL) and Unilever (NYSE: UL) announced the first use of ELYSIS® carbon-free smelting aluminum in consumer personal and home care packaging on November 6, 2025. The debut aerosol can is made with 50% ELYSIS primary aluminum and 50% post-consumer recycled content, and the ELYSIS process is described as eliminating direct greenhouse gas emissions by generating oxygen instead of CO2. The collaboration aligns with COP30 timing and is presented as a model for cross-value-chain decarbonization and low-carbon packaging adoption.

Alcoa (NYSE: AA) reported 3Q25 revenue of $3.0 billion and net income of $232 million ($0.88 per share). Results included large one-time items: an $895 million restructuring charge for the permanent Kwinana refinery closure, a $786 million gain from sale of its Ma’aden JV interest and a $267 million mark-to-market gain on Ma’aden shares. Adjusted net loss was $6 million and Adjusted EBITDA excluding special items was $270 million. Cash at quarter end was $1.5 billion. Operational notes: higher alumina and aluminum production, Massena long-term energy contract and government support for a proposed Wagerup gallium plant. Australia mine approvals expected with WA EPA assessment by June 2026 and Ministerial decisions by end-2026.

Alcoa (NYSE: AA) announced a quarterly cash dividend of $0.10 per share for common stock and Series A convertible preferred stock. The dividend will be paid on November 21, 2025 to shareholders of record as of the close of business on November 4, 2025.

Alcoa (NYSE: AA) announced a 10-year energy contract with New York Power Authority providing 240 megawatts of competitively priced renewable energy effective April 1, 2026, with options to extend two additional five-year terms. Alcoa also disclosed an approximately $60 million capital investment through 2028 to rebuild and modernize the Massena Operations anode baking furnace, supported by an ~$6 million grant from Empire State Development.

Massena has a nameplate capacity of 130,000 metric tons, employs about 550 workers, and contributed $66 million in direct payroll and $90 million in supplier contracts in 2024.

Alcoa (NYSE: AA) welcomed U.S. and Australian government support to advance a gallium plant co-located at its Wagerup alumina refinery in Western Australia. The proposed plant, to be operated by Alcoa, is expected to produce 100 metric tons of gallium annually. Under a non-binding framework, a U.S.–Australia–Alcoa SPV would join the existing JDA with Japan Australia Gallium Associates and Sojitz, with governments and Alcoa providing capital and receiving proportional offtake.

Definitive agreements among the U.S., Australia, Japan, Alcoa and Sojitz will follow feasibility work. The parties are targeting a 2026 final investment decision and production.

Alcoa Foundation (NYSE: AA) awarded grants to two Pittsburgh organizations to expand STEM/STEAM access for underserved students on October 20, 2025. The Rivers of Steel grant will fund the Full STEAM Ahead K–12 program at the Carrie Blast Furnaces, covering metal arts, environmental science and industrial history. The Pittsburgh Penguins Foundation grant will fund the prototype of Science Champions, developed with the Children’s Museum of Pittsburgh, aligning curriculum with Pennsylvania’s new STEELS standards and West Virginia’s College Readiness program.

The prototype will engage 40 educators across 36 schools, and together the two programs are expected to reach more than 2,000 students and educators across Western Pennsylvania and Northern West Virginia.

Alcoa (NYSE: AA) will host an Investor Day on Thursday, October 30, 2025 at the New York Stock Exchange and via live webcast from 9:00 a.m. to 12:40 p.m. EDT.

The program will cover markets, operations, strategies, technologies, and capital allocation and will feature CEO William F. Oplinger and senior executives including the CFO Molly Beerman and other EVPs. A live Q&A with members of the executive team will follow presentations.

Slide materials will be posted at ~7:00 a.m. EDT on October 30 on Alcoa's Investors website. The live webcast is listen-and-view only; written questions may be submitted via the webcast chat. A replay, video presentations, and transcript will be available on the Investors site for one year. In-person attendance is available subject to space by contacting investor.relations@alcoa.com.

Alcoa (NYSE: AA) has announced the permanent closure of its Kwinana alumina refinery in Western Australia, following its curtailment in June 2024. The decision comes after multiple unsuccessful attempts to find a sustainable restart path, citing factors such as facility age, operating costs, and bauxite grade challenges.

The closure will result in restructuring charges of $890 million ($623 million after-tax) in Q3 2025, including $375 million in non-cash asset impairment charges. Cash outlays for the closure are expected to reach $600 million over six years. The closure affects approximately 220 employees and will reduce Alcoa's global consolidated refining capacity from 13.9 to 11.7 million metric tons.