Welcome to our dedicated page for Alcoa news (Ticker: AA), a resource for investors and traders seeking the latest updates and insights on Alcoa stock.
Alcoa Corporation (NYSE: AA, ASX: AAI) generates a steady flow of news tied to its role in bauxite mining, alumina refining, and primary aluminum production. Investors following AA news see updates on operating performance, portfolio changes, technology initiatives, and capital allocation decisions that affect the company’s position along the aluminum value chain.
Regular earnings releases and conference calls provide detail on alumina and aluminum production, shipments, revenue, and cash flows, along with commentary on restructuring charges, asset optimization, and market conditions. Current reports on Form 8-K often accompany these announcements, furnishing press releases that summarize quarterly results or describe significant events such as asset closures and joint venture transactions.
Alcoa news also covers strategic moves in its asset base, including decisions to permanently close facilities such as the Kwinana alumina refinery in Western Australia, and agreements to sell interests in joint ventures like the Ma’aden partnership. These items help investors understand how Alcoa adjusts its portfolio in response to factors such as age, scale, operating costs, and resource quality.
Another important category of AA news involves technology and low-carbon initiatives. The company participates in the ELYSIS carbon-free smelting technology partnership and has highlighted the first use of aluminum produced with this process in consumer personal and home care packaging. In addition, Alcoa has reported on a gallium critical mineral development project at its Wagerup alumina refinery, supported by the United States and Australian governments and a joint venture with Japanese partners.
Capital and financing developments appear in Alcoa’s news flow as well, including the planned redemption of subsidiary notes and the declaration of quarterly cash dividends. Updates on long-term energy contracts, such as the agreement with the New York Power Authority for Massena Operations, and announcements about Investor Day events and participation in industry conferences, provide further context. For a consolidated view of these topics, readers can use this news page as a reference for Alcoa’s ongoing operational, financial, and strategic disclosures.
Alcoa Corporation (NYSE: AA) and joint venture partner IGNIS EQT announced the resumption of the San Ciprián smelter restart in Spain following a nationwide power outage on April 28 that affected both the refinery and smelter operations.
The restart decision comes after receiving assurances from the Spanish Government regarding grid resilience improvements and reliable energy supply. The joint venture expects the restart process to be completed by mid-2026.
Based on recent pricing, Alcoa projects a net loss of $90-110 million (pre-tax) for the smelter in 2025, equivalent to $0.35-0.42 per share. Cash used by operations is estimated at $110-130 million in 2025. These revised estimates reflect delays in restart completion and revenue shifting from 2025 to 2026.
Alcoa (NYSE: AA) has successfully completed the sale of its 25.1% ownership stake in the Ma'aden Joint Venture to Saudi Arabian Mining Company (Ma'aden) for a total consideration of approximately $1.35 billion. The transaction includes approximately 86 million Ma'aden shares valued at $1.2 billion and $150 million in cash, which will primarily cover taxes and transaction costs.
The company expects to record a gain of approximately $780 million in other income during Q3 2025. Following the transaction, Alcoa will maintain approximately 2% ownership in Ma'aden's current shares outstanding, with a mandatory three-year holding period. The shares can be sold in thirds after the third, fourth, and fifth anniversaries of the closing, with provisions for hedging and borrowing against the shares during the holding period.
The Ma'aden Joint Venture, established in 2009, operates as an integrated mining complex in Saudi Arabia, comprising the Ma'aden Bauxite and Alumina Company (MBAC) and the Ma'aden Aluminum Company (MAC).
Alcoa Corporation (NYSE: AA) has announced a quarterly cash dividend payment. The company will distribute $0.10 per share for both its common stock and Series A convertible preferred stock. The dividend will be paid on June 6, 2025, to stockholders who are on record as of the market close on May 20, 2025.
Alcoa Corporation (NYSE: AA) has appointed Thomas J. Gorman as non-executive Chairman of the Board, effective May 8, 2025. Gorman, who has served as an independent director since May 2021, succeeds Steven W. Williams, who stepped down after over eight years of service. Gorman brings over 35 years of global business experience, having previously served as CEO of Brambles Ltd. and held senior executive positions at Ford Motor Company. He most recently served as Chair of Alcoa's People and Compensation Committee and was a member of the Governance and Nominating Committee.
Alcoa Corporation (AA) announced that President and CEO William F. Oplinger will participate in the Bank of America Global Metals, Mining & Steel Conference in Barcelona, Spain, on May 14, 2025. The Q&A session will begin at 5:15 a.m. EDT, focusing on Alcoa's business outlook and current market conditions.
A slide presentation will be available on Alcoa's website starting May 13, 2025, at 7:00 a.m. EDT. Investors can access the live audio webcast, transcript, and replay of the session through the "Investors" section of www.alcoa.com.
Alcoa has received a favorable ruling from Australia's Administrative Review Tribunal (ART) regarding a tax dispute with the Australian Taxation Office (ATO). The case centered on transfer pricing of historic third-party alumina sales, with the ART deciding that no additional tax is owed.
Key financial implications:
- Prepaid Amount: $67 million (A$107 million) paid in Q3 2020
- Expected Refund: $67 million (A$107 million) in June 2025 if ATO doesn't appeal
- Future Tax Payment: $216 million (A$343 million) due by June 2026
- Net Cash Impact: $149 million (A$236 million) over 14 months
The ATO has 28 days to appeal the decision. If no appeal is made, the disputed tax claims, including interest and penalties, will be withdrawn.
Alcoa has reported a significant operational disruption at its San Ciprián complex in Spain following a country-wide power outage on April 28. The widespread blackout affected both the facility's refinery and smelter operations.
The aluminum producer is currently conducting a comprehensive assessment to evaluate the full scope of operational and financial impacts on the facility. The company's statement, issued from Pittsburgh, acknowledges the incident but has not yet provided specific details about the extent of the disruption or expected recovery timeline.