Alcoa Corp SEC Filings

Alcoa Corporation announced that its wholly owned subsidiary Alcoa Nederland Holding B.V. has elected to redeem all of its outstanding 5.500% Notes due 2027, with an aggregate principal amount of $140,899,000. The notes will be redeemed on December 15, 2025 at 100.000% of principal, plus accrued and unpaid interest to, but not including, the redemption date. The notes are guaranteed on a senior unsecured basis by Alcoa Corporation and certain subsidiaries. The company also issued a press release describing the planned redemption, which is attached as an exhibit.

Allan Gray Australia Pty Ltd filed Amendment No. 3 to Schedule 13G disclosing beneficial ownership of 14,394,651 CHESS Depositary Interests, each representing 1 unit of Alcoa Corp (AA) common stock, equal to 5.6% of the class as of 09/30/2025.

The firm reports sole voting power over 14,394,651 and sole dispositive power over 14,394,651, with no shared voting or dispositive power. Item 6 notes that other persons have rights to receive dividends or proceeds from these securities held by Allan Gray Australia Pty Ltd on their behalf. The certification states the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control.

Alcoa Corporation reported third-quarter results showing higher sales and a sharp jump in profitability. Sales were $2.995 billion, up from $2.904 billion a year ago. Net income attributable to Alcoa rose to $232 million, or $0.88 per diluted share, from $90 million, or $0.38, last year. Results reflect two large items: an $856 million charge tied to the permanent closure of the Kwinana alumina refinery, and sizable gains recognized in other income.

Alcoa completed the sale of its 25.1% stake in the Saudi Arabia joint venture, recording a $786 million gain, and booked a $267 million mark‑to‑market gain on Ma’aden shares received as part of the consideration. The Kwinana closure also included a $39 million inventory write‑down. Segment Adjusted EBITDA was $374 million, with Aluminum at $307 million and Alumina at $67 million. For the first nine months, sales reached $9.382 billion and net income attributable to Alcoa was $944 million.

Cash provided from operations for the nine months was $648 million. Cash and cash equivalents were $1.485 billion at September 30, 2025. The company expects approximately $600 million of cash outlays over six years related to Kwinana closure activities. Common shares outstanding were 258,964,032 as of October 23, 2025.

Alcoa Corporation furnished a Form 8-K to announce it issued a press release with its third quarter 2025 financial results. The press release is attached as Exhibit 99.1 and incorporated by reference into Item 2.02. The company specifies that the information under Item 2.02, including Exhibit 99.1, is deemed “furnished” and not “filed” under the Exchange Act. The filing also lists the company’s common stock (symbol AA) as traded on the NYSE.

Alcoa Corporation approved the permanent closure of its Kwinana alumina refinery in Western Australia, effective immediately. The refinery has been fully curtailed since June 2024 and has an annual nameplate capacity of 2.2 million metric tons.

In the third quarter of 2025, Alcoa will record total restructuring and related charges of approximately $890 million (about $623 million after tax, or $2.41 per share) tied to the closure, including approximately $375 million of non-cash impairment charges. The charges comprise about $425 million for asset retirement obligations and environmental remediation, $265 million of asset impairments, $110 million to write off remaining net book value of various assets, and $90 million of other costs.

Total cash outlays related to the closure are expected to approximate $600 million over the next six years, including about $75 million in the fourth quarter of 2025 for restructuring costs of $45 million and asset retirement obligations of $30 million. The refinery currently has approximately 220 employees, with headcount to be reduced during 2026 as closure activities progress, while some employees will stay on beyond 2026 to prepare the site for future redevelopment.

Alcoa Corporation filed a Specialized Disclosure Form for the year ended December 31, 2024, under Rule 13q-1 of the Securities Exchange Act. The filing states that Alcoa and its consolidated subsidiaries are reporting payments made to governments related to resource extraction activities for the 2024 fiscal year.

All reported payments are presented in U.S. dollars, with any foreign-currency payments converted using exchange rates as of December 31, 2024. The detailed breakdown of these government payments is provided in a separate Resource Extraction Payment Report, which is filed as Exhibit 2.01 to this Form SD.

Allan Gray Australia Pty Ltd reports beneficial ownership of 15,630,823 CHESS Depositary Interests in Alcoa Corp, representing 6% of the class. The filing specifies the class as CHESS Depositary Interests, each representing one unit of common stock, and records that Allan Gray Australia has sole voting and sole dispositive power over the reported position.

The statement affirms the securities are held in the ordinary course of business and not to influence control, and notes that another person has the right to receive dividends or proceeds related to these securities. The filing classifies the reporting person as FI and references equivalence to IA.