It would eventually boost Alcoa’s aluminum capacity 60% to 2.1 billion pounds annually, provide year-round employment for 4,000 and create a new Alaskan city of 20,000. Alcoa’s plan is to dam ...

This strategic move positions Alcoa to further strengthen its market leadership as a pure play, upstream aluminum company. “Alcoa is proud to announce the completion of our first major acquisition.

Maaden, as the Saudi firm is known, signed a deal with Alcoa to purchase its holdings in a bauxite facility and an aluminum smelter for 563 million riyals ($150 million) in cash and 3.6 billion riyals ...

Alcoa (NYSE:AA) +7.2% in Monday's trading alongside surging aluminum prices following news that a water storage pond at a Vedanta alumina refinery in India collapsed, potentially removing more ...

Alcoa Corp. engages in the mining of bauxite. The firm is also involved in the upstream aluminum industry. It operates through the Alumina and Aluminum segments. The Alumina segment consists of a ...

citing weakness in the stock during the past month even as aluminum prices have increased ~6%. The upgrade also is partly attributed to Alcoa's (AA) increased stake in Alumina Ltd. (OTCQX ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Maaden, as the Saudi firm is known, signed a deal with Alcoa to purchase its holdings in a bauxite facility and an aluminum smelter for 563 million riyals ($150 million) in cash and 3.6 billion ...

In Q2 2024, Alcoa Corporation (NYSE:AA) achieved a revenue upsurge of 8.3% compared to the same quarter last year, driven by higher alumina and aluminum prices.

Maaden will wholly own its aluminum business, and Alcoa will hold a 2.2% stake in Maaden once the deal is completed. “The transaction simplifies our portfolio, enhances visibility in the value ...