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 ...
and the Ma’aden Aluminium Company ("MAC"; the aluminum smelter and casthouse). Alcoa currently owns 25.1% of the joint venture and Ma’aden owns 74.9%. The carrying value of Alcoa’s ...
Try refreshing your browser, or tap here to see other videos from our team. Maaden, as the Saudi firm is known, signed a deal with Alcoa to purchase its holdings in a bauxite facility and an aluminum ...
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.
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 ...
We recently compiled a list of the 10 Best Aluminum and Aluminum Mining Stocks to Buy Now. In this article, we are going to take a look at where Alcoa Corporation (NYSE:AA) stands against the other ...
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 ...
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 ...
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 ...
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 of our ...
Alcoa Corporation (NYSE: NYSE:AA), a leader in the aluminum sector, detailed strategic actions and financial updates during its recent earnings call. The company emphasized its focus on reducing ...