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NYA:AA, Aug 23, 08:29 UTC

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Thursday, August 15


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Friday, August 09


News

Arconic Looks to Unlock Value in a Potential Split. Alcoa May Get Left Behind.

AA

The tale of Arconic and Alcoa, separated into two companies three years ago, may be set to come full circle. Arconic stock (ticker: ARNC) has gained 7.1% so far this week—a surprisingly large amount, considering the turmoil that took the stock market on a wild ride. Arconic, which was originally spun off from aluminum producer Alcoa (AA) in 2016, now plans to split in two, with one company focusing on aerospace and the other on autos. The stock was just above $17 in November 2016 when shares began trading. And while we’d like to attribute the 2019 rise to Arconic’s increased earnings guidance, corporate drama seems to be the big reason for its outperformance this year.

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barrons.com
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Thursday, August 01


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Alcoa Sells Avilés And La Coruña Plants To Swiss Investment Firm PARTER – Aluminium Insider

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Aluminium behemoth China Zhongwang Holdings Ltd founder Liu Zhongtian has been indicted by the United States government on charges that... Norsk Hydro Supplies ASI-Certified Aluminium For Audi e-tron. 31, 2019 -. Norwegian aluminium producer Norsk Hydro ASA announced earlier this week that it is the sustainable aluminium supplier to Audi AG... Workers Trickle Back To Aluminerie de Bécancour As 17-Month Lockout Ends. Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the sale of the Avilés and La Coruña plants in Spain to Swiss private equity investment group PARTER Capital Group AG for an undisclosed sum. “Together with the extraordinarily engaged teams in Avilés and La Coruña, we intend to build a positive and lasting future that includes great opportunities for the plants in renewable aluminium markets.”.

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aluminiuminsider.com
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Trio Of Alcoa Plants Certified By Aluminium Stewardship Initiative – Aluminium Insider

AA

You may like. Norsk Hydro Supplies ASI-Certified Aluminium For Audi e-tron. 31, 2019 -. Norwegian aluminium producer Norsk Hydro ASA announced earlier this week that it is the sustainable aluminium supplier to Audi AG... Workers Trickle Back To Aluminerie de Bécancour As 17-Month Lockout Ends. Aluminerie de Bécancour’s (ABI) unionized workforce began making its way back into the plant on Friday, marking the end of... Alba Sees Sales Volumes Rise By 21 Percent In Q2. Alcoa is also the first US-based company to achieve ASI Certification. As a company that has been central to the aluminium industry since its inception in 1888, Alcoa play a valued leadership role in the sector.

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aluminiuminsider.com
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Kenworth adds Alcoa Dura-Black wheels with bold new style

AA

Kenworth now offers the new Alcoa Dura-Black wheels with alternative styling for Kenworth heavy and medium duty conventional truck models. According to Alcoa, the Alcoa Dura-Black wheels provide the same advantages as all lightweight Alcoa forged aluminum wheels, making them lighter and stronger than steel wheels to improve payload and fuel efficiency while increasing resale value over the life of the vehicle. Beyond the surface, each wheel rim flange and mounting surface appears bright, and in contrast to the wheel’s matte black face. Alcoa Dura-Black wheels are available in popular sizes, including 22.5 inches by 8.25, 9 and 12.25 inches, and 24.5 x 8.25 inches.

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fleetowner.com
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Wednesday, July 31


News

Alcoa to book charge of about $135 million in Q3 on sale of Spanish units

AA

Alcoa Corp. said Wednesday it expects to book a charge of about $135 million, or 73 cents a share, in the third quarter on the sale of Spanish units to Parter Capital Group AG, a Swiss private-equity firm. Parter will acquire subsidiaries that own and operate the Avilés and La Coruña aluminum plants in Spain. The acquisition includes the casthouses at both plants and the paste plant at La Coruña, which are currently in operation, along with the curtailed smelters at both plants. Alcoa shares dipped slightly premarket and are down 13% in 2019, while the S&P 500 has gained 20%.

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PARTER Capital Group AG Acquires Avilés and La Coruña, Spain Aluminum Plants from Alcoa

AA

The acquisition, effective immediately, includes the casthouses at both plants and the paste plant at La Coruña, which are currently in operation, and the curtailed smelters at both plants. Under terms of the agreement, PARTER Capital Group will maintain the facilities’ entire workforce (approximately 630 employees) for a minimum of two years and has proposed reindustrialization projects for both sites and a potential restart of the plants’ smelting capacity. “We are very delighted with this acquisition,” said Dr. Rüdiger Terhorst, Managing Partner at PARTER Capital Group AG. Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina, and aluminum products, and is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever we operate.

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Tuesday, July 30


News

Three Alcoa-Operated Locations Receive Certifications From Aluminium Stewardship Initiative

AA

Alcoa Corporation, a global leader in bauxite, alumina and aluminum, today announced that the Aluminium Stewardship Initiative (ASI) has certified three Alcoa-operated locations, one in each of the Company’s three business units. “We are honored that ASI has certified these three locations and recognized our sustainable approach, which drives how we operate our facilities, manufacture our products, and interact with our communities,” said Alcoa President and Chief Executive Officer Roy Harvey. “We consistently work to produce bauxite, alumina and aluminum in a responsible manner, and achieving ASI Certification is an important differentiator for our Company as a recognized leader in sustainability.”. ASI is a global sustainability certification program for the aluminum industry, representing both upstream producers and downstream manufacturers who use the metal in their products. Alcoa (AA) is a global industry leader in bauxite, alumina, and aluminum products, and is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever we operate.

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Thursday, July 25


News

2019 NatureBridge Alcoa Scholars Visit Intalco - WhatcomTalk

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On Friday, July 12, NatureBridge Alcoa scholars Evelyn Lukanen and Liam Mitchell visited Intalco works to meet the Intalco team and take a plant tour. The students, both high school juniors from Bellingham, were selected from a competitive pool of 150+ applicants to participate the 2019 NatureBridge Alcoa Scholars program. Evelyn and Liam will be headed to Yosemite National Park this August for a six-day backpacking trip through the Sierra Nevada range in California, along with 11 other students and two teachers. The Alcoa Scholars Program was developed six years ago with the aim of bringing together a diverse group of youth from Alcoa communities around the world for an intensive hands-on environmental science education experience in some of earth’s most beautiful protected lands.

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whatcomtalk.com
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Kenworth Offers Alcoa Dura-Black Wheels

AA

Kenworth Truck Co. announced the availability of the new Alcoa Dura-Black wheels with alternative styling for its heavy- and medium-duty conventional truck models. According to Alcoa, its Dura-Black wheels provide the same advantages as all lightweight Alcoa-forged aluminum wheels, making them lighter and stronger than steel wheels to improve payload and fuel efficiency while increasing resale value over the life of the vehicle. The two-tone rim flange and mounting surface provide a premium appearance and enhanced protection during mounting and while in use. Alcoa Dura-Black wheels are available in sizes 22.5 inches × 8.25, 9 and 12.25 inches and 24.5 × 8.25 inches.

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