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 Corp (NYSE: AA) is a global leader in aluminum production, spanning bauxite mining, alumina refining, and primary metal manufacturing. This page serves as a comprehensive resource for tracking the company’s official announcements, strategic initiatives, and market developments.
Investors and industry stakeholders will find timely updates on earnings reports, operational milestones, sustainability efforts, and leadership changes. Our curated collection ensures access to Alcoa’s press releases and verified news articles, providing clarity on factors influencing the aluminum sector and AA’s position within it.
Key focuses include production innovations, commodity market trends, and Alcoa’s initiatives in energy efficiency and circular manufacturing. Bookmark this page to stay informed on critical developments affecting one of the industry’s most vertically integrated producers.
Alcoa (NYSE: AA) reported strong first quarter 2025 results with significant sequential improvements. Net income rose 171% to $548 million ($2.07 per share), while Adjusted net income increased 106% to $568 million ($2.15 per share). Revenue reached $3.4 billion, and Adjusted EBITDA grew 26% to $855 million.
The company maintained a solid cash position of $1.2 billion and completed key operational initiatives, including forming a joint venture with IGNIS Equity Holdings to support San Ciprián operations. Alcoa also repositioned its debt through a $1 billion issuance in Australia and $890 million tender of existing debt.
Production metrics showed slight decreases, with Alumina production down 1% to 2.35 million metric tons and Aluminum production declining 1% to 564,000 metric tons. The company incurred approximately $20 million in tariff costs on Canadian aluminum imports due to the 25% U.S. Section 232 tariff effective March 2025.
Alcoa (NYSE: AA) and IGNIS EQT have formed a joint venture to support operations at Alcoa's San Ciprián complex, effective March 31, 2025. Alcoa will maintain 75% ownership and operational control, while IGNIS EQT will hold 25%. The partners have contributed $81 million and $27 million respectively, with potential additional funding of up to $108 million from Alcoa.
The agreement enables the planned restart of the San Ciprián smelter in 2025, following its 2021 curtailment due to high energy costs. The facility recorded a $50 million net loss and negative cash flow of $60 million in 2024. For 2025, projections indicate a net loss of $80-100 million ($0.31-0.39 per share), with expected negative cash flow of $90-110 million.
The partnership combines Alcoa's aluminum operations expertise with IGNIS EQT's energy market knowledge. The Spanish National Government and Xunta de Galicia have pledged support for the complex's long-term success.
Alcoa (NYSE: AA) has announced it will release its first quarter 2025 financial results on Wednesday, April 16, 2025, after the New York Stock Exchange trading closes. The company will hold a conference call to discuss these results on the same day at 5:00 p.m. EDT (April 17, 2025, at 7:00 a.m. AEST).
The earnings conference call will be accessible through a live webcast on Alcoa's website. The Q1 2025 earnings release and related presentation materials will be made available in the 'Investors' section of the company's website, with additional distribution through Alcoa's X social media handle.
Alcoa (NYSE:AA) has announced the successful closing of a dual-tranche debt offering through its subsidiary Alumina Pty The offering consists of $500 million in 6.125% senior notes due 2030 and $500 million in 6.375% senior notes due 2032.
The notes are backed by senior unsecured guarantees from Alcoa and select subsidiaries. The funds will be utilized within the Alcoa group, particularly to support Alcoa Nederland Holding B.V. (ANHBV) in its tender offers for existing notes: the complete buyback of $750 million 5.500% Notes due 2027 and up to $250 million of the 6.125% Notes due 2028.
The notes were privately placed to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act. Any remaining proceeds may be used for general corporate purposes, including potential redemption of existing notes.
Alcoa (NYSE:AA) has announced the results of two debt tender offers. The first offer involves purchasing any and all outstanding 5.500% senior unsecured notes due 2027, which expired on March 14, 2025. The second offer targets up to $250 million of 6.125% senior unsecured notes due 2028.
Due to high participation, Alcoa has increased the maximum principal amount for the 2028 notes from $250 million to $281,258,000, as holders tendered $281,258,000 in aggregate principal by the early tender date. Both offers were made by Alcoa Nederland Holding B.V. and are fully guaranteed by Alcoa.
Settlement for both offers is expected on March 19, 2025. Holders who tendered their 2027 notes by the expiration date and 2028 notes by the early tender date will receive their respective consideration on the settlement date.
Alcoa (NYSE:AA) has announced a cash tender offer for any and all outstanding 5.500% senior unsecured notes due 2027, issued by its wholly-owned subsidiary Alcoa Nederland Holding B.V. (ANHBV). The offer expires at 5:00 p.m., New York City time, on March 14, 2025.
The settlement date is expected to be March 19, 2025. Holders who validly tender their notes by the expiration date or follow the Guaranteed Delivery Procedures will receive the Any and All Total Consideration plus Accrued Interest. The tender offer is subject to certain conditions, including the Financing Condition.
Morgan Stanley & Co. and BofA Securities, Inc. are acting as dealer managers for the tender offer. D.F. King & Co., Inc. serves as the tender agent and information agent.
Alcoa (NYSE:AA) has announced that its wholly-owned subsidiary, Alumina Pty , has priced a $1 billion senior notes offering. The notes will be guaranteed by Alcoa and certain subsidiaries, with the sale expected to complete on March 17, 2025.
The funds will be deployed within the Alcoa group, primarily to finance tender offers for existing notes: the entire $750 million of 5.500% Notes due 2027 and up to $250 million of 6.125% Notes due 2028. Any remaining proceeds will be used for general corporate purposes, potentially including the redemption of existing notes.
The notes will be sold privately to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S of the Securities Act.
Alcoa (NYSE:AA) has announced a proposed offering of $1 billion in senior notes through its wholly-owned subsidiary Alumina Pty The notes will be guaranteed on a senior unsecured basis by Alcoa and certain subsidiaries.
The funds will be deployed within the Alcoa group, primarily to finance tender offers for existing notes: the entire $750 million of 5.500% Notes due 2027 and up to $250 million of 6.125% Notes due 2028. Any remaining proceeds will be used for general corporate purposes, potentially including the redemption of these existing notes.
The notes will be sold privately to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S of the Securities Act. The offering is not conditional upon the completion of the tender offers.
Alcoa (NYSE: AA) has announced that its subsidiary, Alcoa Nederland Holding B.V. (ANHBV), is launching offers to purchase certain outstanding securities. The primary offer includes purchasing any and all outstanding 5.500% senior unsecured notes due 2027.
The Any and All Offer expires on March 14, 2025, with a guaranteed delivery deadline of March 18, 2025. The purchase price will be determined based on the U.S. Treasury Reference Security yield plus a Fixed Spread. A separate Capped Offer expires on March 31, 2025, with an early tender date of March 14, 2025.
The offers are subject to several conditions, including a New Notes Offering of $1 billion aggregate principal amount by Alumina Pty , which will provide funding for the purchases. Notes can only be tendered in minimum denominations of US$200,000 and integral multiples of US$1,000 thereafter.
Alcoa has announced that Executive Vice President and CFO Molly S. Beerman will participate in J.P. Morgan's 2025 Industrials Conference in New York City on March 12, 2025. The event will feature a Q&A session at 10:30 a.m. EDT, where Beerman will discuss the company's business outlook and current market conditions, including factors affecting quarterly financial results.
A slide presentation will be made available on Alcoa's website investor section at approximately 7:00 a.m. EDT on the same day. The session will be accessible via live audio webcast through the company's website, with both transcript and audio replay available afterward in the Investors section.
