Alcoa Corp
AA
NYSE
Metals & Mining
$52.88
USD
-$0.59 (-1.11%)
Last close
Market Cap:
$14.28B
Volume:
992.9K
Key Statistics
Previous Close
$53.47
Day Range
$52.87 - $54.43
52 Week Range
$27.72 - $84.38
Average Volume (10 Days)
6.6M
P/E Ratio
12.34
Dividend Yield
0.74%
About This Company
Alcoa Corp. engages in the bauxite mining, alumina refining, and aluminum smelting and casting. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 14,900 full-time employees. The company went IPO on 2016-10-18. The firm's operations are comprised of two business segments: Alumina and Aluminum. The Alumina segment primarily consists of its bauxite mines and alumina refineries, and its operations include the mining of bauxite and other aluminous ores, as well as the refining, production, and sale of smelter grade and non-metallurgical alumina. The alumina produced by this segment is sold primarily to internal and external aluminum smelter customers; a portion of the alumina is sold to external customers who process it into industrial chemical products. The Aluminum segment consists of the Company's aluminum smelting and casting operations along with the Company's energy production assets in Brazil, Canada, and the United States. The company has direct and indirect ownership of over 25 operating locations across eight countries.
CEO
Mr. William Oplinger
Headquaters
Pittsburgh, PENNSYLVANIA, US
Founded
2016
Employees
14,900
Latest News
Alcoa Bets $5.5B That Vertical Integration Still Wins
Alcoa is acquiring South32's bauxite, alumina, and aluminum assets across Australia, South Africa, and Brazil for up to $5.5 billion, in a deal that expands its vertical footprint and promises $900 million in net present value. The transaction won't close until 2027, and investors are already nervous about how Alcoa will fund it without diluting shareholders.
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