Alcoa reported a strong improvement in 2024 underlying income to USD 296 million from negative USD 405 million. An average alumina price rise of 32% to USD 472 per metric ton underpinned this.
Alumina production decreased 2% sequentially to 2.39 million metric tons. In the Aluminum segment, production increased 2 ...
The company states: “Alcoa (AA) expects 2025 total Alumina segment production to range between 9.5 to 9.7 million metric tons, a decrease from 2024 due to the curtailment of the Kwinana refinery.
Alcoa Corporation closed FY24 with strong revenue and margin growth, poised to benefit from trade restrictions but facing ...
Alcoa latest earnings report for Q4 2024 showed strong financial improvements with the company reporting sales of $3.49 billion, a significant increase from ...
Oplinger. Outlook: Alcoa said it expects 2025 total Alumina segment production to range between 9.5 to 9.7 million metric tons, a decrease from 2024 due to the curtailment of the Kwinana refinery.
Alcoa swung to a profit in the fourth quarter as alumina and aluminum prices and shipments rose in 2024. The aluminum producer posted a profit of $202 million, or 76 cents a share, in the three months ...
Net income attributable to Alcoa Corporation was $202 million, or $0.76 per common share. Sequentially, the results reflect increased alumina and aluminum prices and higher alumina shipments ...
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the fourth quarter, Alcoa’s Alumina production fell 2% on a sequential basis to 2.39 million tons. On the other hand ...
This downturn has occurred despite expectations of improved earnings, primarily driven by strength in alumina prices. InvestingPro data reveals several more insights about Alcoa's volatility and ...