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Alcoa – Aluminum Company of America (AA) – is one of the world’s largest producers of aluminium, conducting operations in 10 countries. Corporate headquarters are based in Pittsburgh, Pennsylvania, where the company was founded in 1888. Alcoa does not only have ownership in 7 active bauxite mines globally, operate them and locate global network strategically near key Atlantic and Pacific markets, but also looks for solutions for restoring the land after the operations are complete. Alcoa is an award-winning environmental leader who really care about aesthetic, environmental, economic and social values of the surrounding communities. Alcoa World Alumina and Chemicals (AWAC) signed third-party bauxite contracts with external customers in China, the United States, Europe and Brazil to supply them with bauxite from four of its mines. The new contracts increase the total value of 2016 and 2017 third-party supply agreements to nearly $665 million. Alcoa share price (AA) is set and traded on the New York Stock Exchange (NYSE).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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