AA 📈 Alcoa - Overview

Alcoa Corporation is a leading producer of bauxite, alumina, and aluminum products, operating in multiple countries including the United States, Spain, Australia, and Brazil. The company's operations are segmented into two main categories: Alumina and Aluminum. Through its Alumina segment, the company engages in bauxite mining and processing, converting bauxite into alumina which is then sold to customers for use in industrial chemical products and aluminum production. This alumina is a critical component in the production of various industrial chemicals, including catalysts, ceramics, and refractories.

The company's Aluminum segment focuses on the smelting and casting of aluminum, producing primary aluminum in the form of alloy ingot or value-add ingot. This primary aluminum is sold to a diverse range of customers, including those in the transportation, building and construction, packaging, and wire industries. Additionally, Alcoa produces flat-rolled aluminum in the form of sheet, which is primarily sold to customers who manufacture beverage and food cans. The company's aluminum products are used in a wide range of applications, from aircraft and automotive parts to consumer packaging and construction materials.

Alcoa Corporation also generates and sells electricity through its ownership of hydro power plants, providing electricity to the wholesale market. This electricity is sold to a variety of customers, including traders, large industrial consumers, distribution companies, and other generation companies. The company's ability to generate and sell electricity helps to reduce its dependence on external energy sources and provides an additional revenue stream. With a history dating back to 1886, Alcoa Corporation has established itself as a major player in the aluminum industry, with a strong presence in global markets and a commitment to sustainable and responsible operations.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol AA, Alcoa Corporation is subject to the scrutiny of investors and regulators. The company's common stock is traded under the ISIN code US0138721065 and is classified under the GICS Sub Industry category of Aluminum. With its global operations, diverse product portfolio, and commitment to sustainability, Alcoa Corporation is well-positioned to meet the evolving needs of its customers and stakeholders. For more information, investors and customers can visit the company's website at https://www.alcoa.com.