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AA Stock - Alcoa Inc.


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Alcoa Corporation, along with its subsidiaries, produces and sells bauxite, alumina, and aluminum products globally, with operations in the United States, Spain, Australia, Iceland, Norway, Brazil, and Canada. The company operates through three main segments: Bauxite, Alumina, and Aluminum. Alcoa is involved in bauxite mining and the processing of bauxite into alumina, which it sells to customers for further processing into industrial chemical products. The company also engages in aluminum smelting and casting, offering primary aluminum in the form of alloy ingot or value-add ingot to customers across various sectors, including transportation, building and construction, packaging, wire, and other industrial markets.

Additionally, Alcoa owns and operates hydroelectric power plants that generate and sell electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. This diversification into energy generation underscores Alcoa's commitment to leveraging sustainable practices within its operations. The company's hydroelectric power plants play a crucial role in supporting its aluminum production facilities, providing a reliable and renewable source of energy.

Founded in 1886 and headquartered in Pittsburgh, Pennsylvania, Alcoa Corporation has a rich history of innovation and leadership in the aluminum industry. Originally known as Alcoa Upstream Corporation, the company rebranded to Alcoa Corporation in October 2016, reflecting its focus on upstream mining and smelting operations. Today, Alcoa continues to be a key player in the global aluminum market, dedicated to advancing sustainable solutions and maintaining its legacy of operational excellence.

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Stock Sector: Metals and Mining: Aluminum

 

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