Alcoa Corp
F:185
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
A
|
Alcoa Corp
F:185
|
US |
|
Black Hills Corp
F:BHI
|
US |
|
E
|
Enlight Renewable Energy Ltd
TASE:ENLT
|
IL |
|
C
|
Credit Agricole SA
SWB:XCA
|
FR |
|
B
|
BHP Group Ltd
XHAM:BHP1
|
AU |
|
B
|
Biogen Inc
F:IDP
|
US |
|
V
|
VKTR Teknologi Mobilitas Tbk PT
IDX:VKTR
|
ID |
|
N
|
Nokia Oyj
XETRA:NOA3
|
FI |
|
C
|
China Coal Energy Co Ltd
F:CVV
|
CN |
|
R
|
Riber SA
F:RI7
|
FR |
|
Antero Midstream Corp
NYSE:AM
|
US |
|
D
|
Daikin Industries Ltd
SWB:DKI
|
JP |
|
E
|
EQT Corp
XBER:EQ6
|
US |
|
E
|
Evolus Inc
SWB:EVL
|
US |
|
Telefonica SA
MIL:TEF
|
ES |
|
China Citic Bank Corp Ltd
F:D7C
|
CN |
|
S
|
Sumitomo Corp
F:SUMB
|
JP |
|
L
|
L'Oreal SA
SWB:LOR
|
FR |
Alcoa Corp
Alcoa is one of the world’s main aluminum producers. It mines bauxite, turns that ore into alumina, and then smelts alumina into primary aluminum. It also makes rolled and cast aluminum products used in many industrial supply chains. Its customers are manufacturers that need lightweight, durable metal, including packaging companies, auto parts makers, aerospace firms, construction suppliers, and other industrial buyers. Alcoa sells metal and alumina through long-term and spot contracts, so its revenue comes mainly from the sale of commodity aluminum products and related processing services. What makes Alcoa’s business different is that it sits near the start of the aluminum supply chain, where control of mines, refineries, and smelters matters. That gives it a direct link to the raw material behind aluminum products, while also exposing it to energy costs, global metal prices, and demand from industries that use a lot of aluminum.
Alcoa is one of the world’s main aluminum producers. It mines bauxite, turns that ore into alumina, and then smelts alumina into primary aluminum. It also makes rolled and cast aluminum products used in many industrial supply chains.
Its customers are manufacturers that need lightweight, durable metal, including packaging companies, auto parts makers, aerospace firms, construction suppliers, and other industrial buyers. Alcoa sells metal and alumina through long-term and spot contracts, so its revenue comes mainly from the sale of commodity aluminum products and related processing services.
What makes Alcoa’s business different is that it sits near the start of the aluminum supply chain, where control of mines, refineries, and smelters matters. That gives it a direct link to the raw material behind aluminum products, while also exposing it to energy costs, global metal prices, and demand from industries that use a lot of aluminum.
Strong quarter: Alcoa said first quarter 2026 was a strong start to the year, with higher metal prices and solid operations more than offsetting seasonal weakness and shipping disruptions.
Revenue and earnings: Revenue was $3.2 billion, adjusted net income was $373 million, and adjusted EBITDA was $595 million, helped mainly by higher aluminum prices.
Middle East impact: Management said the Middle East conflict is tightening supply chains, lifting aluminum prices and premiums, and raising costs such as freight and diesel, but Alcoa has largely protected itself through contracts, hedges and logistics work.
Guidance update: Full-year 2026 outlook was mostly unchanged, but interest expense was lowered slightly to $135 million and environmental and ARO payments were raised to about $360 million.
Operational momentum: Alcoa completed the San Ciprián smelter restart on April 7, expects ministerial approval for Western Australia mine approvals by year-end 2026, and continues progress on site monetization opportunities.
Capital allocation: The company redeemed its remaining $219 million of 2028 notes and said it remains focused on deleveraging while balancing shareholder returns and growth opportunities.
