Alcoa Corp - Company Profile
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Business Description
Alcoa Corp (Alcoa) is involved in all aspects of the upstream aluminum industry, including bauxite mining, alumina refining, and aluminum smelting and casting. The company classifies its operations into two reportable operational segments: Alumina and Aluminum. In FY2025, the company reported a capital expenditure of US$575 million, which grew 2% YoY. The company has direct and indirect ownership of 25 locations across eight countries on five continents. The company has an operational presence in Australia, Brazil, Iceland, Canada, Norway, Spain, and the US.
R&D Overview
Alcoa is focusing on driving returns through targeted growth opportunities that leverage its competitive advantages. The company is actively involved in R&D projects to innovate breakthrough technologies that can revolutionize its impact and that of its customers. These technologies have the potential to reduce costs and improve efficiency in both alumina refining and aluminum smelting. The company has approximately 370 granted patents and approximately 220 pending patent applications as of December 31, 2025. The company also has a number of international and domestic registered trademarks that have significant recognition within the markets that are served. In FY2025, the company reported its research and development expenses of US$24 million, compared with R&D expenses of US$57 million in previous year.
Business Segments
Overview
Comprises the operations of refining facilities, which process bauxite into alumina. Sells alumina to internal and external smelter customers and to customers who process it into industrial chemical products. Operates refining facilities in Wagerup, Pinjarra, and Kwinana, Australia; Pocos de Caldas and Sao Luis, Brazil; and San Ciprian, Spain. The key brand associated with this segment is Alcoa's Sustana brand, which includes EcoSource alumina, a low carbon product. The segment's strategy is to combine the activities of its bauxite mines and alumina refineries to streamline operations and enhance efficiency.
Performance
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Overview
Comprises the operations of smelting and casthouse system; a rolling mill in the US; and a portfolio of energy assets in Canada, Brazil, and the US. Smelting operations include the production of molten primary aluminum. Rolling mill comprises the production of aluminum sheets for manufacturing aluminum cans. Through its energy assets, the company supplies power to external customers in Brazil and the US, and to internal customers within the Aluminum and Alumina segments. Owns 25.1% ownership interest in Ma’aden Aluminum Company (MAC) and Ma’aden Rolling Company (MRC), which operates as a smelting and rolling mill joint venture company in Saudi Arabia. Owns and operates aluminum facilities in several locations, including Portland, Australia; Pocos de Caldas and Sao Luis (Alumar), Brazil; Quebec, Canada; Fjaroaal, Iceland; Lista and Mosjoen, Norway; San Ciprian, Spain; and New York, Washington, and Indiana, the US. - The key brands associated with this segment are EcoDura aluminum, EcoLum aluminum, and EcoSource alumina. - The segment's strategy is to produce and supply aluminum in various shapes and sizes for global customers, including developing and creating various alloy combinations for specific applications.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Target Markets
Guinea, Iceland, the Netherlands, Norway, Switzerland, Saudi Arabia, and Luxembourg.
Performance
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Performance
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Performance
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