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Alcoa completes acquisition of Alumina Limited to strengthen its market leadership

PUBLIC · AAAug 01, 2024

Acquiring Company

Alcoa

Acquired Company

Alumina Limited

PittsburghSouthbankMiningManufacturingMiningPrecious MetalsMineral

Description

Alcoa Corporation has successfully completed the acquisition of Alumina Limited, positioning itself to further strengthen its market leadership as a pure play, upstream aluminum company. This strategic move is expected to result in long-term value creation from greater financial and operational flexibility.

Quick answer

Alcoa is acquiring Alumina Limited, announced August 1, 2024. Alcoa is based in Pittsburgh, Pennsylvania, United States.

How much did Alcoa pay for Alumina Limited?
The deal value was not disclosed.
What does Alcoa do?
Alcoa Corp. is a global industry leader in bauxite, alumina, and aluminum products with a vision to reinvent the aluminum industry for a sustainable future.
Where are Alcoa and Alumina Limited based?
Alcoa is based in Pittsburgh, Pennsylvania, United States. Alumina Limited is based in Southbank, Victoria, Australia.
Who are the decision-makers at Alcoa?
Fundz holds 1 contact at Alcoa. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Alcoa

Location

201 Isabella Street

Pittsburgh, Pennsylvania, United States

About

Alcoa Corp. is a global industry leader in bauxite, alumina, and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. The company is listed on the New York Stock Exchange under the ticker symbol AA and is known for its values-based approach that encompasses integrity, operating excellence, care for people, and courageous leadership.

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Frequently asked

Who acquired Alumina Limited?

Alumina Limited was acquired by Alcoa, based in Pittsburgh. The deal was reported on August 1, 2024. Alcoa Corp. is a global industry leader in bauxite, alumina, and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. Alcoa is publicly traded (AA) and operates in Mining.

When did Alcoa acquire Alumina Limited?

Alcoa's acquisition of Alumina Limited was reported on August 1, 2024. Alcoa Corporation has successfully completed the acquisition of Alumina Limited, positioning itself to further strengthen its market leadership as a pure play, upstream aluminum company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Alumina Limited do?

Alumina Limited is a leading Australian resource company specializing in bauxite mining, alumina refining, and selected aluminum smelting operations with interests in key aluminum regions worldwide. It is privately held, operating in Manufacturing, and is based in Southbank.

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