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The Latest Breaking News from Alcoa

Hundreds of jobs axed as Alcoa winds up old refinery

US alumina giant Alcoa says it will shut down a 60-year-old refinery south of Perth, where hundreds of workers are expected to lose their jobs.

AAP

Alcoa mine clearing to supply scarce WA hardwood timber

Controversial land clearing at Alcoa's mine sites is likely to feed WA's ailing hardwood timber industry with logs following a ban on felling native forests.

AAP

Alcoa mines probe over plan to clear state forest

Two Alcoa bauxite mines will be put under the microscope to assess their potential impacts on water catchments, the community, a forest and the climate.

AAP

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WA premier 'disappointed' Alcoa could close refinery

Western Australia's premier is "disappointed" US giant Alcoa told investors it could close an alumina refinery near Perth after assuring government it wouldn't.

AAP

1 Stock to Buy Now for the Aluminum Price Recovery

It's been a rough year for aluminum prices amid expectations for a long-awaited, but yet-to-materialize, global economic slowdown. With aluminum trading at levels last seen in early 2021, and at the largest contango since the 2008-09 global financial crisis, now may be a great time to pick up shares of…

Barchart

Greenwash claim as miner pledges to stay away from town

Alumina giant Alcoa has committed not to mine within three kilometres of a forest town as it looks to expand its footprint in Western Australia's south.

AAP

Determined to forge ahead with canal expansion, Army Corps unveils testing plan for contaminants in Matagorda Bay

The expansion project will enable the world’s largest class of tanker ships to dock at a new oil export terminal on the Gulf Coast. It also involves dredging a Superfund site.

The Texas Tribune

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Controversial Matagorda Bay Ship Channel Grows Closer to Reality

The U.S. Army Corps of Engineers plans on dredging a superfund site to complete the projected expansion of a massive terminal for oil tankers.

Texas Observer

A look at some of the corporations that dominate the Amazon

From mining to cattle ranching and soya farming, some of the world’s largest companies exploit the region, though many also claim to be giving something back

The Guardian - UK

The multinational companies that industrialised the Amazon rainforest

Analysis shows handful of corporations extract tens of billions of dollars of raw materials a year – and their commitments to restoration vary greatly

The Guardian - UK

Dow Jones Falls 200 Points After Jobless Claims; Tesla Dives On Earnings

The Dow Jones dropped 200 points Thursday morning after initial jobless claims. Elon Musk-led Tesla dived 8% on earnings.

Investors Business Daily

Western Australia's biggest emitters increase carbon output 5 per cent year on year

Analysis by the ABC of the past six financial years of reported emissions, under the national safeguard mechanism, shows a 15 per cent increase in carbon dioxide released by major WA projects, and up 5 per cent on last year's figure.

ABC News

Toxic chemical threat to WA drinking water supply

Alcoa has been ordered to urgently flush out a pipeline at risk of leaking toxic chemicals into a drinking water dam in Western Australia's southwest.

The New Daily

Alcoa pipeline a 'real' chance of leaking toxic chemicals into drinking water dam, says WA environment regulator

WA’s environmental regulator says there is a “real and not remote” possibility a pipeline built by a mining company could leak toxic chemicals into a drinking water dam in the South-West.

ABC News

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ABC News

WA government cuts Murray region's water allocations, slashes Alcoa's water licence by a third

WA's water department says climate change is forcing significant cuts to the Murray region's water limits, leaving some areas with no more water to allocate.

Investors Business Daily

Alcoa Stock Scores Rising Relative Strength Rating

Alcoa shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

Dow Jones Falls 225 Points After Jobless Claims; Netflix Earnings Due

The Dow Jones Industrial Average fell 225 points Thursday after first-time jobless claims. Netflix earnings are due out after the market close.

Texas Observer

Dredging Plans for Massive Superfund Site on Hold

The Army Corps has withdrawn its approval for an expansion of the Matagorda Ship Channel that could disturb a mercury-laden waste site.

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AAP

Alumina refines credible path to net zero

Clean energy and local expertise could transform alumina refining, which has been one of toughest sectors to crack in decarbonising the Australian economy.

Benzinga

Alcoa Unusual Options Activity

Someone with a lot of money to spend has taken a bullish stance on Alcoa (NYSE:AA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Alcoa Unusual Options Activity For November 04

A whale with a lot of money to spend has taken a noticeably bearish stance on Alcoa. Looking at options history for Alcoa (NYSE:AA) we detected 12 strange trades.

The Guardian - AU

Conservatives insist policies to cut emissions drive up power bills. There’s net zero evidence for that

The International Energy Agency has laid to rest the persistent myth that net zero policies are responsible for soaring energy prices

Benzinga

Alcoa Whale Trades For October 20

A whale with a lot of money to spend has taken a noticeably bullish stance on Alcoa. Looking at options history for Alcoa (NYSE:AA) we detected 16 strange trades.

Investors Business Daily

Dow Jones Climbs As Jobless Claims Fall; Tesla Dives On Weak Sales

The Dow Jones Industrial Average rose Thursday, as jobless claims surprisingly dropped. Tesla stock dived on weak revenue results.

Investors Business Daily

Dow Jones Futures Rise: Tesla Stock Skids On Earnings, Elon Musk Comments

Futures reversed higher. Elon Musk sees an "epic" Q4 after mixed Tesla earnings, but sees some China and European weakness. Tesla stock fell.

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