Alcoa Corporation Overview
Company Headquarters: Pittsburgh, Pennsylvania, US
Founded: 1886
Workforce: ~4,500
Company Working: Alcoa Corporation (Alcoa) is a leading company in the metal industry that is engaged in the production of bauxite, alumina, and aluminum products. It operates through three business segments, namely, aluminum, alumina, and bauxite. The company operates seven active bauxite mines across Brazil, Guinea, Saudi Arabia, and Australia. In 2018, Alcoa generated a revenue of USD 1.2 billion from the bauxite segment. In the same year, the company shipped a total volume of 46.9 million dry metric tons of bauxite. Of the total shipment, 5.7 million dry metric tons were shipped to third parties.
Strategy
Alcoa aims to strengthen and secure its position as a low-cost industry leader across the aluminum value chain. Furthermore, it plans to create a cost-competitive bauxite production by upgrading its technologies and optimizing production methods.
