Alcoa
producer of aluminum
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business Jun 11, 2026, 8:55 AM
Alcoa's CFO warns alumina segment faces severe losses amid energy crisis - Alcoa's CFO Molly Beerman warned investors about significant losses in the alumina segment due to rising energy costs and supply disruptions.
- The company's alumina refineries are primarily located in Western Australia, Brazil, and Spain, but they supply material to Gulf smelters, making them vulnerable to regional disruptions.
- Following the warning, Alcoa's shares dropped 9.5%, marking the largest decline in over a year, while analysts remain optimistic about the overall aluminum market.
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2026 All rights reserved
2026 All rights reserved