Alcoa (AA) Announces Long-Term Alumina Supply Contract Extension with Aluminium Bahrain
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Alcoa Announces Long-Term Alumina Supply Contract Extension with Aluminium Bahrain
October 15, 2024 8:00 AM EDTPITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA; ASX: AAI) today announced an agreement to supply up to 16.5 million tonnes of smelter grade alumina to Aluminium Bahrain B.S.C. (Alba) over 10 years.
Over the life of the agreement, which commences in 2026 and will run through 2035, volume options will allow Alba to procure as much as 16.5 million metric tons of alumina, primarily from Western Australia. This contract extension recognizes the long-term relationship between Alcoa and Alba and will make Alcoa Albas largest third-party supplier of alumina.
"By securing this contract extension... More
