Alcoa (AA) Invests $65M to Expand Low-Carbon Aluminum Output
Alcoa Corporation announced a $65 million investment to expand low-carbon aluminum production at its Mosjoen smelter in Norway, integrating recycled content into its casting process for the first time. This initiative will increase production capacity by up to 75,000 metric tons and enhance its low-carbon product offerings. Wells Fargo recently upgraded Alcoa's stock, citing strong aluminum prices and potential benefits from robust market conditions.
https://www.insidermonkey.com/blog/alcoa-aa-invests-65m-to-expand-low-carbon-aluminum-output-1762414/