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How Is Alcoa Weathering Tariffs and a Delayed Smelter Restart in Q2 2025?
8:31am on Thursday 17th of July, 2025 AEST
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How Is Alcoa Weathering Tariffs and a Delayed Smelter Restart in Q2 2025?
8:31am on Thursday 17th of July, 2025 AEST
Key Points
Completed $1.35 billion sale of 25.1% Ma’aden joint venture stake
Q2 net income of $164 million, adjusted net income $103 million
Tariff costs of $115 million due to increased U.S. Section 232 tariffs on Canadian aluminum
San Ciprián smelter restart paused then resumed, completion expected mid-2026
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