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Alcoa Posts Record $4 Billion Revenue in Q2, Advances $4.1 Billion South32 Acquisition

8:23am on Friday 17th of July, 2026 AEST Materials
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Alcoa Posts Record $4 Billion Revenue in Q2, Advances $4.1 Billion South32 Acquisition

8:23am on Friday 17th of July, 2026 AEST
Key Points
  • Record quarterly revenue of $4 billion, up 24% sequentially
  • Adjusted net income rises 51% to $562 million
  • Agreement to acquire South32’s bauxite, alumina, and aluminium assets for $4.1 billion
  • Operational restarts drive 5% aluminium production growth
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