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Alcoa Posts $407 Million Q2 Profit, Advances $3.1 Billion South32 Acquisition
8:29am on Friday 31st of July, 2026 AEST
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Alcoa Posts $407 Million Q2 Profit, Advances $3.1 Billion South32 Acquisition
8:29am on Friday 31st of July, 2026 AEST
Key Points
Q2 net income of $407 million, diluted EPS $1.53
Record aluminum segment Adjusted EBITDA of $1.07 billion
Agreement to acquire South32’s bauxite, alumina, and aluminum assets
Secured $3.1 billion bridge financing for acquisition
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