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ALCOA CORPORATION

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Three Alcoa-Operated Locations Receive Certifications From Aluminium Stewardship Initiative: Alcoa Corporation

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08/14/2019 | 05:14pm EDT

2019 AUG 14 (NewsRx) -- By a News Reporter-Staff News Editor at Ecology Daily News -- Alcoa Corporation, a global leader in bauxite, alumina and aluminum, announced that the Aluminium Stewardship Initiative (ASI) has certified three Alcoa-operated locations, one in each of the Company’s three business units.

The ASI certifications are valid for three years and include the Juruti bauxite mine in Brazil, the Alumar alumina refinery near Sao Luis, Brazil, and the aluminum smelter in San Ciprian, Spain.

“We are honored that ASI has certified these three locations and recognized our sustainable approach, which drives how we operate our facilities, manufacture our products, and interact with our communities,” said Alcoa President and Chief Executive Officer Roy Harvey. “We consistently work to produce bauxite, alumina and aluminum in a responsible manner, and achieving ASI Certification is an important differentiator for our Company as a recognized leader in sustainability.”

ASI is a global sustainability certification program for the aluminum industry, representing both upstream producers and downstream manufacturers who use the metal in their products. The certification process includes independent, third-party reviewers to verify responsible production, sourcing and stewardship as part of ASI’s standards. About Alcoa Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina, and aluminum products, and is built on a foundation of strong values and operating excellence dating back more than 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. Since developing the aluminum industry, and throughout our history, our talented Alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability, and stronger communities wherever we operate. Visit us online on www.alcoa.com, follow @Alcoa on Twitter, and on Facebook at http://www.facebook.com/Alcoa. Dissemination of Company Information Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20190730005853/en/

(Our reports deliver fact-based news of research and discoveries from around the world.)

Copyright © 2019 NewsRx LLC, Ecology Daily News, source Science Newsletters

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Financials (USD)
Sales 2019 10 706 M
EBIT 2019 1 165 M
Net income 2019 -545 M
Debt 2019 1 244 M
Yield 2019 -
P/E ratio 2019 -5,09x
P/E ratio 2020 13,1x
EV / Sales2019 0,43x
EV / Sales2020 0,39x
Capitalization 3 383 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 28,42  $
Last Close Price 18,23  $
Spread / Highest target 141%
Spread / Average Target 55,9%
Spread / Lowest Target 9,71%
EPS Revisions
Managers
NameTitle
Roy C. Harvey President, Chief Executive Officer & Director
Michael G. Morris Non-Executive Chairman
William F. Oplinger Chief Financial Officer & Executive Vice President
Ben Kahrs SVP-Strategy, Technology & Corporate Development
Ernesto Zedillo Ponce de León Independent Director
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