1835 ET - President Trump's goal of bringing aluminum production to the U.S. may be difficult to achieve, said Alcoa Chief Executive William Oplinger in the company's 2Q earnings call. Building a new aluminum plant in the U.S. would take about five years, while replacing all of the U.S. aluminum imports with domestic production would take six gigawatts of energy and $30 billion, Oplinger said. He said he has met several times with top U.S. and Canadian officials to convince them of the challenges of moving production to the U.S. and the benefits for both economies of open trade between Canada and the U.S. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 18:35 ET (22:35 GMT)
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