Alcoa Unveils $625 Million Capital Expenditure Plan for 2025

Deep News

2025/10/23

On Thursday morning, shares of Alcoa (AA) surged 14.4% following the company's announcement of a $625 million capital expenditure plan for 2025, aimed at boosting aluminum shipments in the fourth quarter on the basis of record production levels. The company reported a net profit of $232 million for the third quarter, with strategic initiatives that include the closure of the Kwinana refinery and new energy contracts to enhance operational efficiency.

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