Alcoa Corporation reported net income attributable to the company of $944 million for the nine-month period ended September 30, 2025, compared to a net loss of $142 million in the same period of 2024. The $1.086 billion change was primarily driven by gains on the sale of interest in a Saudi Arabia joint venture, higher aluminum and alumina prices, favorable mark-to-market results on Ma'aden shares and derivative instruments, favorable currency impacts, higher volumes and prices from bauxite offtake and supply agreements, and lower taxes. These factors were partially offset by higher restructuring charges and tariffs on U.S. imports of aluminum from Canada. For the third quarter ended September 30, 2025, net income attributable to Alcoa Corporation was $232 million, up from $164 million in the previous quarter. Sales for the third quarter of 2025 decreased by $23 million compared to the previous quarter, primarily due to lower volumes and prices from bauxite offtake and supply agreements, lower shipments of aluminum, and unfavorable currency impacts. This decline was partially offset by a higher average realized price of aluminum.