tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Alcoa Announces Permanent Closure of Kwinana Refinery

Story Highlights
  • Alcoa Corporation announced the permanent closure of its Kwinana alumina refinery in Western Australia.
  • The closure will result in restructuring charges of $890 million and impact 220 employees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alcoa Announces Permanent Closure of Kwinana Refinery

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Alcoa ( (AA) ) has provided an announcement.

On September 29, 2025, Alcoa Corporation announced the permanent closure of its Kwinana alumina refinery in Western Australia, which had been fully curtailed since June 2024. The decision was influenced by factors such as the refinery’s age, operating costs, and market conditions. The closure will result in restructuring charges of approximately $890 million, with cash outlays expected to reach $600 million over six years. The refinery’s closure will impact approximately 220 employees, with severance costs previously recorded in 2024.

The most recent analyst rating on (AA) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Alcoa stock, see the AA Stock Forecast page.

Spark’s Take on AA Stock

According to Spark, TipRanks’ AI Analyst, AA is a Outperform.

Alcoa’s overall stock score reflects a strong financial recovery and attractive valuation, but is tempered by short-term challenges from revenue declines and tariff costs. Positive technical indicators and strategic advancements provide some support.

To see Spark’s full report on AA stock, click here.

More about Alcoa

Alcoa Corporation is a leading player in the aluminum industry, primarily focusing on the production of alumina and aluminum products. The company operates globally, with a significant market presence in the mining and refining of bauxite into alumina, a key component in aluminum production.

Average Trading Volume: 5,954,216

Technical Sentiment Signal: Hold

Current Market Cap: $8.76B

Learn more about AA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1