Alcoa expects higher alumina & aluminum output for 2026
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Update time : 2026-01-27 15:02:03
Alcoa Corp., a leading aluminum producer in the US, reported a 2025 net income of $1.17 billion, rising from $60 million in 2024. This growth accompanied a 15% revenue increase in the fourth quarter to $3.4 billion.
CEO William F. Oplinger said that these results were due to production records at five aluminum smelters and one alumina refinery during the year, coupled with the resolution of an Australian tax dispute and the Kwinana refinery closure.
For 2026, Alcoa forecasts alumina production between 9.7 and 9.9 million tons, and aluminum output is expected to reach 2.4 to 2.6 million tons as smelter restarts continue, both of which are higher than the figures in 2025.
Although the company anticipates maintenance and restart costs in the first quarter of 2026, it maintains that market conditions remain supportive for long-term growth and operational stability.
