An old Alcoa plant in Upstate New York is going to be converted into one of the world's largest bitcoin mining centers [CNBC]
Alcoa Corporation (AA)
Last alcoa corporation earnings: 4/22 04:10 pm
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Source: CNBC
Despite bitcoin's price drop this year, crypto mining company Coinmint is moving ahead with plans to revamp Alcoa's 1,300 acre plot once used for aluminum smelting. Coinmint said Tuesday it would invest up to $700 million in its new location on the Canadian border, creating an estimated 150 jobs over the next 18 months. The company signed a lease with Alcoa on December 1 of last year when bitcoin was near $11,000 — since then it has dropped about 30 percent. Published 1 Hour Ago Updated 1 Hour Ago CNBC.com
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News
- What's Hurting The Aluminum Market Should Be Good For Alcoa [Seeking Alpha]Seeking Alpha
- Industrial leader Dag J. Opedal elected to be the new Chair of HydrogenPro ASA [Yahoo! Finance]Yahoo! Finance
- Alcoa raised at Morgan Stanley on cost saving measures [Seeking Alpha]Seeking Alpha
- Alcoa Co. (NYSE: AA) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $36.50 price target on the stock, up previously from $28.50.MarketBeat
- Alcoa Co. (NYSE: AA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
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Earnings
- 4/17/24 - Miss
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Sec Filings
- 4/24/24 - Form DEFA14A
- 4/18/24 - Form DEFA14A
- 4/17/24 - Form DEFA14A
- AA's page on the SEC website