---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-115018"
form_type: "8-K"
ticker: "AA"
cik: "0001675149"
company_name: "Alcoa Corp"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:47:41.904515+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alcoa Q3 net income $90M ($0.38/sh); adj. net income $135M; Alumina Ltd acquisition closed

## Summary
- Revenue flat sequentially at $2.9B; Adjusted EBITDA ex-special items rose to $455M from $325M in Q2.
- Completed Alumina Limited acquisition on Aug 1, 2024; announced sale of 25.1% Ma'aden interest for ~$1.1B.
- Profitability improvement program 80% of $645M target achieved; on track for full target by year-end 2025.
- Paid $0.10/share quarterly dividend; cash balance $1.3B; secured new 9-year power agreement with AGL for Portland smelter.
- Alumina production down 4% sequentially; aluminum production up 3%; long-term alumina supply deal with Alba (16.5M tonnes).

## SEC filing metadata
- accession: 0000950170-24-115018
- form_type: 8-K
- ticker: AA
- cik: 0001675149
- company_name: Alcoa Corp
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675149/000095017024115018/0000950170-24-115018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675149/000095017024115018/aa-20241016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-115018
- JSON: https://secwatch.observer/filing/0000950170-24-115018.json
- Plain text: https://secwatch.observer/filing/0000950170-24-115018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.