Other corporate adjusted EBITDA impacts expected at about $(180) million, versus $(94) million year-to-date; transformation impacts guided at about $(100) million.
Guidance includes about $660 million in depreciation and amortization, about $135 million in interest expense, about $360 million in environmental and ARO payments.
FY26 production and shipment guidance
Alcoa forecast FY26 alumina production of 9.5-9.6 Mmt, versus 4.6 Mmt produced year-to-date through June 30, 2026.
Alumina shipments seen at 11.5-11.6 Mmt, versus 5.6 Mmt shipped year-to-date.
Aluminum production outlook set at 2.4-2.6 Mmt, versus 1.2 Mmt year-to-date; shipments guided at 2.6-2.8 Mmt, versus 1.3 Mmt.