Alcoa publishes Q3 2026 earnings call transcript
AA•Alcoa reported third-quarter net income of $483 million, up from $407 million sequentially, and adjusted EBITDA of $789 million. The AliGroup acquisition remains on track to close in the first half of 2027, with $2.6 billion in debt financing secured.
1. Quarterly results and updates
Alcoa's third-quarter 2026 earnings call on October 15 featured CEO William Oplinger, CFO Molly Beerman and treasury executive Louis Langlois. The company said the AliGroup acquisition remains on track to close in the first half of 2027 and that $2.6 billion in debt financing is secured. A Massena East agreement could generate up to $315 million, including $50 million to $65 million expected at closing within six months.
2. Mining approvals
Western Australian mining approvals now extend into 2027. Alcoa said approvals by midyear would not materially worsen bauxite supply, quality or costs.
