Alcoa Increases Casting Capability in North America With Investment in Canada

Alcoa Corporation (NYSE: AA) today announced that construction will soon begin on a project to increase the casting capabilities at its Deschambault smelter in Canada to include standard ingots.

The new casting equipment will be constructed in an existing building, with the project fully complete in the first quarter of 2023. The output from the approximately $8 million return-seeking capital investment will complement the site’s two existing vertical casting pits, which exclusively cast T-bar ingots.

Adding standard ingot casting to the site’s capabilities will allow greater flexibility for alloying in smaller batches to meet customer needs for value-add products such as foundry alloys for the automotive industry. Each standard ingot weighs approximately 10.5 kilograms.

“We are working directly with a customer to bring this production capacity online to meet specific needs in the North American market,” said Kelly Thomas, Executive Vice President and Chief Commercial Officer. “Providing this increased capability at Deschambault is a direct result of collaboration with our location and our customers, and we are proud to see this work get underway.”

Earlier this year, the Deschambault smelter, which is celebrating its 30^th anniversary this year, completed the installation of additional electrical infrastructure that will allow it to continue to creep its production. The smelter has a nameplate capacity of 287,000 metric tons of aluminum per year.

About Alcoa Corporation

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate. 

Learn more about Alcoa’s sustainability strategy and social, economic, and environmental progress at www.alcoa.com/sustainability.

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