Alcoa Corporation (NYSE: AA) announced today that William F.
Oplinger, President and Chief Executive Officer, will present at
the BMO Global Metals, Mining & Critical Minerals Conference in
Hollywood, Florida on February 27, 2024.
At 9:30 a.m. EST, Oplinger will deliver a presentation regarding
Alcoa’s business, market conditions, and outlook in the current
market, including factors that could affect the Company’s present
quarter’s financial results. His presentation will be followed by a
brief question-and-answer session.
A slide presentation, which will be used in connection with
February conferences and investor meetings, will be on the
“Investors” section of the Company’s website at www.alcoa.com on
Monday, February 26, 2024.
A live audio webcast of the session will be available on the
“Investors” section of Alcoa’s website, www.alcoa.com. A transcript
and audio replay will also be available after the session on the
“Investors” section of www.alcoa.com.
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.
Dissemination of Company Information
Alcoa intends to make future announcements regarding company
developments and financial performance through its website,
www.alcoa.com, as well as through press releases, filings with the
Securities and Exchange Commission, conference calls and
webcasts.
Forward-Looking Statements
This session will contain statements that relate to future
events and expectations and as such constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include those
containing such words as “aims,” “ambition,” “anticipates,”
“believes,” “could,” “develop,” “endeavors,” “estimates,”
“expects,” “forecasts,” “goal,” “intends,” “may,” “outlook,”
“potential,” “plans,” “projects,” “reach,” “seeks,” “sees,”
“should,” “strive,” “targets,” “will,” “working,” “would,” or other
words of similar meaning. All statements by Alcoa that reflect
expectations, assumptions or projections about the future, other
than statements of historical fact, are forward-looking statements,
including, without limitation, forecasts concerning global demand
growth for bauxite, alumina, and aluminum, and supply/demand
balances; statements, projections or forecasts of future or
targeted financial results, or operating performance (including our
ability to execute on strategies related to environmental, social
and governance matters); statements about strategies, outlook, and
business and financial prospects; and statements about capital
allocation and return of capital. These statements reflect beliefs
and assumptions that are based on Alcoa’s perception of historical
trends, current conditions, and expected future developments, as
well as other factors that management believes are appropriate in
the circumstances. Forward-looking statements are not guarantees of
future performance and are subject to known and unknown risks,
uncertainties, and changes in circumstances that are difficult to
predict. Although Alcoa believes that the expectations reflected in
any forward-looking statements are based on reasonable assumptions,
it can give no assurance that these expectations will be attained
and it is possible that actual results may differ materially from
those indicated by these forward-looking statements due to a
variety of risks and uncertainties. Such risks and uncertainties
include, but are not limited to: (a) cyclicality of the aluminum
industry and aluminum end use markets, including due to the
influence of global economic conditions, and unfavorable changes in
the markets served by Alcoa; (b) the effects of non-market forces,
such as government policies and political instability, on global
aluminum supply and demand; (c) volatility and declines in aluminum
industry, including global supply and demand conditions and
fluctuations in London Metal Exchange-based prices and premiums, as
applicable, for primary aluminum and other commodities, and
fluctuations in indexed-based and spot prices for alumina; (d)
legal, regulatory, economic, political, trade, public health and
safety, and reputational risks and conditions, including changes in
conditions beyond our control as a result of our participation in
increasingly competitive and complex global markets; (e) our
ability to obtain, maintain, or renew permits or approvals
necessary for our mining operations; (f) unfavorable changes in
cost, quality, or availability of key inputs, including energy and
raw materials, or uncertainty of or disruption to the supply chain
including logistics; (g) our ability to realize expected benefits
or achieve intended results, including as planned and by targeted
completion dates, from announced strategies, plans, programs, or
initiatives relating to our portfolio, profitability, capital
investments, and developing technologies, and from joint ventures
or other strategic alliances or business transactions; (h)
fluctuations in foreign currency exchange and tax rates on costs
and results; (i) changes in tax laws or exposure to additional tax
liabilities; (j) changes in global economic and financial market
conditions generally, such as inflation, recessionary conditions,
and interest rate increases, which may also affect Alcoa’s ability
to obtain credit or financing upon acceptable terms or at all; (k)
current and potential future impacts to the global economy and our
industry, business and financial condition caused by various
worldwide or macroeconomic events, such as the ongoing conflict
between Russia and Ukraine; (l) global competition within and
beyond the aluminum industry; (m) our ability to obtain or maintain
adequate insurance coverage; (n) the outcomes of contingencies,
including legal and tax proceedings, government or regulatory
investigations, and environmental remediation, or changes in
foreign and/or U.S. federal, state, or local laws, regulations, or
policies; (o) the impacts of climate change, related legislation or
regulations, and efforts to reduce greenhouse gas emissions and our
ability to achieve strategies and expectations related to climate
change and other environmental matters; (p) claims, costs and
liabilities resulting from the impact of our operations, including
impoundments, or from health, safety, and environmental laws,
regulations, and requirements, in the areas where we operate; (q)
the impact of cyberattacks and potential information technology or
data security breaches, including disruptions to our operations,
liability, and reputational harm; (r) our ability to fund capital
expenditures; (s) risks associated with long-term debt obligations
including restrictions on our current and future operations as a
result of our indebtedness; (t) our ability to continue to return
capital to stockholders through cash dividends and/or share
repurchases; (u) the impact of labor disputes, work stoppages and
strikes, or other employee relations issues, as well as labor
market conditions; (v) declines in the discount rates used to
measure pension and other postretirement benefit liabilities or
lower-than-expected investment returns on pension assets, or
unfavorable changes in laws or regulations that govern pension plan
funding; and (w) the other risk factors discussed in Alcoa’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2022 and
other reports filed by Alcoa with the SEC. Alcoa disclaims any
obligation to update publicly any forward-looking statements,
whether in response to new information, future events or otherwise,
except as required by applicable law. Market projections are
subject to the risks described above and other risks in the
market.
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version on businesswire.com: https://www.businesswire.com/news/home/20240215095600/en/
Investor Contact: James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact: Jim Beck 412-315-2909 James.Beck@alcoa.com
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