OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor AAI ASX

ALCOA CORPORATION

Producer · Bauxite · Others · Australia · Brazil · Guinea · Spain · Canada · Iceland · Norway · United States · Saudi Arabia Rating locked: sign in to view v8.1 · aai-20261030t224404-full
Last 2026-11-06
A$55.94
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$14.8B
EV
A$15.2B
Cash
US$4.4B
Debt
US$4.8B

Narrative and provenance

Research & Sources

AI Analyst Report

The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.

Sign in or enter a guest code
Chronological evidenceSource-document inventory29 documents
AAI ASX closing price observationMarket Data · HighExtracted

Latest eligible raw close AUD 55.50, 30 October 2026; volume 684132; market data provider via miners.collect_stock_prices. One AAI CDI represents one common share.

Document ID
priceclose
Published UTC
2026-10-30T05:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Quarter ended 30 September 2026 Form 10-QResults · HighPartial

ASX lodged 08:19 on 30 October; SEC accepted 29 October. September balance sheet and nine-month cash flows, capacity, commodity operations, financing and transaction disclosures.

Document ID
q310q
Published UTC
2026-10-29T21:19:00+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
LME aluminium October 29 cash bidCommodity Data · MediumExtracted

29 October cash bid US$3,070.50 per tonne, reported 30 October; benchmark does not include product or regional premiums. Timestamp is a date-only convention.

Document ID
lmespot
Published UTC
2026-10-30T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
AAI market snapshot at cutoffMarket Data · MediumExtracted

Local command miners.v8db.market_snapshot AAI with 263,969,874 global shares: 52-week range A$53.92–116.85, returns 1/3/12 months -8.73%/-13.63%/-6.86%, relative mining index +1.42/-9.13/-15.72 percentage points, 20-day average traded value A$16.23 million. Time is a date-only convention.

Document ID
marketstats
Published UTC
2026-10-30T00:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
Century Aluminum October 29 closeMarket Data · MediumExtracted

NASDAQ 29 October 2026 close US$34.65; used with dated filing share count. Timestamp is a date-only convention.

Document ID
cenxprice
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Norsk Hydro October 29 market capitalizationMarket Data · MediumExtracted

Market capitalization US$14.43 billion on 29 October; external provider, basis not independently reconstructed. Timestamp is a date-only convention.

Document ID
hydrocap
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Norges Bank dollar reference rateMarket Data · MediumExtracted

Norges Bank 29 October reference rate 9.2826 NOK per US dollar. Timestamp is a date-only convention.

Document ID
nokfx
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
China Hongqiao October 29 closeMarket Data · MediumExtracted

29 October close HK$19.86; interim June share count is a dated proxy and subsequent repurchases can alter it. Timestamp is a date-only convention.

Document ID
hongprice
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Hong Kong dollar to renminbi rateMarket Data · MediumExtracted

29 October 2026 reference rate 0.8490 CNY per Hong Kong dollar. Timestamp is a date-only convention.

Document ID
hkdcnfx
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Western Australia alumina FOB assessmentCommodity Data · MediumExtracted

29 October FOB Western Australia alumina US$393 per tonne, SMM market assessment. Timestamp is a date-only convention.

Document ID
aluminaspot
Published UTC
2026-10-29T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Latest eligible AUD/USD repository observationMarket Data · HighExtracted

RBA-labelled AUD/USD rate 0.6941 collected 26 October Australian time in data/metal_prices.db; underlying fix date is not stored. Indicative conversion as of prior to the ASX cutoff session.

Document ID
fxcutoff
Published UTC
2026-10-25T19:36:04+00:00
Projects
—
Commodities
others
Open original source ↗
Norsk Hydro third quarter resultsOther · MediumExtracted

Q3 2026 adjusted EBITDA NOK 9,089 million and September net debt NOK 15.4 billion; different downstream and energy mix. Timestamp is a date-only convention.

Document ID
hydroresults
Published UTC
2026-10-23T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Third quarter 2026 earnings call transcriptPresentation · HighExtracted

Management discussed Alumar restart, Pinjarra recovery, WA mining approval delay, anticipated working capital release, Massena East conditional sale and AliGroup completion; market outlook is management opinion.

Document ID
q3call
Published UTC
2026-10-15T21:00:00+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
Debt offering closed, funding South32 cash considerationFinancing · HighExtracted

Closed $2.6bn senior notes: $1.5bn at 6.625% due 2034 and $1.1bn at 6.875% due 2036; net proceeds plus existing cash to fund $3.1bn acquisition cash portion; bridge commitment cancelled. Acquisition remains conditional. No September balance sheet published. Business Wire syndication timestamp 4:15PM EDT; SEC filing independently accepted 4:33:30PM EDT on the same date.

Document ID
septnotes
Published UTC
2026-09-23T20:15:00+00:00
Projects
—
Commodities
others
Open original source ↗
Alcoa schedules Q3 2026 results for October 15Results · HighExtracted

Q3 earnings scheduled October 15, 2026, after NYSE close. Schedule only; no Q3 financial results included before cutoff. Business Wire syndicated publication timestamp 08:59AM EDT; Australian first reacting session September 16.

Document ID
q3schedule
Published UTC
2026-09-15T12:59:00+00:00
Projects
—
Commodities
others
Open original source ↗
South32 notice and explanatory memorandum with independent expert reportTransaction · HighPartial

Cached physical pages reviewed; core financial, capacity and mineral tables visually checked. ASX upload includes September 11 SEC 8-K and September 10 South32 materials; image pages selectively reviewed, not all 320 pages. Exact ASX release instant preserved from source_timestamp_utc in the downloader manifest.

Document ID
southmemo
Published UTC
2026-09-13T22:17:29+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
Institutional holdings summaryGovernance · MediumExtracted

Compiled June 2026 13F reports filed through August 31; positions are historic and may overlap or exclude non-reporting holders. Time is a date-only convention.

Document ID
institution13f
Published UTC
2026-08-31T00:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
China Hongqiao first-half 2026 resultsOther · MediumExtracted

H1 cash RMB46.144bn, bank debt RMB35.865bn, other notes and convertible instruments RMB31.570bn, and issued shares 9.819bn; financial accounts six months old. Timestamp is a date-only convention.

Document ID
hongresults
Published UTC
2026-08-21T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Century Aluminum second quarter Form 10-QOther · MediumExtracted

June cash US$343.4 million, long-term debt US$480.0 million, 98,993,295 outstanding shares at August 4. Q2 results provide US$326.9 million adjusted EBITDA. Timestamp is a date-only convention.

Document ID
cenx10q
Published UTC
2026-08-06T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
Century Aluminum second quarter resultsOther · MediumExtracted

Q2 2026 adjusted EBITDA attributable to Century US$326.9 million and shipments 130,632 tonnes. Timestamp is a date-only convention.

Document ID
cenxresults
Published UTC
2026-08-06T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
FMR beneficial ownership filingGovernance · MediumExtracted

FMR reports 16,996,106 shares and 6.4% beneficial ownership as of June 30; voting and investment powers do not necessarily equal current holdings. Time is a date-only convention.

Document ID
fmr13g
Published UTC
2026-08-06T00:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
Second quarter 2026 Form 10-QResults · HighPartial

Cached physical pages reviewed; core financial, capacity and mineral tables visually checked. Only identified material sections are admitted as evidence; unread pages are not claimed. Timestamp records the verified SEC acceptance instant, a traceable public-availability bound, rather than an asserted earlier press-release time. SEC filing index https://www.sec.gov/Archives/edgar/data/1675149/000119312526326265/0001193125-26-326265-index.htm

Document ID
q210q
Published UTC
2026-07-30T20:35:11+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
Second quarter 2026 financial resultsResults · HighPartial

Cached physical pages reviewed; core financial, capacity and mineral tables visually checked. Only identified material sections are admitted as evidence; unread pages are not claimed. Timestamp records the verified SEC acceptance instant, a traceable public-availability bound, rather than an asserted earlier press-release time. SEC filing index https://www.sec.gov/Archives/edgar/data/1675149/000119312526306118/0001193125-26-306118-index.htm

Document ID
q2results
Published UTC
2026-07-16T20:12:48+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
Second quarter 2026 earnings call transcriptPresentation · HighExtracted

Cached physical pages reviewed; core financial, capacity and mineral tables visually checked. Only identified material sections are admitted as evidence; unread pages are not claimed. Exact conference-call start time 5PM EDT is printed on physical transcript page 1; subsequent transcript posting time is not disclosed.

Document ID
q2call
Published UTC
2026-07-16T21:00:00+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
2026 annual meeting voting resultsGovernance · HighPartial

Reviewed governance disclosures; publication date uses ASX calendar date and the timestamp is a date-only convention.

Document ID
agm2026
Published UTC
2026-05-12T00:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
Annual Report and Form 10-K for FY2025Results · HighPartial

Cached physical pages reviewed; core financial, capacity and mineral tables visually checked. Only identified material sections are admitted as evidence; unread pages are not claimed. Exact ASX release instant preserved from source_timestamp_utc in the downloader manifest.

Document ID
annual2025
Published UTC
2026-03-19T21:22:30+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
2026 annual meeting proxy statementGovernance · HighPartial

Reviewed governance disclosures; publication date uses ASX calendar date and the timestamp is a date-only convention.

Document ID
proxy2026
Published UTC
2026-03-20T00:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
USGS aluminium mineral commodity summaryOther · MediumExtracted

2026 commodity summary: bauxite resources 55–75 billion tonnes, US smelter restart plans; source date is January 2026 month-end convention. Timestamp is a date-only convention.

Document ID
usgsal
Published UTC
2026-01-31T00:00:00+00:00
Projects
—
Commodities
others
Open original source ↗
2024 annual report and Form 10-KResults · HighPartial

2024 reserve and resource tables reviewed on physical pages 37–38. Timestamp is a date-only convention.

Document ID
annual2024
Published UTC
2025-02-21T00:00:00+00:00
Projects
—
Commodities
bauxite · others
Open original source ↗
Evidence facts28
cdiratioCommon shares represented by each ASX CDI

1 ratio

2025-12-31
netpension573Net pension and OPEB liability

573000000.0 USD

2026-06-30
shares27julyCommon shares outstanding July 27

263909445 shares

2026-07-27
stockunitsRounded weighted-average dilutive stock units in Q2 EPS

2000000 shares

2026-06-30
cash1352cash1352

1352000000.0 USD

2026-06-30
debt2225debt2225

2225000000.0 USD

2026-06-30
book7370book7370

7370000000.0 USD

2026-06-30
maaden1360maaden1360

1360000000.0 USD

2026-06-30
aro1025Noncurrent ARO only; current component excluded

1025000000.0 USD

2026-06-30
env209Noncurrent environment liability only; current component excluded

209000000.0 USD

2026-06-30
nci67June NCI before subsequent August buyout

67000000.0 USD

2026-06-30
san100augSan Ciprian equity interest effective1August2026

100 %

2026-08-01
sanbuyout28San Ciprian remaining interest cash consideration

28000000.0 USD

2026-08-01
newconsiderationsharesExact new common shares/CDIs at acquisition completion

17008960 shares

2026-09-10
dealnetliabilitiesAssumed net debt and leases

750000000.0 USD

2026-09-10
expertassetvalueIndependent expert enterprise value midpoint, March31 basis

4787000000.0 USD

2026-03-31
newnotesSeptember senior note principal

2600000000.0 USD

2026-09-23
lastcloseRaw reference close

55.5 AUD/share

2026-10-30
usdperaudyUSD per AUD

0.6941 USD/AUD

2026-10-26
shareoctCommon shares outstanding

263969874 shares

2026-10-26
cashseptCash and cash equivalents

4408000000.0 USD

2026-09-30
debtseptCurrent and long-term debt, carrying value

4822000000.0 USD

2026-09-30
equityseptTotal equity

8245000000.0 USD

2026-09-30
npat9mNine-month income attributable to Alcoa

1315000000.0 USD

2026-09-30
cfo9mNine-month cash from operations

1072000000.0 USD

2026-09-30
capex9mNine-month capital expenditure

476000000.0 USD

2026-09-30
aluminaprodq3Quarterly alumina production

2467000 t

2026-09-30
metalprodq3Quarterly aluminium production

649000 t

2026-09-30
Conflicts requiring judgment1
  • Q2 producer AISC versus adjusted production cost

    Use latest quarter disclosed adjusted production operating cost, explicitly not AISC. Mineral resource/ reserve tonnage remains annual and is already attributable; neither metric is silently overwritten.