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19-Jan-2017 04:06

Accordingly, the financial results of Alcoa Corporation for the first ten months of 2016 (including the first month of fourth quarter 2016) were prepared on such basis.

The carve-out financial statements of Alcoa Corporation are not necessarily indicative of Alcoa Corporation’s consolidated results of operations, financial position, and cash flows had it been a standalone company during the referenced period.

On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance.

Alcoa additionally maintained solid profitability despite lower alumina pricing." data-reactid="27"Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information." data-reactid="24"Alcoa Corporation became an independent, publicly traded company on November 1, 2016.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information.2 Based on actual results for 1H17, outlook for 2H17 at

Accordingly, the financial results of Alcoa Corporation for the first ten months of 2016 (including the first month of fourth quarter 2016) were prepared on such basis.The carve-out financial statements of Alcoa Corporation are not necessarily indicative of Alcoa Corporation’s consolidated results of operations, financial position, and cash flows had it been a standalone company during the referenced period.On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance.Alcoa additionally maintained solid profitability despite lower alumina pricing." data-reactid="27"Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information." data-reactid="24"Alcoa Corporation became an independent, publicly traded company on November 1, 2016.See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information.2 Based on actual results for 1H17, outlook for 2H17 at $1,900 LME, $305 API, and updated regional premiums and foreign currencies.______________________________________________________________________" data-reactid="26"______________________________________________________________________AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.Alcoa ended second quarter 2017 with cash on hand of $954 million with $1.4 billion of debt for net debt of $0.5 billion.The Company reported 18 days working capital.announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

||

Accordingly, the financial results of Alcoa Corporation for the first ten months of 2016 (including the first month of fourth quarter 2016) were prepared on such basis.

The carve-out financial statements of Alcoa Corporation are not necessarily indicative of Alcoa Corporation’s consolidated results of operations, financial position, and cash flows had it been a standalone company during the referenced period.

On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance.

Alcoa additionally maintained solid profitability despite lower alumina pricing." data-reactid="27"Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information." data-reactid="24"Alcoa Corporation became an independent, publicly traded company on November 1, 2016.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information.2 Based on actual results for 1H17, outlook for 2H17 at $1,900 LME, $305 API, and updated regional premiums and foreign currencies.______________________________________________________________________" data-reactid="26"______________________________________________________________________AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

Alcoa ended second quarter 2017 with cash on hand of $954 million with $1.4 billion of debt for net debt of $0.5 billion.

The Company reported 18 days working capital.announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

,900 LME, 5 API, and updated regional premiums and foreign currencies.______________________________________________________________________" data-reactid="26"______________________________________________________________________AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

Alcoa ended second quarter 2017 with cash on hand of 4 million with

Accordingly, the financial results of Alcoa Corporation for the first ten months of 2016 (including the first month of fourth quarter 2016) were prepared on such basis.The carve-out financial statements of Alcoa Corporation are not necessarily indicative of Alcoa Corporation’s consolidated results of operations, financial position, and cash flows had it been a standalone company during the referenced period.On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance.Alcoa additionally maintained solid profitability despite lower alumina pricing." data-reactid="27"Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information." data-reactid="24"Alcoa Corporation became an independent, publicly traded company on November 1, 2016.See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information.2 Based on actual results for 1H17, outlook for 2H17 at $1,900 LME, $305 API, and updated regional premiums and foreign currencies.______________________________________________________________________" data-reactid="26"______________________________________________________________________AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.Alcoa ended second quarter 2017 with cash on hand of $954 million with $1.4 billion of debt for net debt of $0.5 billion.The Company reported 18 days working capital.announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

||

Accordingly, the financial results of Alcoa Corporation for the first ten months of 2016 (including the first month of fourth quarter 2016) were prepared on such basis.

The carve-out financial statements of Alcoa Corporation are not necessarily indicative of Alcoa Corporation’s consolidated results of operations, financial position, and cash flows had it been a standalone company during the referenced period.

On a sequential basis, the Company increased revenue on higher shipments and grew its cash balance.

Alcoa additionally maintained solid profitability despite lower alumina pricing." data-reactid="27"Alcoa Corporation (AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information." data-reactid="24"Alcoa Corporation became an independent, publicly traded company on November 1, 2016.

See the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2016 filed with the United States Securities and Exchange Commission on March 15, 2017 for additional information.2 Based on actual results for 1H17, outlook for 2H17 at $1,900 LME, $305 API, and updated regional premiums and foreign currencies.______________________________________________________________________" data-reactid="26"______________________________________________________________________AA), a global leader in bauxite, alumina, and aluminum products, today reported second quarter 2017 results.

Alcoa ended second quarter 2017 with cash on hand of $954 million with $1.4 billion of debt for net debt of $0.5 billion.

The Company reported 18 days working capital.announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

.4 billion of debt for net debt of

These statements reflect beliefs and assumptions that are based on Alcoa Corporation’s perception of historical trends, current conditions and expected future developments, as well as other factors that management believes are appropriate in the circumstances.

The Company based its decision on its ability to increase the integrated asset’s capacity utilization, the smelter’s ability to directly supply molten metal to the mill, and the mill’s anticipated production increase of flat-rolled aluminum for the food and beverage can packaging industry." data-reactid="36"On July 11, 2017, Alcoa announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

The Company based its decision on its ability to increase the integrated asset’s capacity utilization, the smelter’s ability to directly supply molten metal to the mill, and the mill’s anticipated production increase of flat-rolled aluminum for the food and beverage can packaging industry.

Forward-Looking Statements" data-reactid="52"Forward-Looking Statements This press release contains 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.

.5 billion.

The Company reported 18 days working capital.announced plans to restart three of five potlines at its Warrick Operations smelter to supply the co-located rolling mill.

Forward-looking statements include those containing such words as “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “outlook,” “plans,” “projects,” “seeks,” “sees,” “should,” “targets,” “will,” “would,” or other words of similar meaning.Conference Call" data-reactid="45"Conference Call Alcoa will hold its quarterly conference call at p.m.

Forward-looking statements include those containing such words as “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “outlook,” “plans,” “projects,” “seeks,” “sees,” “should,” “targets,” “will,” “would,” or other words of similar meaning.

Conference Call" data-reactid="45"Conference Call Alcoa will hold its quarterly conference call at p.m.



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