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Alcoa invests $60M in US aluminium smelter & signs 10-year energy pact at the same time

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Update time : 2025-10-24 16:30:28
Alcoa Corporation has recently announced two significant developments for its Massena Operations in New York. One is the new 10-year energy pact with  New York Power Authority (NYPA), and the other is an investment of USD 60 million, a grant from Empire State Development (ESD) in the facility’s anode baking furnace. It would help to strengthen the aluminium production in the United States through a more sustainable method.

This pact of 10 years would provide the Massena Operations with almost 240 megawatts of renewable energy. It would be effective from April 1, 2026, comprising a possibility of extending the pact for almost two more additional five years. Alcoa Corporation is a leading organisation in the manufacturing of bauxite, alumina and aluminium products with various sustainable methods.

Alcoa President and CEO William F. Oplinger stated, “We are proud to make aluminium in New York and the United States. Long-term, competitively priced energy enables Alcoa to proceed with this important investment that will help us meet the demands of today while planning for tomorrow. We are extremely pleased to have worked with NYPA and ESD to achieve this outcome for our Massena Operations, which will continue to bring economic benefits to the region and sustain American manufacturing.”

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