GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Corp (XTER:185) » Definitions » Receipts from Government Grants

Alcoa (XTER:185) Receipts from Government Grants


View and export this data going back to 2020. Start your Free Trial

What is Alcoa Receipts from Government Grants?

Receipts from Government Grants only applicable to companies reporting Cash Flow from Operations in direct method.


Alcoa Business Description

Industry
Address
201 Isabella Street, Suite 500, Pittsburgh, PA, USA, 15212-5858
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and the eighth-largest aluminum producer. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024, meaning refining assets are now predominantly wholly owned, as with smelting.