Alcoa Corporation Welcomes Final Regulations on Advanced Manufacturing Production Credit
2024年10月26日 - 8:12AM
ビジネスワイヤ(英語)
Alcoa Corporation (NYSE: AA; ASX: AAI) welcomes the U.S.
Treasury Department’s final regulations on the Section 45X Advanced
Manufacturing Production Credit, enacted as part of the Inflation
Reduction Act (IRA).
As recognized by the Administration, Section 45X is an important
tool for shoring up domestic manufacturing of critical materials,
including commercial-grade aluminum from Alcoa’s U.S. smelters in
Newburgh, Indiana, and Massena, New York. The aluminum produced at
these facilities plays a crucial role in multiple domestic
manufacturing segments including clean energy, automotive,
aerospace and building materials.
Alcoa is pleased that the Treasury Department included some
direct and indirect material costs. We continue to evaluate the
regulations in detail to determine impacts to our U.S.
smelters.
About Alcoa Corporation
Alcoa (NYSE: AA, ASX: AAI) 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, media
broadcasts, and webcasts. The Company does not incorporate the
information contained on, or accessible through, its corporate
website into this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20241025084702/en/
Investor Contact: Yolande Doctor 412-992-5450
Yolande.B.Doctor@Alcoa.com
Media Contact: Courtney Boone 412-527-9792
Courtney.Boone@Alcoa.com
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