Alcoa Corporation announced today that Roy C. Harvey, President
and CEO, and William F. Oplinger, Executive Vice President and CFO,
will participate in a question and answer session at the Bank of
America Securities 2022 Global Metals, Mining & Steel
Conference in Miami, Florida, beginning at 4:00 p.m. on Tuesday,
May 17, 2022.
The question and answer session will follow introductory
comments regarding the Company's outlook in the current market and
other matters.
A real-time audio webcast of this session will be available on
the “Investors” section of Alcoa’s website, www.alcoa.com.
A slide presentation, to be used in connection with the
conference and investor meetings, will be available on the
“Investors” section of the Company’s website at www.alcoa.com
beginning at approximately 7:00 a.m. EDT on Tuesday, May 17,
2022.
A transcript and audio replay will also be available after the
session on the “Investors” section of www.alcoa.com.
About Alcoa Corporation
Alcoa (NYSE: AA) 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 and
webcasts.
Forward-Looking Statements
The session will contain 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. Forward-looking statements include those containing such
words as “aims,” “ambition,” “anticipates,” “believes,” “could,”
“develop,” “endeavors,” “estimates,” “expects,” “forecasts,”
“goal,” “intends,” “may,” “outlook,” “potential,” “plans,”
“projects,” “reach,” “seeks,” “sees,” “should,” “strive”,
“targets,” “will,” “working,” “would,” or other words of similar
meaning. All statements by Alcoa Corporation that reflect
expectations, assumptions or projections about the future, other
than statements of historical fact, are forward-looking statements,
including, without limitation, forecasts concerning global demand
growth for bauxite, alumina, and aluminum, and supply/demand
balances; statements, projections or forecasts of future or
targeted financial results, or operating or sustainability
performance; statements about strategies, outlook, and business and
financial prospects; and statements about capital allocation and
return of capital. 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. Forward-looking statements are not guarantees of
future performance and are subject to known and unknown risks,
uncertainties, and changes in circumstances that are difficult to
predict. Although Alcoa Corporation believes that the expectations
reflected in any forward-looking statements are based on reasonable
assumptions, it can give no assurance that these expectations will
be attained and it is possible that actual results may differ
materially from those indicated by these forward-looking statements
due to a variety of risks and uncertainties. Such risks and
uncertainties include, but are not limited to: (a) current and
potential future impacts to the global economy and our industry,
business and financial condition caused by various worldwide or
macroeconomic events, such as the COVID-19 pandemic and the ongoing
conflict between Russia and Ukraine, and related regulatory
developments; (b) material adverse changes in aluminum industry
conditions, including global supply and demand conditions and
fluctuations in London Metal Exchange-based prices and premiums, as
applicable, for primary aluminum and other products, and
fluctuations in indexed-based and spot prices for alumina; (c)
changes in global economic and financial market conditions
generally, such as inflation and interest rate increases, and which
may also affect Alcoa Corporation’s ability to obtain credit or
financing upon acceptable terms or at all; (d) unfavorable changes
in the markets served by Alcoa Corporation; (e) the impact of
changes in foreign currency exchange and tax rates on costs and
results; (f) increases in energy or raw material costs, or
uncertainty of or disruption to energy or raw materials supply, and
to the supply chain including logistics; (g) the inability to
execute on strategies related to or achieve improvement in
profitability and margins, cost savings, cash generation, revenue
growth, fiscal discipline, environmental- and social-related goals
and targets, or strengthening of competitiveness and operations
anticipated from portfolio actions, operational and productivity
improvements, technology advancements, and other initiatives; (h)
the inability to realize expected benefits, in each case as planned
and by targeted completion dates, from acquisitions, divestitures,
restructuring activities, facility closures, curtailments,
restarts, expansions, or joint ventures; (i) political, economic,
trade, legal, public health and safety, and regulatory risks in the
countries in which Alcoa Corporation operates or sells products;
(j) labor disputes and/or work stoppages and strikes; (k) the
outcome of contingencies, including legal and tax proceedings,
government or regulatory investigations, and environmental
remediation; (l) the impact of cyberattacks and potential
information technology or data security breaches; (m) risks
associated with long-term debt obligations; (n) the timing and
amount of future cash dividends and share repurchases; (o) declines
in the discount rates used to measure pension and other
postretirement benefit liabilities or lower-than-expected
investment returns on pension assets, or unfavorable changes in
laws or regulations that govern pension plan funding; and, (p) the
other risk factors discussed in Part I Item 1A of Alcoa
Corporation’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2021 and other reports filed by Alcoa Corporation with
the U.S. Securities and Exchange Commission. Alcoa Corporation
disclaims any obligation to update publicly any forward-looking
statements, whether in response to new information, future events
or otherwise, except as required by applicable law. Market
projections are subject to the risks described above and other
risks in the market.
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version on businesswire.com: https://www.businesswire.com/news/home/20220506005007/en/
Investor Contact: James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact: Jim Beck 412-315-2909 Jim.Beck@alcoa.com
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