Alcoa Corporation (NYSE:AA) Bank of America Global Metals, Mining and Steel Conference May 14, 2025 5:15 AM ET
Company Participants
Molly Beerman – Executive Vice President & Chief Financial Officer
Conference Call Participants
Lawson Winder – Bank of America
Lawson Winder
Welcome everybody. I’m excited to have with me here today from Alcoa Molly Beerman, who’s been the CFO now for well over a year. And I think it’s always interesting to have somebody that’s newer to a company because we tend to get a bit of a different perspective on the company.
Your boss and colleague had been with the company for 30-plus years. And so there’s a different way of thinking about the business. And with that as context would you mind kicking us off with a brief overview of Alcoa and thinking about the objectives for 2025 the state of the business and some of the key catalysts upcoming.
Molly Beerman
I’m glad to. Thanks Lawson. So, first of all, many of you may have expected Bill Oplinger to be here today, our CEO. Bill was invited to join the U.S. Saudi Investment Summit; which President Trump is attending with his U.S. administration in Saudi Arabia this week.
So, Bill is there increasing the understanding of aluminum as a critical mineral very important for us. He’s also using absolutely every opportunity that we get to be in front of the U.S. administration right now.
So, separate from the Investment Summit, we have been aggressively working with the administration on tariff relief for Alcoam, that has a value of about $400 million for our business annually.
Alcoa is a pure-play aluminum company. We’re integrated and organized in two business segments; alumina and aluminum. We operate 26 locations across nine countries on six continents and we employ 13,900 employees.
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