HighGravityDataAlcoa — Jul 16, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-306118
Showing in the filing
Section 232 tariff costs on U.S. imports of aluminum from Canada sequential decrease
“approximately $10 million”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 12
Mosjøen casthouse upgrade project commission…
“scheduled to progress throughout 2028”
Alumina production projection for FY2026
“range between 9.5 and 9.6 million metric tons”
Alumina segment production for FY2026
“9.5 and 9.6 million metric tons”
Alumina shipments projection for FY2026
“range between 11.5 and 11.6 million metric tons”
Alumina segment shipments for FY2026
“11.5 and 11.6 million metric tons”
Total Aluminum segment production for FY2026
“ranging between 2.4 and 2.6 million metric tons”
Total Aluminum segment shipments for FY2026
“between 2.6 and 2.8 million metric tons”
Alumina Segment Adjusted EBITDA sequential f… for Q3 FY2026
“approximately $10 million”
Alumina costs in Aluminum segment sequential… for Q3 FY2026
“approximately $10 million”
Aluminum Segment Adjusted EBITDA for Q3 FY2026
“favorable impacts from efficiencies at higher production rates to fully offset higher carbon prices and seasonally lower third-party energy sales in Brazil”
Section 232 tariff costs on U.S. imports of … for Q3 FY2026
“approximately $10 million”
Operational tax expense for Q3 FY2026
“$80 million to $90 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
For the third quarter 2026 Aluminum Segment Adjusted EBITDA, Alcoa expects sequential favorable impacts from efficiencies at higher production rates to fully offset higher carbon prices and seasonally lower third-party energy sales in Brazil. Based on recent pricing and expected lower shipments, Section 232 tariff costs on U.S. imports of aluminum from Canada are expected to decrease by approximately $10 million sequentially. Alumina costs in the Aluminum segment are expected to be unfavorable by approximately $10 million sequentially. Based on current alumina and aluminum market conditions, Alcoa expects third quarter 2026 operational tax expense to approximate $80 million to $90 million, which may vary with market conditions and jurisdictional profitability. Conference Call Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Daylight Time (EDT) / 7:00 a.m. Australian Eastern Standard Time (AEST) on Thursday, July 16, 2026 / Friday, July 17, 2026, to present second quarter 2026 financial results and discuss the business, developments, and market conditions. The call will be webcast via the Company’s homepage on www.alcoa.com. Presentation materials for the call will be available for viewing on the same website at approximately 4:15 p.m. EDT on July 16, 2026 / 6:15 a.m. AEST on July 17, 2026. Call information and related details are available under the “Investors” section of www.alcoa.com. 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 thr
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.