BRIEF-Alcoa and IGNIS EQT Form Joint Venture to Support Future of Alcoa San Ciprián Operations

Reuters04-01

April 1 (Reuters) - Alcoa Corp AA.N:

  • ALCOA AND IGNIS EQT FORM JOINT VENTURE TO SUPPORT FUTURE OF ALCOA SAN CIPRIÁN OPERATIONS

  • ALCOA CORP: UNDER JV DEAL, EFFECTIVE MARCH 31, 2025, CO WILL OWN A 75% INTEREST & CONTINUE AS MANAGING OPERATOR & IGNIS EQT WILL OWN A 25% INTEREST

  • ALCOA CORP: CO & IGNIS EQT CONTRIBUTED $81 (EUR 75) MILLION & $27 (EUR 25) MILLION, RESPECTIVELY, TO FORM JV & FUND OPERATIONS

Source text: ID:nBw9RH9Rsa

Further company coverage: AA.N

((Reuters.Briefs@thomsonreuters.com;))

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