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Alcoa, IGNIS EQT form JV to support Spain’s San Ciprián complex operations

Summary by Jingletree
Alcoa and IGNIS EQT, an energy company, have entered into a joint venture (JV) agreement to ensure continued stable and sustainable operations at Alcoa's San Ciprián complex. Effective 31 March 2025, Alcoa holds a 75% interest in the complex and will continue as the managing operator, with IGNIS EQT owning the remaining 25% stake. Alcoa and IGNIS EQT have contributed $81m and $27m, respectively, to the JV and to fund the complex’s operations. Ad…
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El Progreso de Lugo broke the news in on Tuesday, April 1, 2025.
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