Alcoa (AA) Stock Poised for Breakout? Gallium Project, Tariff Relief & $40 Target Stun Investors!

Alcoa (AA) Stock Poised for Breakout? Gallium Project, Tariff Relief & $40 Target Stun Investors!

Alcoa’s stock story is a mix of bullish projects and market risks. The recent government-backed gallium plant (critical mineral for tech and defense) is a major positive, potentially diversifying Alcoa’s business beyond aluminium. Yet the industry is grappling with high US tariffs and costs. Below we break down these developments and what analysts are saying. Government support and the new Gallium project On Oct. 20, Alcoa announced that US and …

Governments Announce Support for Alcoa’s Gallium Critical Mineral Development Project in Western Australia

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) welcomes the announcement of the United States and Australian governments to advance the development of a gallium plant to be co-located at the Company’s Wag... L'articolo Governments Announce Support for Alcoa’s Gallium Critical Mineral Development Project in Western Australia è un contenuto originale di 01net.

US and Australian governments announce support for WA gallium project

The US and Australian governments have announced their intention to advance the development of a gallium plant at Alcoa’s alumina refinery in Western Australia.