NYSE:AAMetals and Mining
Alcoa Monetizes Closed Sites As Data Center Demand Shapes Asset Mix
Alcoa (NYSE:AA) has agreed to sell ten closed industrial sites to buyers in the data center industry.
The assets involved are non operational facilities that are being repurposed for technology infrastructure use.
The transaction highlights a shift in how Alcoa is using legacy sites that are no longer part of its core production footprint.
For investors watching NYSE:AA, this move comes alongside a share price of $66.36 and multi period gains, including 7.8% over the past week and 17.4%...