Lachlan Shaw's questions to Alcoa Corp (AA) leadership • Q3 2024
Question
Lachlan Shaw asked for Alcoa's perspective on the Western Australia mine approval process, including potential conditions and scenarios, given a peer's recent experience and stricter environmental standards.
Answer
CEO William Oplinger expressed confidence in the process, targeting approval by early 2026. CFO Molly Beerman added that Alcoa had proactively adopted many of the stricter mining conditions last year, putting them in a strong position. She also highlighted Alcoa's different cost profile due to using natural gas, which mitigates some carbon-related cost pressures faced by peers.