Alcoa plans to sell 10 sites to the data center industry

格隆汇2026/02/25 02:00

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Glonghui, February 25th｜Alcoa stated that it is seeking to sell its 10 closed or downsized sites to the data center industry, with the first transaction expected to be completed by the end of June. The company noted that high aluminum prices have not dampened demand in the United States, but the sluggish price of raw material alumina has resulted in cash flow losses at 50% of refineries worldwide.

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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

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