On the company’s quarterly call, Alcoa (AA) CEO William Oplinger said the company is in advanced discussions to sell its defunct Messina East smelter site for a “data center project.” The company noted that the potentital developer has applied for public review, adding that it is still finalizing terms and won’t comment on value. Alcoa added that it is making “progress” on two other defunct site sales.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AA: