Alcoa Aims to Sell 10 Closed Sites to Data Center Industry, Targets First Sale by June 2026

Published: Feb 27, 2026 15:07

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[SMM Aluminum Express News] Alcoa CEO Bill Oplinger confirmed at the BMO Global Metals, Mining and Critical Minerals Conference in Florida (Feb 24, 2026) that the company is targeting the sale of 10 closed or curtailed sites (mostly former aluminum smelters/refineries) to the data center industry, capitalizing on surging power demand for AI infrastructure.

He stated: “We have 10 sites that we’re focused on selling into that space... We think we’ll have the first sale in the first half of this year. There are two that could follow quickly after that.”

The first deal is expected to close by the end of June 2026. Specific sites and buyers remain undisclosed. This follows similar moves by rivals like Century Aluminum.

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