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AI brief of an SEC Form 8-K · Alcoa (AA)

Alcoa to permanently close Kwinana refinery, record about $890 million in Q3 charges

Negative Impact 4 of 5 restructuring Written later

Alcoa approved the permanent closure of its 2.2 million metric ton Kwinana alumina refinery in Western Australia, which has been fully curtailed since June 2024. The company will record about $890 million in restructuring and related charges in the third quarter of 2025, and expects total cash outlays of about $600 million over the next six years.

Key points

  • Charges of about $890 million ($623 million after-tax, or $2.41 per share) in Q3 2025, including about $375 million of non-cash impairment charges
  • Expected cash outlays of about $600 million over six years, with about $75 million in Q4 2025
  • About 220 employees affected; demolition and remediation to begin in 2026
  • Severance of $41 million was previously recorded in Q1 2024

The filing

CompanyAlcoa (AA)
Form8-K, current report
Filed with the SECSep 29, 2025, 7:07 PM ET
Accession number0001193125-25-223652

Items reported: 2.05 Exit / Restructuring Costs2.06 Material Impairment

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.