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Alcoa Corporation Reaches Early Termination Agreement for Power Contract Tied to Curtailed Rockdale Smelter in Texas

PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation (NYSE:AA), a global leader in bauxite, alumina and aluminum products, today announced that the Company and power provider Luminant Generation Company LLC have terminated the electricity contract tied to Alcoa’s Rockdale Operations in Texas. The smelter at Rockdale has been fully curtailed since the end of 2008. The termination of the contract, which had been set to expire no later than 2038, was effective as of October 1, 2017. While the Company so