Alcoa acquires full ownership of carbothermic aluminium technology

Alcoa has announced that it has finalised a deal with Orkla to acquire full ownership of the technology associated with the carbothermic aluminium production process, previously jointly owned by the companies.

Now in the research and development phase, the carbothermic aluminum production process is a new technology that holds the potential to produce aluminium at a lower cost, driven by reduced conversion costs, lower energy requirements and lower emissions at a lower capital cost than traditional smelting.

The technology also holds potential for significant cost improvements in the production of other metals.