Alcoa Set to Capitalize on Crypto's Energy Demands with Sale of Idle Smelter
Alcoa, the largest aluminum producer in the US, is on the verge of selling its inactive Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a Bitcoin firm, as part of its strategy to offload idle assets and tap into the growing demand for industrial sites with readily available energy infrastructure. According to Alcoa's CEO, Bill Oplinger, the company is in adv…
April 18, 2026, 8:21 p.m.