Alcoa Set to Leverage Crypto's Energy Demand with Sale of Dormant Smelter
Alcoa, the largest aluminum producer in the US, is on the verge of selling its dormant Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a prominent Bitcoin mining firm, as part of its efforts to divest idle assets and capitalize on the growing demand for energy-intensive industrial sites. According to Alcoa's CEO, Bill Oplinger, the negotiations are at an adv…
April 18, 2026, 8:21 p.m.