Alcoa Set to Leverage Crypto's Energy Demand with Sale of Dormant Smelter
Alcoa, the largest aluminum producer in the United States, is on the verge of selling its unused Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a firm specializing in Bitcoin, as the company divests its idle assets and meets the rising demand for industrial sites with readily available energy. According to Alcoa's CEO, Bill Oplinger, the company is engaged …
April 18, 2026, 8:21 p.m.