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 idle Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a Bitcoin mining firm, as the company divests dormant assets and meets the growing demand for industrial sites with readily available energy. According to Alcoa's CEO, Bill Oplinger, the company is in advanced discuss…
April 18, 2026, 8:21 p.m.