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 focused on bitcoin, as the company sheds dormant assets and seeks to benefit from the growing need for industrial sites with readily available energy. According to Alcoa's CEO, Bill Oplinger, the sale is in a…
April 18, 2026, 8:21 p.m.