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 unused Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a Bitcoin mining firm, as it sheds idle assets and meets the rising demand for industrial sites with existing energy infrastructure. According to Bloomberg, the company's CEO, Bill Oplinger, confirmed that advanced negotiation…
April 18, 2026, 8:21 p.m.