Alcoa Seeks to Leverage Crypto's Energy Demand by Selling Idle Smelter
Alcoa, the largest US aluminum producer, is on the verge of selling its dormant Massena East smelter in upstate New York to New York Digital Investment Group, a Bitcoin firm, as the company divests idle assets and meets the growing need for energy-equipped industrial locations. According to CEO Bill Oplinger, the negotiations are advanced, with an expected closure in the mid-part of the year, as …
April 18, 2026, 8:21 p.m.