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 part of its strategy to divest dormant assets and meet the rising demand for industrial sites with readily available energy supply. According to Alcoa's CEO, Bill Oplinger, the company is in …
April 18, 2026, 8:21 p.m.