https://newsletter.mw.creamermedia.com
Mining
Mining
mining

Alcoa says Trump’s tariffs added $115m in aluminum costs

Aluminium production at an Alcoa plant

Photo by Bloomberg

17th July 2025

By: Bloomberg

  

Font size: - +

Alcoa Corp, the largest US aluminum producer, said tariffs on imports from Canada cost it $115-million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry.

The company redirected Canadian produced aluminum to customers outside the US to mitigate additional tariff costs, it said Wednesday while reporting earnings that beat analyst estimates.

The latest toll from tariffs is about six times more than in the first quarter when Pittsburgh-based Alcoa said tariffs, which then were 25%, cost it an additional $20-million.

Metal producers are adjusting to the trade tumult after Trump raised those tariffs to 50% in June as part of a push to revive domestic production of the industry. Mining giant Rio Tinto Group revealed Wednesday that its Canada-made aluminum generated costs of more than $300-million in the first half due to the tariffs.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

This week: Africa must collaborate to protect the planet; Engen showcases digital innovation, long-term commitment to coal sector at Coal Africa 2025 and, Pilot Crushtec demonstrates innovation, sustainability in crushing solutions at Coal Africa 2025
Resources Watch
22nd October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.132 0.211s - 143pq - 2rq
Subscribe Now