Washington state is giving $5 million to a massive aluminum production plant in Spokane. Why? [Yahoo! Finance]
Kaiser Aluminum Corporation (KALU)
Last kaiser aluminum corporation earnings: 4/20 09:00 am
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Source: Yahoo! Finance
steam boilers in an effort to reduce the massive facility's greenhouse gas emissions. As part of the deal, Kaiser Aluminum will need to match every dollar sent over by the state to replace the two boilers, which are estimated to set the company back by $4.8 million apiece. The state's half of the bargain comes from the Climate Commitment Act, a 2021 environmental law spearheaded by Gov. Jay Inslee that established a carbon credit auction to raise money and limit greenhouse gas emissions from large oil and energy companies. The first carbon auction raised $1.5 billion to go toward "climate-resiliency programs, clean transportation, and addressing health disparities," according to the state's website. Kaiser Aluminum is headquartered in Franklin, Tennessee, and operates 15 industrial facilities across the United States. In 2020, the company reported revenue surpassing $1.1 billion. The aluminum giant's Spokane-area plant employs an estimated 11,000 people in the Spokane region, sa
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KALU
News
- Kaiser Aluminum Corporation (KALU): Among the Best Aluminum and Aluminum Mining Stocks to Buy Now [Yahoo! Finance]Yahoo! Finance
- Should We Be Cautious About Kaiser Aluminum Corporation's (NASDAQ:KALU) ROE Of 6.1%? [Yahoo! Finance]Yahoo! Finance
- Kaiser Aluminum: An Upside Going Into 2024-2025 [Seeking Alpha]Seeking Alpha
- Kaiser Aluminum Second Quarter 2024 Earnings: EPS: US$0.19 (vs US$1.15 in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- Kaiser Aluminum Corporation Reports Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
KALU
Earnings
- 7/24/24 - Miss
KALU
Sec Filings
- 7/29/24 - Form 4
- 7/26/24 - Form 10-Q
- 7/24/24 - Form 8-K
- KALU's page on the SEC website