Alcoa completes U.K. aluminum lithium expansion

Alcoa has completed the expansion of aluminum lithium capacity at its Kitts Green facility in the United Kingdom to serve the growing demand for the Company’s 3rd generation aluminum lithium alloys. Alcoa projects its aluminum lithium revenues will quadruple over the next six years to nearly $200m. The Kitts Green expansion was the second phase of the three-part expansion program by the Company to satisfy customer demand for advanced aerospace products and patented alloys, which allow airframers to build more fuel efficient and lower-cost airplanes vs. composite alternatives.