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Alcoa shares rise on government support for gallium project

US and Australian governments to support advancement of gallium plant

Isabeau van Halm
Australia's prime minister Anthony Albanese and US president Donald Trump at the White House on October 20, 2025.

Australia's prime minister Anthony Albanese and US president Donald Trump at the White House on October 20, 2025. | Credits: Australian government

Alcoa's shares rose over 8% on Monday, closing at US$38.96, following an announcement by the US and Australian governments to advance the development of a gallium plant located at Alcoa's Wagerup alumina...

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