Alcoa Nears Deal to Sell New York Smelter to Bitcoin Miner NYDIG

2026-04-18 03:53

Alcoa Corp. is reportedly close to finalizing a deal with New York Digital Investment Group (NYDIG) to sell its Massena East smelter assets in New York. The transaction, expected to conclude by mid-year, is part of Alcoa's strategy to divest idle industrial assets. The site has attracted interest due to the rising demand for power infrastructure from data centers.

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