Startup · $11.3m raised
Every investor coverage indicates participated in a round Alcoa raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency (ARENA) | Grant | $11,300,000 |
Companies Alcoa acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Tomas Sigurdsson | Chief Operating Officer (former) | RenewEconomy |
Stories naming Alcoa. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA is funding South32 to study electrifying steam production at its Western Australia alumina refinery, having previously backed similar decarbonisation trials by Alcoa and Rio Tinto.
Government agency ARENA is granting $4.4 million for a pre-feasibility study into steam electrification at South32's Western Australian alumina refinery, with earlier backing of Alcoa and Rio Tinto also recalled.
Newsletter roundup covering Australian raises by Gilmour Space, BlockTexx, FirstWave and Bandicoot, acquisitions of Alumina, Cyanco, Quality Air Equipment and Amentco, plus takeover interest in CSR and Prospa.
Ex-prime minister Malcolm Turnbull has taken an undisclosed equity stake in US solar steam firm GlassPoint and joined its advisory board, as the Blackrock-rescued company pursues a giant solar heat project in Saudi Arabia.
The Australian Renewable Energy Agency has awarded Alcoa 8.6 million dollars for trials of electric-powered calcination at its Pinjarra refinery, following earlier funding for low-emission refining work at Wagerup.
Western Australia's government awarded over $11 million in Clean Energy Future Fund round two grants to seven regional renewable projects, spanning pumped hydro, geothermal, biofuel, microgrids, battery storage and electrified alumina refining.
ARENA is funding a Rio Tinto feasibility study into using renewable hydrogen instead of natural gas at its Yarwun alumina refinery, and previously funded Alcoa's recycled-steam process heat project.
Also RenewEconomy·@AuManufacturing·RenewEconomy·@AuManufacturing