Australia, Japan and the United States, along with Alcoa Corporation (NYSE: AA; ASX: AAI), have reached a final investment decision to develop a gallium production facility at Alcoa’s Wagerup alumina refinery in Western Australia.
The plant will be constructed and operated by Alcoa, leveraging the company’s experience in alumina refining and advanced mineral processing. The project is expected to create a new source of gallium and support efforts by the partner countries to diversify critical mineral supply chains.
Gallium is a key material used in advanced technologies, including semiconductor manufacturing, defence systems and other high-performance applications. Global gallium supply is currently concentrated among a limited number of producers, making supply chain diversification a strategic priority for several economies.
Alcoa President and Chief Executive Officer William F. Oplinger said the investment decision reflects cooperation between governments and industry to strengthen access to critical materials.
The project highlights the strategic importance of Western Australia’s resources sector and Alcoa’s existing industrial capabilities in supporting global demand for materials used in emerging technologies, the company said.
Construction activities are expected to begin after completion of final site preparations. Alcoa will participate in the joint venture and serve as the construction and operating manager for the facility.
The company said its involvement in the project is not expected to have a material impact on its financial position or operating results.
