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Secured gas supply reduces energy risk for AA, potentially improving EBITDA visibility if gas costs stay favorable; similar contracts historically reduce cost volatility for energy-intensive producers.
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Woodside Energy has agreed to supply domestic gas to Alcoa's Australian unit from 2027 through 2030, locking in a long-term feedstock. The deal could reduce Alcoa's exposure to volatile energy costs and stabilize margins during the period, potentially supporting production plans if gas pricing remains favorable.
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