The governments and industry partners of Australia, Japan and the United States, together with Alcoa Corporation (NYSE:AA, ASX: AAI))) ("Alcoa"), announced that they have reached final investment decision for a gallium production plant to be co‑located at Alcoa’s Wagerup alumina refinery in Western Australia.

The gallium plant will be constructed and operated by Alcoa, leveraging the Company’s longstanding experience in alumina refining and advanced mineral processing. The facility will create a new, reliable source of gallium to support partner governments’ efforts to strengthen critical mineral supply chains.

"This final investment decision reflects a shared commitment by governments and industry to strengthen critical mineral supply chains among the partners," said William F. Oplinger, President and Chief Executive Officer of Alcoa. "The project underscores the strategic importance of Western Australia and the role Alcoa’s operations play in delivering critical materials essential to the global economy."