This periodic newsletter offers a roundup of recent highlights from Alcoa’s operations worldwide. Taken individually, these summaries provide insight into Alcoa’s performance in the economic, environmental, and social realms. Taken together, they reveal the breadth of activity that ultimately delivers a sustainable outcome.

More detail about Alcoa can be found on our website, www.alcoa.com.

Alcoa Publishes First China Sustainability Report

Alcoa released its 2005 China Sustainability Report, which provides detailed insight into the environmental, social, and economic achievements and challenges of Alcoa in this Asian region. The report is available online.

Alcoa Ranked Among Top Companies on Climate Change, Governance

CERES, the largest coalition of investors, environmental, and public interest organizations in North America, ranked Alcoa second among U.S. companies in its Report on Corporate Governance and Climate Change.

Alcoa Receives Outstanding Stewardship of America’s Rivers Award

Alcoa was recognized as a 2005 Outstanding Stewardship of America’s Rivers award recipient by the National Hydropower Association for its outstanding achievement regarding the Tapoco Hydroelectric Project.

Alcoa Locations Achieve Rare Accomplishment in Management System Certifications

Alcoa Fastening Systems plants in Tucson, Arizona and Carson, California, have been certified for excellence in environmental, quality, and health and safety performance, achieving a rare accomplishment in management system certifications globally.

Alcoa Acquires 70% Stake in China Aluminum Brazing Sheet Facility

Alcoa has formed a joint venture with Shanxi Yuncheng Engraving Group of China to produce aluminum brazing sheet in Kunshan City, China, near Shanghai. The total investment is more than US$95 million.

Feasibility Studies Begin on Renewable Energy-Powered Smelter

Alcoa and the government of Iceland have begun detailed feasibility studies for the development of a 250,000 metric-tons-per-year aluminum smelter based principally on geothermal energy in North Iceland.

Alcoa Lodges CEC Application for Proposed Trinidad Smelter

Alcoa lodged an application to the Environmental Management Authority of the government of the Republic of Trinidad and Tobago for a Certificate of Environmental Clearance for a proposed aluminum smelter in the Cap-de-Ville area in southwestern Trinidad.

Construction Completed, Production Started at Alumar Expansion

Construction on the expansion of Alcoa’s Alumar smelter in São Luís, Brazil, has been completed and start-up of full production has begun. The expansion will add 63,000 mtpy of aluminum, bringing total capacity there to 438,000 mtpy.

Alcoa Employees Selected to Assist with Earthwatch Research

Fifteen Alcoa employees have been selected to assist in scientific field research studies around the world with leading environmental scientists from Earthwatch Institute.

We welcome your comments or questions on Alcoa’s sustainability efforts. We won’t necessarily reply to every e-mail we receive, but we do read and consider them all.