ME News Report, April 18 (UTC+8), according to Bloomberg, Alcoa Corp., an American aluminum company, is close to reaching an agreement with Bitcoin mining company New York Digital Investment Group to sell its Massena East smelting plant assets in New York State, expected to be completed by mid-year. This transaction is part of its plan to dispose of idle industrial assets. As data centers' demand for power infrastructure increases, such industrial sites are attracting more attention. (Source: MLion)

MeNews

2026-05-25 09:20:48

ME News message: On April 18 (UTC+8), according to Bloomberg, Alcoa Corp., the U.S. aluminum company, is nearing an agreement with the bitcoin mining firm New York Digital Investment Group to sell its Massena East shut-down smelting plant assets in New York State, which is expected to be completed by mid-year. The deal is part of its plan to dispose of idle industrial assets. As data centers’ demand for power infrastructure rises, such industrial sites are drawing more attention. (Source: MLion)

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ByteBard

· 23h ago

Alcoa's wave of asset disposals has hit the right timing.

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PeonyMemo

· 23h ago

Massena has cheap electricity, and the mining farm's site selection is very sharp.

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OneMoreReorg

· 23h ago

The aluminum giant selling factories to mining companies, this plot twist is quite interesting.

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MoonlightMarketMaking

· 23h ago

NYDIG secures another location, as mining companies fiercely compete for esports tournaments

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NeonUmbrella

· 23h ago

Smelting plant converts to a data center, directly reusing power infrastructure, a win-win situation

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Paper-SculptedOctopusPool

· 23h ago

Traditional industries exit the stage, computing power enters, and the era changes.

View OriginalReply0

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Aluminum American is close to selling NYDIG the assets of the closed-down smelting plant in New York State

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