Today, Alcoa of Australia Limited , a wholly-owned subsidiary of
Alcoa Corp. , announced a Joint Development Agreement with Japan Australia Gallium Associates Pty Ltd , a joint venture between Sojitz Corporation and Japan Organization for Metals and Energy Security , to explore the feasibility of a gallium project to be co-located at one of Alcoa's operating alumina refineries in Western Australia. Gallium is a highly sought-after mineral, supporting a wide range of important industries and efforts, including the technology sector, particularly semiconductors, as well as the defense industry. Australia and the United States have both recognized gallium as a critical mineral. Additionally, Japan has identified gallium as one of 35 minerals important to national security. Curren...