In Q4 2024, Alcoa Corporation (185.DE) delivered a robust financial performance, highlighted by a remarkable revenue increase of 20.04% quarter-over-quarter (QoQ) and an impressive 34.34% year-over-year (YoY). The company reported net income of $202 million, a significant 234.67% increase from the prior year, indicating a strong turnaround from previous quarters. This substantial growth is driven by higher aluminum prices and operational efficiency improvements, which has positioned Alcoa favorably amid fluctuating market conditions. Management emphasized that the current trajectory puts Alcoa in a prime position to capitalize on emerging opportunities in the renewable energy sector. However, they cautioned about ongoing volatility in raw material costs and geopolitical tensions affecting supply chains.