) revealed the findings of its peer-reviewed life cycle assessment
(LCA), which showed that commercial vehicles using Alcoa aluminum
significantly reduce the carbon footprint of the vehicles. The
study concluded that the use of Alcoa forged aluminum wheels in
place of steel wheels helped lower greenhouse gas emissions
considerably in the commercial vehicle sector.
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The study also revealed that the substitution of 18 conventional
steel truck wheels with Alcoa aluminum wheels in North America will
cut carbon emissions by 16.3 metric tons over the lifetime of the
wheels. This represents the average annual carbon footprint of a
four-person household in the U.S.
Moreover, the adoption of Alcoa wheels instead of steel by mass
restricted vehicles in North America enhanced the capability of the
vehicle to 414 lbs of additional payload per haul with the same
fuel consumption. In Europe, the estimate is 215 kg of additional
payload per haul. The substitution of 12 steel wheels with aluminum
cuts 13.3 metric tons of carbon emissions in Europe.
Further, Alcoa wheels helped save more than 520 gallons of fuel in
North America and more than 1,942 liters in Europe.
Using aluminum wheels also enable net energy savings throughout the
life cycle of the wheel. Alcoa wheels retain their value throughout
their lifetime and have an end-of-life scrap value equivalent to
that of primary aluminum.
Alcoa is a leading producer of primary and fabricated aluminum as
well as the world's largest miner of bauxite and refiner of
alumina. The company sees a great prospect in its recycling
Alcoa, which competes with
Aluminum Corporation of China Limited
), retains a short-term Zacks#4 Rank (Sell). We currently have a
long-term Neutral recommendation on its shares.