1. Alcoa Sells Idle NY Smelter to Bitcoin Miner NYDIG, Repurposing Heavy Industry for Crypto
Alcoa, the US aluminum giant, is finalizing a deal to sell its long-dormant Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment Group (NYDIG). The transaction, expected to close mid-year, marks a strategic pivot for the industrial site, which has been inactive since 2014. The mov...