Ford F-150 2016 Model Contains Lightweight Alcoa Aluminum Alloy Parts

Mining Weekly reported that Ford Motor’s (NYSE:F) Ford F-150 2016 pickup model has parts made from an advanced Alcoa (NYSE:AA) aluminum alloy, which is tough enough to replace steel yet weighs a lot less.
As quoted in the market news:

The two corporations also announced a joint development agreement to collaborate on using next-generation aluminium produced through Alcoa’s new ‘Micromill’ process in other vehicles.
The deal with the automaker is a high-profile first for Alcoa’s Micromill – Ford’s F-Series pickup trucks have been the best-selling model in the US since 1982. The full-size pickup truck is a key profit generator for the No 2 US automaker.
Automakers have turned to lighter aluminium alloys instead of high-strength steel, which is far heavier, to build more fuel-efficient vehicles that still meet safety standards. Last year, Ford rolled out its 2015 F-150 with an aluminium alloy body that made it 320 kg lighter than earlier models, boosting fuel efficiency.

Click here to read the full Mining Weekly report.