We investigated the reaction kinetics and initial chemical conditions in the production of silicon alloys, employing aluminum as the reductant for calcium silicate slag, to enhance process economics and scalability to industrial levels. The apparent kinetics and transient chemical conditions were studied by immersing solid aluminum into molten slag, allowing the reaction to proceed for varying durations without external agitation, before quenching the reaction for chemical and microscopic analyses of the resulting silicon alloy and slag. The majority of the conversion was observed within the first 15 s at 1650 °C, driven by significant chemical interactions and interfacial turbulence introduced upon aluminum immersion. For Al-SiO2 stoichiometries ranging from 0.5 to 1.2, the slag phase reaction conformed to first-order kinetics during the initial two minutes, when it approached equilibrium. The mass transfer coefficients for Al2O3 were estimated at 1–2 × 10−4 m/s, comparable to those for SiO2 and CaO. A constant mass transfer coefficient could not be established for stoichiometries of 1.6 and 2, as these deviated from the standard slag mass transfer relationship and did not adhere to established relationships. Despite near-complete reactions, alloy–slag mixing was extensive, decreasing with lower stoichiometry values.