https://www.miningweekly.com

Portland smelter safe from closure – Alumina

Portland smelter safe from closure – Alumina

Photo by Bloomberg

10th March 2015

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – ASX-listed Alumina has moved to assure shareholders that the Portland aluminium smelter, in Victoria, was safe from closure.

The company’s announcement comes as Alcoa announced its continued transformation of its upstream portfolio, with the aluminium major reviewing about 500 000 t of smelting capacity and 2.8-million tonnes of refining capacity for possible curtailment or divestiture, over the next 12 months.

The major said that when reviewing capacity, Alcoa would consider a wide variety of alternative actions, ranging from partial to full plant closures, permanent shutdowns or divestment.

The ASX-listed Alumina holds a 40% interest in the alumina alliance Alcoa World Alumina and Chemicals (AWAC), which operates the Portland smelter, with Alcoa owning the balance.

Besides the Portland smelter, AWAC also operates the Wagerup, Kwinana and Pinjarra alumina refineries, in Western Australia. Alumina made no mention of these refineries in its assurance to shareholders.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.136 0.172s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: