Alcoa Announces Milestone for Alumar Smelter Restart
April 13 2022 - 7:30AM
Business Wire
Alcoa Corporation (NYSE: AA) today announced that the Alumar
smelter in São Luís, Brazil has now energized its first 20 smelting
pots as part of the ongoing restart of aluminum capacity at the
location.
Alumar’s smelter is owned by Alcoa and South32 Limited. It has
three smelting lines with 710 pots. More capacity will
progressively come online, with the full annual capacity of 447,000
metric tons expected to be operational by the end of 2022.
“The restart of Alumar will build on our competitive strengths
in the global and local marketplace and expand our ability to
supply growing demand for sustainably-sourced aluminum,” said John
Slaven, Executive Vice President and Chief Operating Officer at
Alcoa. “We’re proud of the positive impact the restart will bring
to our customers, investors, employees, and community stakeholders
in Brazil’s Maranhão state.”
Alcoa announced in September of 2021 that it would restart
268,000 metric tons of annual smelting capacity, which represents
the Company’s share at the Alumar smelter.
Alcoa Alumínio, a wholly owned subsidiary of Alcoa Corporation,
owns 60 percent of the smelting and casting capacity; South32 holds
the remaining 40 percent.
About Alcoa Corporation
Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina
and aluminum products with a vision to reinvent the aluminum
industry for a sustainable future. With a values-based approach
that encompasses integrity, operating excellence, care for people
and courageous leadership, our purpose is to Turn Raw Potential
into Real Progress. Since developing the process that made aluminum
an affordable and vital part of modern life, our talented Alcoans
have developed breakthrough innovations and best practices that
have led to greater efficiency, safety, sustainability and stronger
communities wherever we operate.
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of historical fact, are forward-looking statements. Forward-looking
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Corporation believes that the expectations reflected in any
forward-looking statements are based on reasonable assumptions, it
can give no assurance that these expectations will be attained and
it is possible that actual results may differ materially from those
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Investor Contact: James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact Jim Beck 412-315-2909 Jim.Beck@alcoa.com
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