Alumar aluminium smelter a potential restart target, Alcoa CFO says

May 20, 2021 / www.metalbulletin.com / Article Link

The Alumar aluminium smelter in Brazil's Maranh??o state could be a future target for a restart, Alcoa Corp chief financial officer Bill Oplinger said.

Alcoa operates around one-quarter of currently curtailed aluminium smelting operations in the Western world and is eying various dynamics when considering restarts, including local currency, local workforce and energy availability, he said.

"When I look at our current portfolio of curtailed capacity, Alumar is the place where we have, again, a strong US dollar. We've got a potentially great workforce that sits next to the refinery and we'd be looking for an energy contract that solves, in the mid-term, to get that plant up and running,"...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok