Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car
Aluminum January 09, 2024 08:30:06 PM

Alcoa Announced Plans to Curtail Operations at Kwinana Alumina Refinery

Paul Ploumis
ScrapMonster Author
The current weak market conditions also has been cited as a reason behind the decision.
Alcoa Announced Plans to Curtail Operations at Kwinana Alumina Refinery

SEATTLE (Scrap Monster): Pittsburgh-based Alcoa Corporation announced plans to curtail production at its Kwinana Alumina Refinery in Western Australia during the current year. The process will commence in Q2. It must be noted that the refinery has been operating at around 80% of its total annual nameplate production capacity of 2.2 million metric tons since January last year.

Commenting on the decision, Matt Reed, Executive Vice President and Chief Operations Officer, Alcoa said that it is based on a variety of factors, including its age, scale, operating costs and current bauxite grades. The current weak market conditions also has been cited as a reason behind the decision.

ALSO READ:

Alcoa Declared Appointment of Executive VP and COO

Alcoa Declared Updated Outlook for Q4 This Year

The company said that the decision follows a thorough and careful deliberation. It admitted that the action is going to impact workers, business partners, and the community. It appreciated the commitment and support of its loyal employees, contractors and suppliers, in helping to make major contributions to Western Australia’s economy over the past six decades.

Alcoa plans phased reduction of employee count from 800 at the start of the current year to around 250 by Q3, when alumina production will come to an end. Minimal operations will continue until Q3 2025, when employee count will be further reduced to around 50.

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search