Brief: Alcoa Says Portland Aluminium Smelter To Cut Production To 75%

Alumina

15/03/2023 03:38

March 15 (Reuters) - Alcoa Corp  AA.N :
    * PORTLAND ALUMINIUM SMELTER WILL BEGIN TO IMMEDIATELY
REDUCE ITS
OVERALL PRODUCTION DUE TO OPERATIONAL INSTABILITY
    * PRODUCTION AT SMELTER WILL BE REDUCED TO 75 PER CENT OF
THE
SITE’S TOTAL CONSOLIDATED CAPACITY OF 358,000 METRIC TONNES PER
YEAR
    * PORTLAND ALUMINIUM SMELTER HAS RECENTLY FACED INSTABILITY
AND
CHALLENGES RELATED TO PRODUCTION OF RODDED ANODES
    * SMELTER HAD PREVIOUSLY BEEN  OPERATING AT ABOUT 95 PER
CENT OF
ITS TOTAL CAPACITY
    * ALCOA'S SHARE OF TOTAL CAPACITY IS 197,000 MTPY
    * TEAMS ARE FOCUSED ON SAFELY TAKING THE PRODUCTION OFFLINE
AND
WORKING TO RESTORE STABILITY ACROSS THE FACILITY

Source text for Eikon:  ID:nASX6WHxdV 
Further company coverage:  AA.N 

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