Canada's Alouette aluminium smelter denies force majeure rumours
18/04/2018 15:12
LONDON, April 18 (Reuters) - The Alouette aluminium smelter
in Canada, the biggest in the Americas, does not plan to declare
force majeure, a spokeswoman said on Wednesday, denying a market
rumour.
There was speculation in the market that Alouette may have
to take the measure due to a shortage of raw material alumina.
"We have not declared force majeure and we do not intend to
declare it either," a spokeswoman told Reuters.
The operation has an annual capacity of 600,000 tonnes of
primary aluminium, according to its website.
The smelter is owned by a consortium, with 40 percent owned
by Rio Tinto RIO.L , 20 percent stakes held by both AMAG
Austria Metall AG AMAV.VI and Norsk Hydro NHY.OL , 13.3
percent by Japan's Marubeni and 6.7 percent by Investissement
Québec.
(Reporting by Eric Onstad; Editing by Adrian Croft)
((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO;
Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))