Alcoa to Delay Curtailment of Intalco Smelter
The plant was initially scheduled to curtail by the end of the first quarter. The company announced a full curtailment of the Intalco smelter (230 kt) on 2 November 2015, with the plant’s casthouse continuing to operate. However, recent changes in energy and raw material costs have made it more cost effective in the near term to keep the smelter operating to provide molten metal to the plant’s casthouse. Once all announced curtailments and closures are complete, the company will have removed approximately 25 % operating smelting capacity and approximately 20 % of operating refining capacity by mid-2016. Alcoa will have globally 2,1 Mt of operating smelting capacity and 12,3 Mt of operating refining capacity remaining.