Alcoa Corp

NYSE:AA   3:59:58 PM EDT
-1.99 (-5.30%)
Production Guidance

Alcoa To Partially Curtail Production Capacity At Lista Smelter In Norway

Published: 08/30/2022 13:06 GMT
Alcoa Corp (AA) - Alcoa Says to Shut One Out of Three Production Lines at Norway's Lista Aluminium Plant Due to High Power Costs.
Alcoa Says Shutdown Represents 2,600 Tonnes of Primary Aluminium per Month.
Alcoa Corp - Curtailment of One Potline, Or About 31,000 Metric Tons, Will Begin Immediately and is Expected to Be Complete Within 14 Days.
Alcoa Corp - Will Curtail One Third of Its Production Capacity at Its Lista Smelter in Norway to Mitigate High Energy Costs for Site.
The Employees Will Remain to Complete an Orderly Shutdown of the One Potline and to Be Ready in the Event of a Restart.
The Site is Currently Exposed to Spot Energy Pricing, Which Has Increased to Above $600 per Megawatt Hour.
Further Company Coverage: Aan