More curtailments at Alcoa/Alumina JV

ASX-listed Alumina said on Friday that US major Alcoa’s decision to curtail one-million tonnes of refining capacity from the joint venture (JV) Alcoa World Alumina & Chemicals (AWAC), was expected to improve the JV’s cost position and ensure its continued competitiveness in the prevailing market conditions. Alcoa on Thursday reported that it would permanently close its 269 000 t Warrick Operations smelter, in Indiana, by the end of this quarter, and would curtail the remaining 810 000 t of refining capacity at its Point Comfort operations, in Texas.