Alcoa Sends Letter to Alcan Board Outlining Commitments to Quebec; Will Meet Requirements of Agreement between Alcan and Quebec Government

Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in which its offer to acquire... 

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Sourcing bauxite for smelters a challenge

Finding enough bauxite sources to feed the upcoming aluminium smelters in the Gulf will be a challenge as the region begins to emerge as a major producer of the metal. Availability of cheaper energy has encouraged new investment in aluminium production in the region. Power is responsible for roughly one-fourth of a smelter’s operating costs, while alumina supplies account for 45 per cent. Aluminium... 

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