Alcoa may cut more output: Kleinfeld
Apr 11, 2012 | 02:47 PM
| Suzy Waite
Tags
Alcoa,
Klaus Kleinfeld,
aluminum,
Point Henry,
smelter,
alumina,
first quarter earnings,
Suzy Waite
NEW YORK — Alcoa Inc. continues to evaluate its operations and may not be done curtailing smelting or refining capacity, the company’s top executive said.
"The 531,000 tonnes we’ve taken offline may not be the end," Alcoa chairman and chief executive officer Klaus Kleinfeld said during the company’s first-quarter earnings conference call Tuesday. "We continue to look at Point Henry, our smelter in Australia, that is very high on the cost curve for a whole host of reasons. We continue to look at our Brazilian smelters. And we respectfully look at our portfolio on the refining side." ....
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