Power provider applauds Noranda rate ruling

Aug 27, 2014 | 07:06 PM | Nathan Laliberte

Tags  aluminum, Noranda Aluminum Holding, Warren Wood, Ameren Missouri, Ameren, Morgan Stanley Research, Paretosh Misra, power rate Nathan Laliberte

NEW YORK — The power provider for Noranda Aluminum Holding Corp.’s smelter in New Madrid, Mo., praised a ruling that rejected the company’s request for a lower power rate.

The Missouri Public Service Commission (PSC) denied the request last week (amm.com, Aug. 20).

"It would have set Noranda’s rate well below our cost to serve them," Warren Wood, vice president of external affairs and communications for Ameren Missouri, part of St. Louis-based Ameren Corp., told AMM. "It was the right decision based on an extensive record of evidence. We remain interested in finding a path forward for Noranda and all of our other customers." ....

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