NEW YORK Planned outages
at Alcoa Inc.s Anglesea power plant in Australia and
Warrick power plant in Evansville, Ind., will cost it $25
million in the second quarter.
"Every four years, we have a
significant maintenance outage at the Angelsea power plant,"
executive vice president and chief financial officer William F.
Oplinger said in a call with analysts. "Combined with a smaller
outage at the Warrick power plant, (this will cause) a negative
impact of $25 million."
The Anglesea power station
supplies more than 40 percent of the power for Alcoas
190,000-tonne-per-year Point Henry smelter in Australia. The
Pittsburgh-based company said in June that it planned to keep
the smelter open until mid-2014, although it had been placed
under review earlier as London Metal Exchange aluminum tags
amm.com, June 29).
Three-month aluminum ended the LMEs official session
at $1,896 per tonne April 9, off 12 percent from a 2013 high of
$2,165.50 Feb. 15.