Alcoa Announces Milestone for Alumar Smelter Restart
“The restart of Alumar will build on our competitive strengths in the global and local marketplace and expand our ability to supply growing demand for sustainably sourced aluminum,” Alcoa Executive Vice President and Chief Operating Officer John Slaven said. “We’re proud of the positive impact the restart will bring to our customers, investors, employees and community stakeholders in Brazil’s Maranhão state.” In September 2021, Alcoa announced it would restart 268,000 mt of annual smelting capacity, which represents the company’s share at the Alumar smelter. Alcoa Alumínio, a wholly owned subsidiary of Alcoa Corp., owns 60% of the smelting and casting capacity and South32 holds the remaining 40%.