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Alcoa to Announce Fate of Australia Point Henry Smelter Friday

By Robb M. Stewart MELBOURNE--Alcoa Inc. (AA) said it will announce later Friday the result of a review into the viability of its struggling Point Henry aluminum smelter near Melbourne. The company has been in negotiations with the federal and Victoria state governments over options for the smelter since the review was launched in February. The smelter has been losing money as it has struggled against low metal prices, a high Australian dollar and rising production costs. The Point Henry operation in Geelong employs about 600 people and produces about 190,000 tons of aluminum a year. Norsk Hydro ASA (NHY.OS) said in May it would close its Kurri Kurri plant near Newcastle in Australia's New South Wales state, which employed 344 people and produced about 120,000 tons of aluminum a year. The Norwegian company had already shut one of the three production lines at the operation in January, leading to the loss of 150 jobs. Write to Robb M. Stewart at robb.stewart@wsj.com

Stock News for Alcoa (AA)
DateTimeHeadline
09/22/201617:25:26Current Report Filing (8-k)
09/22/201617:20:00Alcoa Inc. Announces Pricing of Debt Offering In Connection with...
09/20/201607:43:43Current Report Filing (8-k)
09/20/201607:37:00Alcoa Inc. Announces Proposed Debt Offering In Connection with...
09/19/201617:30:25Current Report Filing (8-k)
09/16/201609:24:55Current Report Filing (8-k)
09/15/201615:10:00New Jersey Factory Linked to Chinese Aluminum Probe
09/13/201617:24:36Current Report Filing (8-k)
09/12/201610:56:00Alcoa Named Sustainability Leader on Dow Jones Indices for Fifteenth...
09/07/201617:00:00Alcoa Inc. Announces Boards of Directors for Future Arconic and...
09/02/201609:42:00U.S. Hot Stocks: Hot Stocks to Watch
09/01/201620:50:00Alcoa Ends Legal Fight With Australian Partner Alumina
09/01/201617:25:01Current Report Filing (8-k)
09/01/201617:19:00Alcoa Inc. and Alumina Limited Announce Amendments to AWAC Joint...
08/29/201617:07:06Current Report Filing (8-k)
08/24/201616:15:00Alcoa Names Kate Hargrove Ramundo Future Arconic Chief Legal...
08/17/201611:56:45Additional Proxy Soliciting Materials (definitive) (defa14a)
08/17/201611:51:38Additional Proxy Soliciting Materials (definitive) (defa14a)
08/17/201611:47:30Proxy Statement (definitive) (def 14a)
08/03/201616:38:27Current Report Filing (8-k)

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