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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
12/06/201616:10:00Molly Beerman Named Vice President and Controller of Alcoa Corporation
12/02/201617:37:32Statement of Changes in Beneficial Ownership (4)
12/02/201617:36:40Statement of Changes in Beneficial Ownership (4)
12/02/201617:35:48Statement of Changes in Beneficial Ownership (4)
12/02/201617:35:24Statement of Changes in Beneficial Ownership (4)
12/02/201617:34:04Statement of Changes in Beneficial Ownership (4)
12/02/201617:33:39Statement of Changes in Beneficial Ownership (4)
12/02/201617:33:12Statement of Changes in Beneficial Ownership (4)
12/02/201617:31:54Statement of Changes in Beneficial Ownership (4)
12/02/201617:31:05Statement of Changes in Beneficial Ownership (4)
12/02/201617:30:13Statement of Changes in Beneficial Ownership (4)
12/02/201617:29:47Statement of Changes in Beneficial Ownership (4)
12/02/201617:28:02Statement of Changes in Beneficial Ownership (4)
11/30/201610:45:16Current Report Filing (8-k)
11/15/201609:19:08Amended Statement of Beneficial Ownership (sc 13d/a)
11/14/201608:01:09Initial Statement of Beneficial Ownership (3)
11/14/201608:00:42Initial Statement of Beneficial Ownership (3)
11/14/201607:59:50Initial Statement of Beneficial Ownership (3)
11/09/201616:15:00Alcoa Executive Vice President & Chief Financial Officer William...
11/09/201608:35:30Quarterly Report (10-q)

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