Alcoa Corporation Provides Update to Partial Restart of Aluminum Smelter at Warrick Operations
May 28 2018 - 9:00AM
Business Wire
Alcoa Corporation (NYSE:AA) announced that as a result of a
temporary power outage at the Warrick Operations smelter
near Evansville, Ind., it has shut down one of the three
potlines that are part of the Warrick aluminum smelter restart. The
decision was made with a focus on safety and to protect the
assets.
Alcoa is assessing the effects of this event, including the
timing of the overall restart, and will provide an update as more
information is available.
The annual capacity of the affected potline is approximately
50,000 metric tons.
Dissemination of Company Information
Alcoa intends to make future announcements regarding Company
developments and financial performance through its website,
www.alcoa.com.
About Alcoa Corporation
Alcoa is a global industry leader in bauxite, alumina, and
aluminum products and is built on a foundation of strong values and
operating excellence dating back nearly 130 years to the
world-changing discovery that made aluminum an affordable and vital
part of modern life. Since developing the aluminum industry, and
throughout our history, our talented Alcoans have followed on with
breakthrough innovations and best practices that have led to
efficiency, safety, sustainability, and stronger communities
wherever we operate.
Forward-Looking Statements
This press release contains statements that relate to future
events and expectations and as such constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include those
containing such words as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “forecasts,” “intends,” “may,” “outlook,”
“plans,” “projects,” “seeks,” “sees,” “should,” “targets,” “will,”
“would,” or other words of similar meaning. All statements that
reflect Alcoa’s expectations, assumptions or projections about the
future, other than statements of historical fact, are
forward-looking statements. Forward-looking statements are not
guarantees of future performance and are subject to known and
unknown risks, uncertainties, and changes in circumstances that are
difficult to predict. Although Alcoa believes that the expectations
reflected in any forward-looking statements are based on reasonable
assumptions, it can give no assurance that these expectations will
be attained and it is possible that actual results may differ
materially from those indicated by these forward-looking statements
due to a variety of risks and uncertainties. Additional information
concerning factors that could cause actual results to differ
materially from those projected in the forward-looking statements
is contained in our filings with the Securities and Exchange
Commission. Alcoa disclaims any obligation to update publicly any
forward-looking statements, whether in response to new information,
future events or otherwise, except as required by applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20180528005145/en/
Alcoa CorporationInvestor:James Dwyer, +1
412-992-5450James.Dwyer@alcoa.comorMedia:Monica Orbe, +1
412-315-2896Monica.Orbe@alcoa.com
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