Final Labor Contract Offer Submitted for Aluminerie de Bécancour Smelter in Québec, Canada
June 26 2019 - 4:10PM
Business Wire
Alcoa Corporation, a global leader in bauxite, alumina, and
aluminum products, today announced that the management of the
Aluminerie de Bécancour Inc. (ABI) smelter in Québec, Canada has
presented a final offer to the United Steelworkers for a new labor
contract.
The smelter, which is owned by Alcoa (74.95%) and Rio Tinto
Alcan Inc. (25.05%), has been operating at reduced capacity since
January 11, 2018, after union members rejected a proposed labor
contract for hourly employees. The facility has three potlines with
a total annual operating capacity of 413,000 metric tons per year.
Salaried employees had operated one of three potlines during the
lockout, until Alcoa announced an additional curtailment of one
half of that line on December 19, 2018.
After extensive negotiations and mediation sessions with the
union over the last 18 months, ABI’s management seeks to end the
labor dispute and begin the process to restart the smelter with a
new contract. The final offer is valid until July 5, 2019.
If the offer is accepted, the restart process would begin on
July 26, 2019. If the offer is not accepted by the union, ABI will
implement a plan to fully curtail the smelter.
About Alcoa
Alcoa (NYSE: AA) 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 to more than 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. Visit us online on www.alcoa.com,
follow @Alcoa on Twitter, and on Facebook at
www.facebook.com/Alcoa.
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Investor Contact James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact Jim Beck 412-315-2909 Jim.Beck@alcoa.com
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