Ormet Restarting Louisiana Alumina Refinery
May 18, 2011
Ormet Corporation announced that it had secured the financing to restart its Burnside, La., alumina refinery. The company will spend approximately $50 million to bring Burnside back into operation and create approximately 250 new jobs. Ormet plans to produce alumina early in Q4-2011 and will have an annual capacity of 540,000 metric tons of alumina.