Alcoa reached an agreement with the Bonneville Power Administration (BPA) that will help improve the competitiveness of its Intalco smelter. As a result, the smelter will not curtail at the end of the second quarter as previously announced by the company. Intalco Works, which is located in Ferndale, Wash., has a capacity of 279,000 metric tons per year. The amendment to the power contract is effective July 1, 2016, through Feb. 14, 2018, and provides for additional access to market power during this period.
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