Alcoa Makes Decision on Smelting Assets
Alcoa Corp. recently announced decisions regarding smelting assets in the U.S. and Italy. The company intends to permanently close its Rockdale Operations site in Texas, which has been fully curtailed since the end of 2008. The site includes a primary aluminum smelter and casthouse, an aluminum powder plant and associated buildings and equipment.
In Italy, Alcoa has reached an agreement to divest the Portovesme primary aluminum smelter, fully curtailed since 2012 and closed since 2014, to Invitalia, the Italian government agency that manages economic development.