our business

double hat-trick for marrinup nursery
Alcoa of Australia’s Marrinup Nursery walked away from the 2011 Nursery & Garden Industry Awards (WA division) with three prestigious awards for outstanding efforts in propagation, training and community relations.

The Awards recognise and reward excellence within the nursery and garden industry and acknowledge industry leaders as they strive to achieve best business practice.

For the second consecutive year, under the Award’s Western Australian division, Alcoa won three awards. This year the Company received: ‘Best Propagation Nursery’, the ‘Community Award’ and the ‘Training Award’.

Alcoa Marrinup Nursery Manager, Dr Ian Colquhoun, said the 12-strong team was ecstatic with the award wins, which he attributed to its dedication to high standards and passion for excellent performance.

“We’re focused on continual improvement right across the board and always seek feedback and review our performance to maintain high standards,” he said.

Marrinup Nursery, located near Dwellingup in Western Australia, provides seeds and plants for the rehabilitation of Alcoa’s bauxite mines. Alcoa was the first mining company in the world to achieve 100% plant species richness in our rehabilitated mine site areas of the WA jarrah forest.

Established in 1980, Marrinup Nursery annually produces more than 200,000 recalcitrant plants (those that struggle to establish in restored mined areas from seed and topsoil), 60,000 eucalypts, almost 25,000 seedlings (of which 20,000 are distributed to community groups and neighbours) and more than six tonnes of seed mixes.

“In our 30 years of operation we’ve produced more than 33 million plants, one million recalcitrant plant tissue cultures and around 50 tonnes of seed to restore more than six and a half thousand hectares of jarrah forest,” Dr Colquhoun said.

“It’s uplifting to ensure the biodiversity returns to pre-mining conditions and we’re proud that monitoring shows our rehabilitated mined areas have more local plant species than the unmined forest.”

Nursery & Garden Industry Australia CEO, Robert Prince, said judges were very impressed by Alcoa's nursery, its commitment to best practice and its excellent professional development.

“These operations are exemplary, with impressive use of technology, and the commitment to its staff and the community is truly heartening,” he said.

“The average length of service for their employees is an incredible 18 years and that is testament to their focus on, and desire to upskill, their employees.”

Marrinup Nursery has implemented two new community-related initiatives in the past 12 months. It has partnered with Fairbridge, a major youth charity in Western Australia, to train young Indigenous people in horticulture and conservation, and established a relationship with the Department of Corrective Services at Karnet Prision Farm, near Alcoa’s Huntly Mine. Through this partnership Alcoa has assisted in the training of Indigenous inmates to establish a large seed orchard. The latter innovation is potentially a commercial venture on the prison property, with Marrinup Nursery buying seed produced by the inmates, thereby generating an income for the prison.

“We’re spreading biodiversity knowledge for the good of the community,” Dr Colquhoun said, “and we believe it’s a win-win situation for all parties.”

Our three wins put us in the running for the national Nursery & Garden Industry Awards, which will be presented in April 2011.

alcoa inc Q4 and end of year results
The global business (Alcoa Inc.) has released its latest financial results.

4Q 2010 Highlights

  • Income from continuing operations of $258 million, or $0.24 per share, highest since 3Q08; includes a net benefit from special items of $35 million, or $0.03 per share
  • Net income of $258 million, or $0.24 per share
  • All-time record cash from operations of $1.4 billion
  • Record fourth-quarter free cash flow of $1.0 billion
  • Adjusted EBITDA improves to $782 million, 13.8 percent margin
  • Revenue of $5.7 billion, up 7 percent from third quarter and 4 percent from year-ago quarter
  • Projecting global aluminium growth rate of 12 percent for 2011

2010 Full-Year Highlights

  • Exceeded all Cash Sustainability Program targets
  • Revenue of $21.0 billion compared to $18.4 billion in 2009, up 14 percent
  • Income from continuing operations of $262 million, or $0.25 per share, includes a negative impact from special items of $297 million, or $0.29 per share
  • Cash from operations of $2.3 billion, compared to $1.4 billion in 2009
  • Free cash flow of $1.2 billion, a $1.5 billion improvement over 2009
  • Debt reduced, cash on hand of $1.5 billion
  • Debt-to-capital ratio reduced to 34.8 percent, 390 basis point improvement over 2009

Read full results at www.alcoa.com.au/news.


return to front page
go



Click image to enlarge.


Marrinup Nursery Group Leader Mike Muller with Nursery Manager Ian Colquhoun



Click image to enlarge.




Click image to enlarge.


Inside the Marrinup Nursery



Click image to enlarge.


An example of Alcoa's jarrah forest rehabilitation

The global business (Alcoa Inc.) has released its latest financial results - scroll down for story