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message from alan cransberg, chairman and managing director, alcoa of australia
A tough 2012 but we are focused on the future

Like other employees in Alcoa, I strive every day to maintain a safe, successful and sustainable business. I am enormously proud of what this company has achieved during its 49 years of operation in Australia and I consider it a privilege to be leading and working with such dedicated, hard working and professional people.
And that same company that has contributed so much to individuals and to the communities and states in which we operate is experiencing the toughest market conditions of the last 15 years. Believe it or not, current conditions are actually worse than during the global financial crisis, due to the high Australian dollar and low metal price.
While the long term future for aluminium looks bright – demand is expected to grow at 6.5% per annum to 2020 as the world finds ever increasing needs for aluminium - the next few years are going to be extremely challenging.
Despite that, our focus will continue to be on creating long term stability and sustainability for our business and our industry. That’s why we’re continuing our capital investment program so we’re ready for when the market turns. We’re going ahead with required repairs and maintenance in the smelters, mines and refineries; overhauling Anglesea power station; investing in future bauxite supplies by building a new crusher site at Huntly; building new residue areas at Pinjarra and Wagerup, while investigating new residue technology; and securing energy supplies by investing upstream in domestic gas. And our aim is to fund all this ourselves, from our own operations, without borrowing from our owners – Alcoa Inc and Alumina Limited.
That said, generating cash, reducing costs and improving productivity are absolutely critical for us right now, as they are for our parent company Alcoa Inc.  Last month the annual Alcoa Investor Day was held in New York and via an online webinar. Alcoa Inc.’s Chairman and Chief Executive Officer Klaus Kleinfeld, along with key senior executives, briefed shareholders, investors, analysts, media and other key stakeholders on the global businesses and strategies to drive profitable growth and shareholder value.
And with all that in mind, there is still much to celebrate. In this edition of community e-news read about the extraordinary volunteering efforts employed during our seventh annual Month of Service; the outstanding efforts of Paula West who’s been awarded Young Mechanical Engineer of the Year and Mining Woman of the Year; and how the first shipment of alumina has left Western Australia for the $US10.8 billion Ma’aden Alcoa Joint Venture project in the Middle East.
In 2013 we shall be celebrating 50 years of operation for our Mining, Kwinana refinery and Point Henry smelter operations so until then, enjoy our update and have a safe and happy Christmas.

part of our everyday lives

Alcoa to supply airbus
Alcoa Inc and Airbus sign billion dollar multi-year supply agreements to cover the Airbus jetliner fleet.
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our business

Alcoa leads tax compliance in Australia
Alcoa is the first Australian company to enter into an Annual Compliance Arrangement with the Australian Tax Office on four different taxation products, providing greater certainty on tax matters.
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part of the solution

First alumina leaves Australia for Saudi Arabian joint venture
First shipment of alumina for the $US10.8 billion Ma’aden Alcoa Joint Venture in the Middle East set sail from Western Australia’s Bunbury port in late October marking an important project milestone.
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partnering stronger communities

10,000 volunteer hours pledged to inaugural Give1 Project
Thousands of Alcoa volunteers were once again out in force during Month of Service, and the company pledged 10,000 volunteer hours to Volunteering Western Australia’s inaugural Give 1 Project.
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our people

West is the best, Paula West that is!
It’s been a big year for Paula West; she’s taken out two prestigious national awards and is inspiring a new generation of engineers. Find out what and how...
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