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| September 11, 2007
Alcoa Opens New Anode Plant in Norway to Serve Fjardaal and Mosjoen Smelters
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that it has opened a new 280,000 metric ton
per year anode plant in Mosjoen, Norway. The facility will produce
anodes for Alcoa’s Fjardaal aluminum smelter
in Iceland and the Mosjoen aluminum smelter in Norway. Alcoa built the
facility with managing partner Elkem Aluminium ANS, which has a 36%
share in the Mosjoen anode plant. Alcoa owns 50% of the partnership
Elkem Aluminium ANS, which operates aluminum smelters in Mosjoen and
Lista, Norway.
Anodes are the electrodes toward which current flows during the smelting
process of making aluminum. Anodes from the new plant have already been
delivered to the Mosjoen smelter and the first shipments to Fjardaal are
expected to start this month.
“This new plant was completed on time and
safely and it is one of the world’s largest
and most environmentally friendly facilities of its type,”
said Bernt Reitan, Executive Vice President of Alcoa and Group
President, Global Primary Products, who attended the event. “This
facility will enable us to continue to reduce production costs and
maintain our competitiveness in the marketplace.”
Norwegian Prime Minister Jens Stoltenberg participated in an
inauguration ceremony held on August 30.
Alcoa in Norway
Alcoa established a presence in Norway through a 1962 partnership with
Elkem ASA. Today, Elkem Aluminium NS, the partnership owned 50/50 by
Orkla and Alcoa, operates smelters in Mosjøen
and Lista and supply the European aluminum market. Alcoa's automotive
casting operation in Lista, established in 1995, produces wheel
suspension components for leading European automakers.
About Alcoa
Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, and is active in all major
aspects of the industry. Alcoa serves the aerospace, automotive,
packaging, building and construction, commercial transportation and
industrial markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses to customers. In addition to aluminum
products and components including flat-rolled products, hard alloy
extrusions, and forgings, Alcoa also markets Alcoa®
wheels, fastening systems, precision and investment castings, structures
and building systems. The company has 116,000 employees in 44 countries
and has been named one of the top most sustainable corporations in the
world at the World Economic Forum in Davos, Switzerland. More
information can be found at www.alcoa.com
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