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Severe Flooding Forces Temporary Idling of Alcoa’s Aviles, Spain Aluminum Smelter
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has temporarily idled its aluminum
smelter in Aviles, Spain as a result of torrential flooding in the
Asturias region of Spain late last week. The Aviles smelter has a
production capacity of 93,000 metric tons per year.
The Aviles smelter and surrounding region suffered severe flooding last
week, including the electrical substation that supplies power to the
smelter.
The smelter will continue to be idled while clean-up from the flood is
conducted and complete damage assessments can be made. Customers of the
plant have been notified that the force majeure provisions of contracts
have been triggered, impacting shipments and deliveries.
As the flooding occurred, Alcoa personnel were able to safely raise
anodes out of their pots and help mitigate some of the flood’s impact.
However, water entered the plant and substation, requiring the idling
and clean-up and repair work. The Aviles plant directly employs
approximately 500 people.
Alcoa is working with local community representatives, government
leaders, and its insurance carriers and will provide additional details
once the complete damage assessment, impact and timetable can be
determined.
About Alcoa
Alcoa is the world’s leading producer of primary aluminum, fabricated
aluminum and alumina. In addition to inventing the modern-day aluminum
industry, Alcoa innovation has been behind major milestones in the
aerospace, automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for eight consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.
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