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What's New Archive 2008
August 26, 2008
Congratulations Iceland!
As everyone knows Iceland’s handball team did a terrific job at the Olympic Games in Beijing. Their silver medal marks not only the biggest event in Iceland’s sports history but also a major event in the international world of sports. Never before has such a small nation won a medal in a team sport at the Olympics.
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August 22, 2008
New information sign on highway
There are a lot of details to attend to when a new aluminum smelter opens for operations. Last week a new information sign was set up on the highway by the Alcoa Fjardaal pot rooms.
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August 20, 2008
Hundreds of guests have visited the aluminum smelter this summer
Alcoa Fjardaal has invited guests to visit the aluminum smelter on Saturdays to get to know the company's operations. A great number of guests have accepted the invitation, and last Saturday, for example, over a hundred people visited the smelter.
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July 24, 2008
The locals chose Alcoa
Bergur Elías Ágústsson, mayor of Nordurthing municipality, says in an interview with Vidskiptabladid yesterday that there are no indications that an aluminum smelter will not be built in Bakki. He says that most of the people of North Iceland are hopeful regarding the construction of a smelter in Bakki with the associated power projects in Theistareykir and Gjástykki.
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July 23, 2008
Alcoa Launches Alcoa-TV Video Channel on Alcoa.com Website
Alcoa has announced a new feature for its alcoa.com Website: AlcoaTV, an all-video, YouTube-style microsite that aggregates and lists all streaming video content available on the 85,000-page site.
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July 23, 2008
Alcoa Reaches New Renewable Power Deal for Wenatchee, WA Smelter
Alcoa has reached agreement with the Chelan PUD on a new, clean-energy hydropower contract to supply its Wenatchee, Washington aluminum smelter through 2028. The new contract, which begins in 2011, will provide enough energy to enable the start-up of a third potline at the smelter in 2012.
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July 18, 2008
Alcoa presents revised draft EIA proposal for an aluminum smelter at Bakki by Husavik
Alcoa presents a revised draft of proposal for an environmental impact assessment for an aluminum smelter in Bakki by Husavik, N-Iceland, with a productive capacity of 250,000 to 346,000 tons per year. The draft (in Icelandic) is accessible on the web pages of Alcoa (http://www.alcoa.is) and HRV (http://www.hrv.is). The deadline for submitting comments is through 6 August 2008.
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July 16, 2008
Alcoa and Landsnet renew MOU for aluminium smelter in Bakki
Alcoa and Landsnet have renewed a Memorandum of Understanding through the end of 2009 on the transport of electric energy for an aluminum smelter in Bakki, N-Iceland. Work is proceeding in accordance with the plan laid out in the companies' previous MOU.
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July 4, 2008
Alcoa and Landsvirkjun to begin formal negotiations on purchase of energy
Alcoa and Landsvirkjun will be starting formal discussions on purchase of energy for a smelter at Bakki, N-Iceland. The aim is to conclude discussions before the end of next year.
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July 1, 2008
Alcoa and Landsvirkjun announce collaboration on deep drilling at Krafla
Alcoa and Landsvirkjun signed an agreement yesterday on Alcoa supporting the first borehole of the Icelandic Deep Drilling Project, to be drilled at the Krafla caldera in NE Iceland.
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June 26, 2008
MOU extended regarding aluminum smelter at Bakki by Husavík
Representatives of Alcoa, the Government of Iceland and the municipality of Nordurthing, North Iceland, today extended until 1 October 2009 their memorandum of understanding on a feasibility study for the proposed smelter at Bakki, Husavík. The MOU that was now signed is an extended and updated version of the MOU signed by these parties in May 2006.
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June 24, 2008
150 Women for Refreshments
On 19 June, Alcoa Fjardaál invited women to pink refreshments. This was in celebration of women's suffrage in Iceland, which was achieved on June 19th, 1915. The celebration was a great success, with between 150 and 160 women of widely varying ages and from the entire region taking advantage of the invitation.
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June 19, 2008
Pink coffee
Fjardaal invites women to a reception today on the woman's rights day at 5 pm.
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June 13, 2008
Brainstorming symposium held in Fjardabyggd
Effective and well-attended brainstorming symposium held in Reydarfjordur Tuesday, 10 June 2008, entitled "Spring in Fjardabyggd"
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June 13, 2008
Evaluation process started for aluminium smelter in Bakki at Husavík
The evaluation process for an aluminium smelter in Bakki at Husavík has begun. Construction of an aluminium smelter with an annual production capacity of 250,000 T is being considered.
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June 10, 2008
Tourism industry in Northeast Iceland
Frettabladid, the largest newspaper in Iceland, published an op-ed by Hordur Sigurbjarnarson recently. Sigurbjarnarson is CEO of Nordursigling, which is the largeste whale watching company in Husavik, NE-Iceland, where Alcoa is studying the feasability of building an aluminum smelter in Bakki. Sigurbjarnarson declares his whole-hearted support for the project, granted that set rules will be followed, and there will be professional design of structures and all construction. “A diverse economy is the foundation of a flourishing society. A thriving community attracts tourists, and a dynamic tourism industry makes a community colourful and interesting. If matters are handled properly, the construction of an aluminium smelter will further build-up of the tourism industry in the area,” he says.
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May 20, 2008
Alcoa Recognized as Having the Best Safety Performance in the Aluminum Industry
Alcoa announced today that it was the recipient of the International Aluminium Institute’s award for Best Safety Performance in the Worldwide Aluminum Industry for 2007 during the organization’s Annual General Meeting in Cape Town, South Africa, last week. The IAI is the global forum of the world's aluminum producers. The Institute has 25 member companies; together these companies represent more than 80% of world primary aluminum production.
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May 19, 2008
Artistic trip through East Iceland
About 100 Icelandic and foreign guests took a Trip through East Iceland on Saturday, with artist Björn Roth as their guide. That trip was a cooperative project of three art institutions in East Iceland: Skaftfell in Seydisfjordur, Sláturhús in Egilsstadir and the Arts Centre in Eidar, and was prepared specifically for the Reykjavík Arts Festival 2008. The program includes installations, events, happenings, dance and musical performance. Alcoa Fjardaal is one of the sponsors of the Trip.
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May 8, 2008
Europe’s top innovation price for aluminum car frames
Car manufacturer Audi’s team of experts received the European Inventor of the Year 2008 Award earlier this week for revolutionising automotive manufacturing by making car frames lighter and safer through the use of aluminium.
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May 6, 2008
The Alcoa Foundation sponsors Icelandic contemporary art in New York
The Alcoa Foundation and the Icelandic government are the main sponsors of a survey of contemporary Icelandic art from the National Gallery of Iceland, which opened on May 1st in Scandinavia House í New York.
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May 2, 2008
East-Icelanders still on a roll
On April 27th, Morgunbladid published an article by Gunnlaugur Adalbjarnarson, director of Kaupfelag Héradsbúa. Gunnlaugur describes his experience of the impact that the Alcoa Fjardaál smelter construction has had on the communities in East Iceland, and what the people of Northeast Iceland can learn from it, if a smelter will be constructed in Bakki by Húsavík.
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April 30, 2008
Alcoa Fjarðaál allocated 14 community grants in April
In April, Alcoa Fjardaál allocated 14 community grants to various projects in East Iceland. The National Meeting of Women’s Choirs which took place in Höfn, Hornafjördur last weekend, was one of the sponsored events.
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April 21, 2008
Job security in East Iceland
Helga Jónsdóttir, Mayor of Fjardabyggd, the community where Alcoa Fjardaál is located, said in an interview with State Radio Channels 1 and 2 yesterday, that the job market development in Reydarfjordur for the past year is unique in Iceland. She said that job security is a fundamental issue when it comes to quality of life, and that “the party has started” in East Iceland.
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April 16, 2008
Húsavík union leaders visit Fjardaál
Representatives from the Húsavík Workers Union recently visited the Alcoa Fjardaál smelter to get acquainted with the operation of a smelter.
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April 16, 2008
In Iceland, aluminum can turn into gold
Danish newspaper Berlingske Tidende (BT Business DK) recently published an article on the aluminum business in Iceland, titled “In Iceland, aluminum can turn into gold.”
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April 10, 2008
Fjardaál in Newsweek
The latest issue of Newsweek magazine features a 3-page coverage on Alcoa Fjardaál and Iceland’s enormous success in utilizing renewable energy sources.
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April 9, 2008
Alcoa Fjardaal finishes start-up and hires more people
The last electrolytic pot was started up at Alcoa Fjardaal in Reydarfjordur today, creating a demand for hiring of more employees, and beginning the generation of around 70 bn ISK per year in export revenues.
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April 9, 2008
North Iceland Public Meetings Bring Update on Proposed Smelter
On April 3, 2008, more than 500 people attended a public meeting held in Húsavík, North Iceland, to provide project updates and discuss next steps for Alcoa’s proposed 250,000 metric-ton-per-year smelter in Bakki and related infrastructure projects.
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March 27, 2008
Mayor of Akureyri wants a smelter in Bakki
Sigrún Björk Jakobsdóttir, Mayor of Akureyri, lists the benefits of building a smelter in Bakki, North Iceland, in an article published in Morgunbladid national newspaper on 20 March 2008.
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March 25, 2008
300 pots started
A milestone was reached in the Alcoa Fjardaál smelter on Good Friday, March 21st 2008, when pot number 300 was started. The startup of all pots in one of the two potrooms is now finished and it is expected that the startup of all 336 pots will be finished shortly.
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March 13, 2008
Alcoa Named to FORTUNE Magazine's Most Admired List for 25th Consecutive Year
For the 25th year in a row, Alcoa has been named to FORTUNE Magazine’s “Most Admired” list. The annual ranking is the definitive report card on corporate reputations.
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February 27, 2008
Alcoa Fjardaál: Downline aluminum production
The production of aluminum wire has started in the Alcoa Fjardaál casthouse in Reydarfjordur. When the smelter has reached full production, about a quarter of its production will be used to produce aluminum wire.
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February 27, 2008
80 million ISK in grants to various projects in 2007
Alcoa Fjardaál and the Alcoa Foundation jointly granted over 80 millions ISK to various community projects in East and North Iceland in 2007. The grants are given to NGOs and institutions for diverse projects with the aim of enriching and fortifying a sustainable community. From 2003, Alcoa has invested a total of 270 millions ISK, or almost 4 million US$ in projects of this kind in Iceland.
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January 30, 2008
Work related accident
A worker at the Alcoa Fjardaal smelter got an electric shock during his work in the pot-room about half a month ago.
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January 29, 2008
Alcoa Foundation supports Þekkingarsetrið in Egilsstaðir
Þekkingarsetrið in Egilsstaðir, E-Iceland, has received a ten million ISK grant from the Alcoa Foundation. The grant is to be used to prepare for offering Master’s studies in environmental- and national park management.
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January 29, 2008
Alcoa again named one of the world's most sustainable companies at Davos
Alcoa was named as one of the most sustainable corporations in the world in the fourth annual Global 100 ranking of the top role models in sustainable business practices.
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January 12, 2008
Alcoa scores high in Covalence Ethical Ranking 2007
Geneva-based Covalence has published its third annual ethical reputation ranking. Alcoa scores number five on the EthicalQuote score across sectors and highest on the Mining and Metals EthicalQuote score.
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January 11, 2008
Record-breaking profit at Alcoa.
Alcoa, which owns Alcoa Fjarðaál in Reyðarfjörður, achieved record results in revenues, income from continuing operations and cash from operations for the full year 2007.
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