The Australian unit of US aluminium producer Alcoa Corp said on Wednesday output at its Portland smelter in Victoria would be reduced to about 75% of its total capacity of 358 000 metric tonnes per year, citing instability and production challenges.
Australia's Alumina owns a 40% stake in Alcoa Australia, which holds a 55% stake in the Portland Aluminium joint venture.The smelter, which was previously operating at about 95% of its total capacity, is contending with uncertainty and hurdles related to the production of rodded anodes necessary to transport electricity into the smelting pots, Alcoa Australia said in a statement.
"Our teams are focused on safely taking the production offline and working to restore stability across the facility,"The cut in production will begin immediately, it said, without setting out a timeline on when the smelter would return to full capacity. Alcoa's local unit had, earlier this year, flagged a 30% production cut at its partially owned Kwinana alumina refinery due to a gas supply shortfall.
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