Alcoa to Close the Anglesea Power Station

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Alcoa (AA) Offers Additional Detail on Anglesea Power Station Closure

May 13, 2015 5:22 PM UTC

Alcoa (NYSE: AA) disclosed the following Wednesday night:

On May 11, 2015, Alcoa Inc. (Alcoa) announced that its majority-owned subsidiary, Alcoa of Australia Limited (AofA), will permanently close the Anglesea coal mine and power station on August 31, 2015. The Anglesea power station previously supplied approximately 40 percent of the power needs for the Point Henry smelter, which AofA closed in August 2014. Since that time, the Anglesea power station has been operating as an independent supplier to the National Electricity Market while AofA conducted a sale process for the site. The... More

Alcoa (AA) to Shutter Anglesea Power Station Following Failure to Sell Asset

May 12, 2015 6:30 AM UTC

Alcoa (NYSE: AA) announced that Alcoa of Australia will permanently close the Anglesea coal mine and power station on August 31, 2015.

The Anglesea power station previously supplied approximately 40 percent of the power needs for the Point Henry smelter in Geelong, Victoria. Alcoa said in February 2014 that it would conduct a sales process for the site, which has been operating as an independent... More