Aluminium producer Alcoa Corp said on Monday it expects production at its partially owned Kwinana alumina refinery in Western Australia to be cut by about 30% due to a shortage of gas supply. A unit of the refinery, majority owned by Alcoa in a joint venture with Alumina Ltd, has been taken offline, hitting process flows, the aluminium producer said in statement. Alcoa's Kwinana refinery - with a nameplate capacity of 2.2 million tonnes a year - has resorted to using diesel instead of gas for some of its operations, as a result of an ongoing gas shortage.
Alcoa Corp said on Monday a production unit has been taken offline at its partially owned Kwinana alumina refinery in Western Australia as a result of gas supply shortages. The refinery, owned by Alcoa and Australia-listed Alumina Ltd in a joint venture, will see a 30% reduction in production, the firm said.
Last week, Alumina Limited ( ASX:AWC ) insiders, who had purchased shares in the previous 12 months were rewarded...