Alcoa Corporation has confirmed it will cease production at its Kwinana refinery this year, as it grapples with a series of challenges at its oldest WA processing operation.
Alcoa Corporation's ASX-listed joint venture partner Alumina entered a trading halt this morning, as speculation swirled around the future of the 60-year-old Kwinana refinery.
The future of Alcoa's Kwinana refinery is in limbo, with the alumina producer refusing to shut down speculation that the facility is facing imminent closure just weeks after its US parent company appointed a Perth-based COO.
ASX company Alumina Ltd has revealed the financial woes facing its partner Alcoa, with their joint venture suffering a $US67 million loss as they battle regulatory issues in WA.
