Alcoa 1997 Annual Report Download - page 27

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25
Teaming Up With
Phelps Dodge…
Alcoa Aluminio and
Phelps Dodge Corporation
of the U.S. signed a joint
venture agreement to
produce electric cable in
Brazil. The venture will be
Brazil’s leading producer
of aluminum electric
cable and a major manu-
facturer of copper wiring
and cable. Called Phelps
Dodge & Alcoa Fios e
Cabos Eletricos S.A., the
partnership will be
owned 60% by Phelps
Dodge and 40% by Alcoa
Aluminio. Production will
take place at Aluminio’s
existing manufacturing
facility in Poços de
Caldas, which is
ISO 9000 certified and a
recipient of Brazil’s 1996
National Quality Award.
Phelps Dodge is one of
the world’s largest copper
mining operators.
…And Getting
the Orders
Within weeks of its for-
mation, Aluminio’s joint
venture with Phelps
Dodge was awarded two
significant public con-
tracts with Furnas, the
major government-owned
electric generation and
transmission utility. The
first is an order for 3,250
mt of Bluejay cable for
the Itaipu/Ivaipora
transmission line. The
second calls for 4,350 mt
of Rail cable to be used in
building a segment of
the North/South Trans-
mission Line, aimed at
integrating Brazil’s north-
ern transmission grid
with the southern region.
Environment
The Alcoa Forest
Alcoans have been busy planting trees —
roughly three million trees over the past
two years, either through direct seeding or
the planting of seedlings. Included in this
were 460,000 seedlings, over 70% of which
came from Alcoa nurseries. Many of these
plantings are part of ongoing programs to
restore land after mining in the U.S.,
Jamaica, Suriname, Brazil and Australia.
In that same period, Alcoa of Australia
has started 1.76 million trees in direct
seeding programs on reclaimed mine land
and has assisted in the planting of 778,000
trees on non-Alcoa property as part of
Australia’s national Landcare program.
Separately, a ten-year initiative called
One Million Trees aims at getting individual
Alcoans involved in personally planting
trees at their work locations, nearby parks,
or at home.
Franklin Thomas, Alcoa Director