Alcoa 2009 Annual Report Download - page 18

3Figures include the minority interest of Alumina Limited in facilities owned by AofA. From these facilities, Alcoa takes
100% of the production allocated to AofA.
4The named company or an affiliate holds this interest.
5In December 2008, approximately 15,000 mtpy annualized production was idled at the Portland facility due to overall
market conditions. In July 2009, an additional 15,000 mtpy annualized production was idled, again, due to overall
market conditions.
6In January 2009, approximately 32,000 mtpy annualized production was idled at the Poços de Caldas facility due to
overall market conditions. However, production is expected to increase during the first quarter of 2010.
7In November 2008, Baie Comeau permanently curtailed one potline (53,000 mtpy) in response to the economic
downturn and as part of a modernization program, reducing nameplate capacity to 385,000 mtpy.
8Owned through Rio Tinto Alcan Inc.’s interest in Pechiney Reynolds Québec, Inc., which is owned by Rio Tinto Alcan
Inc. and Alcoa.
9In November 2009, Alcoa announced the idling of smelting at Fusina and Portovesme due to uncertainty in obtaining
competitively priced power and the financial impact of the European Commission decision regarding electricity tariffs,
as described in Part I, Item 3. (Legal Proceedings) of this report. The idling has not occurred as of the filing of this
report.
10 In March 2009, Alcoa and Orkla ASA exchanged respective stakes in the Sapa AB and Elkem Aluminium ANS
companies. Alcoa now owns 100% of the Lista and Mosjøen smelters.
11 The Warrick facility currently has one idled potline of approximately 40,000 mtpy of annualized production.
12 At the end of 2005, all production was idled at the Eastalco smelter located in Frederick, Maryland.
13 All production at the Badin, North Carolina facility has been idled since August 2002.
14 All production at the Massena East smelter was idled in June 2009 due to economic conditions, as well as the planned
modernization of that facility.
15 All production at the Tennessee smelter was idled in March 2009 due to economic conditions.
16 Between June and November 2008, three of Rockdale’s six potlines were idled as a result of uneconomical power prices.
The remaining three operating lines were idled in November 2008 due to uncompetitive power supply and overall
market conditions.
17 One and a quarter of Intalco’s three potlines, or approximately 115,000 mtpy, remains idled.
18 Two of Wenatchee’s four potlines, or approximately 84,000 mtpy, remain idled.
As of December 31, 2009, Alcoa had approximately 1,234,000 mtpy of idle capacity against total Alcoa Consolidated
Capacity of 4,812,900 mtpy.
As noted above, Alcoa and Ma’aden entered into an agreement that involves development of an aluminum smelter in
the Kingdom of Saudi Arabia. The smelter is expected to have an initial capacity of ingot, slab and billet of 740,000
mtpy. First production is expected in 2013.
Alcoa and the Government of Iceland began detailed feasibility studies for the development of a 250,000 mtpy
aluminum smelter at Bakki near Húsavík in north Iceland in 2006. Although the memorandum of understanding
(MOU) between the Government, the Municipality and Alcoa related to this activity expired in 2009, Alcoa is pursuing
continued studies. At the same time, the Government and the local community are developing their revised strategy for
utilizing the power from the geothermal areas under a new MOU structure. They have said that Alcoa is the preferred
partner even if the company was not invited to this new MOU. Separate MOU agreements between Alcoa and
Landsvirkjun and Alcoa and Landsnet covering development of power generation and transmission for this smelter
project were signed in May 2006. Although the MOU between Alcoa and Landsvirkjun expired in 2008, Alcoa and the
power companies continue their collaboration on the studies, including the Joint Environmental Impact Assessment,
and Alcoa is working on the extension of the Landsnet MOU which expired in December 2009.
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