Alcoa 2010 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. Production levels have since returned to normal.
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 Portovesme plant continues to operate with a new
power agreement effective September 1, 2010 through December 31, 2012. As of June 30, 2010 the Fusina smelter was
temporarily idled. For more information, see “Energy – Europe – Electricity” on page 18.
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 In June of 2010, Alcoa temporarily idled the smelter in Avilés as a result of torrential flooding in the region. Portions of
the operations were gradually brought on-line as clean-up and repairs progressed, and the company announced in
January 2011 that normal operations had been fully restored.
12 The Warrick facility has permanently idled one potline of approximately 40,000 mtpy. This capacity is no longer
reflected in Alcoa’s portfolio.
13 The Eastalco smelter located in Frederick, Maryland has been permanently idled. This capacity is no longer reflected in
Alcoa’s portfolio.
14 The Badin, North Carolina facility has been permanently idled. This capacity is no longer reflected in Alcoa’s portfolio.
15 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. In January 2011, Alcoa announced that it is initiating a restart of the Massena East
smelter, with a return to operation expected by mid-summer 2011.
16 All production at the Tennessee smelter was idled in March 2009 due to economic conditions.
17 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.
18 While approximately one of Intalco’s three potlines, or approximately 93,000 mtpy, remained idle during 2010, Alcoa
announced in January 2011 that 36,000 mtpy of capacity will be restarted and should be operating by mid-summer.
19 While two of Wenatchee’s four potlines, or approximately 84,000 mtpy, remained idle during 2010, Alcoa announced in
January 2011 that 43,000 mtpy of capacity will be restarted and should be operating by mid-summer.
As of December 31, 2010, Alcoa had approximately 878,000 mtpy of idle capacity against total Alcoa Consolidated
Capacity of 4,518,000 mtpy. Once Massena East, Intalco, and Wenatchee resume operation, as announced by Alcoa in
January 2011, Alcoa will have approximately 674,000 mtpy of idle capacity.
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 joint venture entity, Ma’aden Aluminium Company, has signed project financing
for the smelter and broken ground on the construction of the smelter. The smelter is expected to have an initial capacity
of ingot, slab and billet of 740,000 mtpy. First production is expected in 2013.
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