Alcoa 2015 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2015 Alcoa annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 221

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221

Basic Agreement was approved by the Guinean National Assembly and was promulgated into law. The Basic
Agreement was originally set to expire in November 2008, but was extended several times, most recently to November
2015. Alcoa completed a pre-feasibility study in 2008, further pre-feasibility work in 2012, and concluded its
evaluation of the project in 2015. AWA LLC and RTA agreed that current market conditions are unable to support the
development of the project as originally conceived and the Basic Agreement expired in November 2015.
In September 2006, Alcoa received environmental approval from the Government of Western Australia for expansion
of the Wagerup alumina refinery to a maximum capacity of 4.7 million mtpy, a potential increase of over 2 million
mtpy. This approval had a term of five years and included environmental conditions that must be satisfied before Alcoa
could seek construction approval for the project. The project was suspended in November 2008 due to global economic
conditions and the unavailability of a secure long-term energy supply in Western Australia. These constraints continue
and as such the project remains under suspension. In May 2012, the Government of Western Australia granted Alcoa a
5 year extension of the original environmental approval. In 2015, Alcoa applied for a further five year extension. The
extension has not yet been granted and there has been no additional work done on the project.
In 2015, Alcoa and Vietnam National Coal-Minerals Industries Group began discussions regarding potential
cooperation to improve the operational and technical performance of the Tan Rai Refinery which started up in 2014. In
January 2016, the parties entered into a non-disclosure agreement to support and further the development of this
potential cooperation. The parties continue to discuss a Memorandum of Understanding (MOU).
Primary Aluminum Facilities and Capacity
The Company’s primary aluminum smelters and their respective capacities are shown in the following table:
Alcoa Worldwide Smelting Capacity
Country Facility
Owners
(% Of Ownership)
Nameplate
Capacity1
(000 MTPY)
Alcoa
Consolidated
Capacity2
(000 MTPY)
Australia Portland AofA (55%)
CITIC3(22.5%)
Marubeni3(22.5%) 358 1974,5
Brazil São Luís (Alumar) Alumínio (60%)
BHP Billiton3(40%) 447 2686
Canada Baie Comeau, Québec Alcoa (100%) 280 280
Bécancour, Québec Alcoa (74.95%)
Rio Tinto Alcan Inc. 7(25.05%) 413 310
Deschambault, Québec Alcoa (100%) 260 260
Iceland Fjarðaál Alcoa (100%) 344 344
Norway Lista Alcoa (100%) 94 94
Mosjøen Alcoa (100%) 188 188
Spain Avilés Alcoa (100%) 93893
La Coruña Alcoa (100%) 87887
San Ciprián Alcoa (100%) 228 228
United States Evansville, IN (Warrick) Alcoa (100%) 2699269
Massena West, NY Alcoa (100%) 130 130
Rockdale, TX Alcoa (100%) 19110 191
Ferndale, WA (Intalco) Alcoa (100%) 27911 279
Wenatchee, WA Alcoa (100%) 18412 184
TOTAL 3,845 3,401
12