Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Alcoa Inc    AA

Delayed Quote. Delayed  - 05/27 10:00:17 pm
9.35 USD   -1.68%
05/27 ALCOA : schedules more plant layoffs
05/22 ALCOA : Trump's Washington supporters say a troubled nation needs hi..
05/22 ALCOA : Trump's Washington supporters like his outsider status, will..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Alcoa Clinches 5-Year Extension For Wagerup Alumina In West Australia

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/09/2012 | 06:57am CEST

The Western Australian state government said Wednesday it has granted the Australian unit of Alcoa Inc. (>> Alcoa Inc.) a five-year extension for its proposed Wagerup alumina refinery expansion.

The approval, by Environment Minister Bill Marmion, follows the Environmental Protection Authority's recommendation in February that Alcoa be allowed to defer the start of construction under the terms of its 2006 approval.

"The EPA recommended that, as the environmental factors of the proposal had not significantly changed and no new factors had emerged since the initial approval, the time limit be extended a further five years," said Marmion in a statement.

However, before starting construction Alcoa will still require a works approval from the Western Australian state government, which would involve public consultation, he added.

Wagerup's expansion to 4.7 million tons a year has been deferred by Alcoa of Australia, owned 60% by Alcoa Inc. and 40% by Alumina Ltd. (>> Alumina Limited), until market conditions improve.

-By Stephen Bell, contributing to Dow Jones Newswires; 61-8-9244-4243; djsydney@dowjones.com

Stocks mentioned in the article : Alcoa Inc., Alumina Limited
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on ALCOA INC
05/27 ALCOA : schedules more plant layoffs
05/23 ALCOA : Assigned Patent
05/22 ALCOA : Trump's Washington supporters say a troubled nation needs him
05/22 ALCOA : Trump's Washington supporters like his outsider status, willingness to s..
05/16 ALCOA INC. : Change in Directors or Principal Officers, Regulation FD Disclosure..
05/16 ARCAM : Expands Alcoa's 3D Printing Technology Portfolio, Delivers Arcam Q20plus
05/13 ALCOA : SURINAME-MINING - Monaco Resources Group to mine bauxite in Suriname
05/13 ALCOA : Announces Executive Appointments; Karl Tragl Assumes Leadership of Alcoa..
05/13 ALCOA : Announces Executive Appointments
05/13 ALCOA : AA) EPS Group President Jarrault Resigns; Successor Appointed
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials