Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Alcoa Inc    AA   US0138171014


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

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

05/09/2012 | 12:57am US/Eastern

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;

Stocks mentioned in the article : Alcoa Inc., Alumina Limited
React to this article
Latest news on ALCOA INC
2d ago ALCOA : Approval and Promulgation of Implementation Plans; State of Washington; ..
5d ago ALCOA : to show riverbed rights under NC dams (Judge)
5d ago Pittsburgh home prices jump, Alcoa completes acquisition, NYSE threatens FAB ..
5d ago ALCOA : Acquires Firth Rixson, Grows Global Aerospace Portfolio; Transaction Adv..
6d ago ALCOA : Acquires Firth Rixson, Grows Global Aerospace Portfolio
6d ago ALCOA : Entry into a Material Definitive Agreement, Unregistered Sale of Equity ..
6d ago ALCOA : Acquires Firth Rixson, Grows Global Aerospace Portfolio
6d ago ALCOA : Patent Issued for Building Sunshade with Integral Electric Generator
11/18 ALCOA : MILITARY Alcoa Hardware and Abrasives Sought by Defense Logistics Agency
11/14 ALCOA : Assigned Patent
Duration : Period :
Alcoa Inc Technical Analysis Chart | AA | US0138171014 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes