Alcoa announced that its Brazilian 100 percent equity owned subsidiary, Alcoa Aluminio S.A., will begin expanding capacity at its Sao Luis aluminum smelter.
Aluminio will expand its share of the smelting operations in Sao Luis by 30 percent, or 63,000 metric tons per year, with an investment of $ 130 million, bringing Alcoa Aluminio's share of smelting capacity there to 262,000 metric tons per year. Production expected to begin in the third quarter of 2005.
The Alumar facility is a non-incorporated joint venture, with BHP Billiton. Upon completion of this expansion, total smelting capacity at the Alumar consortium will increase from 370,000 mtpy to 433,000 mtpy.
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