Alcoa Corporation announced last Thursday (April 1) that it has completed the sale of the rolling mill and associated assets, held by Alcoa Warrick LLC, to Kaiser Aluminum Corporation. Alcoa received around US$670 million for this sale. The sale closed on March 31, 2021.
Alcoa retained ownership of the 269,000 metric tons of smelting capacity at its Warrick aluminum smelter, the Warrick electric generating units, and land holdings in Warrick County.
Alcoa has about 660 employees at the smelter and the power plant at the Warrick site.
Alcoa completes sale of Warrick rolling mill to Kaiser Aluminum
6 Apr 2021 15:23 reported by Joy Liu
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