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Article: Alcoa Completes Exchange with ORKLA ASA For 2 Norwegian Smelters and Anode Plant.
- Article from:
- Business Wire
- Article date:
- March 31, 2009
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Alcoa Now Sole Owner of Former Elkem Aluminum ANS; Lista and Mosjoen Operations Form Alcoa Norway ANS
NEW YORK -- Alcoa (NYSE:AA) today announced it has completed its exchange of stakes with ORKLA ASA for its Elkem Norwegian smelting partnership, which includes aluminum smelters in Lista and Mosjoen, as well as one of the world's most modern anode plants, also in Mosjoen. Orkla, in turn, received Alcoa's 45 percent share of the SAPA soft-alloy extrusion profile joint venture.
The two smelters and anode facility - Mosjoen, located in Northern Norway, and Lista, on the southern tip of the country - provide a combined primary production output of 282,000 ...