Displaying items by tag: Alcoa
Adbri's lime contract with Alcoa ends early
21 March 2024Australia: Adbri has announced the early termination of its contract to supply quicklime to aluminium producer Alcoa, ending in April 2024 instead of the original plan for six months later. This decision is part of an amendment to meet changing demand. The news comes amid Adbri's ongoing review of its Western Australia lime operations and follows Alcoa's recent production curtailment at its Kwinana refinery. Adbri previously supplied to three Alcoa alumina refineries in Western Australia, but the number was reduced to one in 2021.
Adbri is also in the process of finalising a US$2.1bn buyout with Irish company CRH.
Australia: US-based bauxite, alumina and aluminium producer Alcoa has said that it will not renew its US$48.5m/yr lime supply contract with Adelaide Brighton subsidiary Cockburn Cement following its expiry at the end of June 2020. Business News Western Australia has reported that the end of the 50-year contract puts between 40 and 50 jobs at risk at Cockburn Cement.
Adelaide Brighton chief executive officer (CEO) Nick Miller said, “We are disappointed with Alcoa's decision to displace a locally-manufactured product with imports from multiple sources. We will work quickly to mitigate the impact on local jobs supporting our lime business and we remain committed to supplying our Western Australia resources sector customers.”