Alcoa Corporation (NYSE:AA) today announced plans to restart three of five potlines at its Warrick Operations aluminum smelter near Evansville, Ind., an action that will further improve the competitiveness of the on-site rolling mill.
The process to restart the three lines, with 161,400 metric tons of annual capacity, will begin immediately and is expected to be complete in the second quarter of 2018. The three potlines will directly supply the Warrick rolling mill, which serves the North American market with flat-rolled aluminum for the food and beverage can packaging industry. The smelter’s molten metal will supplement purchased scrap metal and other raw materials that the Warrick site will continue to procure.
Tim Reyes, President of Alcoa’s Aluminum business unit, said:
“By restarting a portion of the Warrick smelter, we will provide an efficient source of metal for the co-located rolling mill and help it meet an anticipated increase in production volumes.
The action will enable us to more fully utilize the assets at this integrated site for the benefit of our investors, customers, employees and the community.”