Original article by Ben Potter
The Australian Financial Review – Page: Online : 7-Jan-22

South32 and Alcoa Corporation have announced plans to restart their Alumar aluminium smelter in Brazil, with first production due in the June quarter. The two companies intend to spend around $USS175 million ($243 million) on the restart, and are intending to only use renewable energy. South32 owns 40 per cent of the smelter, and will contribute $US70 million as its share of the cost of getting it restarted. Full production capacity of 447,000 tonnes per annum is expected to be reached by the March 2023 quarter.

CORPORATES
SOUTH32 LIMITED – ASX S32, ALCOA INCORPORATED