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Alumina and bauxite   To better focus on core businesses

Alcoa plans to permanently close Suralco refinery

AlcoaAlcoa Corporation intends to permanently close the Suralco alumina refinery and bauxite mines in Suriname, fully curtailed since November 2015.

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READ MORE Alcoa to close or reduce smelting in U.S., Brazil

The government of Suriname and Alcoa continue to develop definitive agreements concerning Suralco’s remaining activities in the country and the future of the bauxite industry in Suriname.

Pending completion of those agreements, Alcoa will continue to operate the Afobaka hydroelectric facility, which supplied power to the Suralco operations.

"We are working in partnership with the Government of the Republic of Suriname to reach the best possible solution that would enable Suriname to maintain its bauxite industry.

"Dialogue is ongoing and progress is being made," said Roy Harvey, CEO of Alcoa. "As we enter 2017, we also continue to streamline and strengthen our portfolio to better focus on our businesses and the growth opportunities ahead."

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