Alcoa completes exchange agreement with ORKLA ASA
Adds 2 Norwegian Smelters and Anode Plants to business
Alcoa has completed its exchange of stakes with ORKLA ASA for its Elkem Norwegian smelting partnership. The partnership for Alcoa includes aluminum smelters in Lista and Mosjoen (Norway) and an anode facility in Mosjoen. In exchange Orkla ASA received Alcoa’s 45% share of the SAPA soft-alloy extrusion profile joint venture.
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