Alcoa World Alumina And Chemicals
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Alcoa World Alumina And Chemicals
Alcoa World Alumina and Chemicals is a joint venture between Alumina Limited (40% share) and Alcoa (60% share) and is abbreviated to AWAC. AWAC's business is the mining of bauxite, the extraction of alumina ( aluminium oxide) and the smelting of aluminium. It has about 25% of the global alumina market. Alcoa acts as the day-to-day manager. Australian operations Alcoa has two smelters in Victoria, located at Portland and Point Henry in Victoria. It has three alumina refineries in Western Australia, located at Kwinana Beach, Pinjarra and Wagerup, and two bauxite mines at Huntly and Willowdale, also in Western Australia. Portland smelter The Portland smelter produces about 360,000 tonnes of aluminium a year, and is Victoria's largest single exporter. Point Henry smelter The Point Henry smelter commenced full production on April 4, 1963. It has a production capacity of 185,000 tonnes of aluminium a year. March 20, 1969, saw Alcoa's own brown coal-fired Anglesea Power Station b ...
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Alumina Limited
Alumina Limited is an Australian holding company. Spun off from Western Mining Corporation in 2002, its sole asset is a 40% shareholding in Alcoa World Alumina & Chemicals. History Alumina was founded in December 2002 when Western Mining Corporation spun off its aluminium and bauxite assets. Alumina's only business activity is as the owner of a 40% share in Alcoa World Alumina & Chemicals (AWAC), a joint venture with Alcoa. AWAC owns two bauxite mines and three refineries (to extract aluminium oxide from bauxite) in Western Australia and owns a smelter (to extract pure aluminium metal) and has a 55% interest in the Portland aluminium smelter. AWAC also has operations or interests in Brazil, Guinea, Saudi Arabia and Spain. In 2016, Alumina Limited achieved great short term authority over its interest in AWAC with more influence over a broader suite of operational and investment decisions. Having been a dual-listed company with shares on both the Australian Securities Exchan ...
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