Alcoa Corporation, on behalf of the Alcoa Portland Aluminium joint venture partners, has today announced new five-year agreements with AGL, Alinta Energy and Origin covering power requirements for the Portland Aluminium Smelter.
'Alumina Limited welcomes the power supply agreements which enable the continuing operation of the Portland smelter and underpin its improved competitive position. In addition, both the Commonwealth and Victorian Governments have in principle committed welcome funding packages to ensure the smelter's operations can continue and contribute to the stability of the South East Australian power grid.
This ASX announcement was approved and authorised for release by Mike Ferraro, Chief Executive Officer.
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