Suriname Aluminum Company LLC, known as Suralco, has no choice but to cut annual output by 870, 000 metric tons, the South American nation's natural resources minister said Thursday.
PARAMARIBO, Suriname (AP) — A Surinamese subsidiary of U.S. aluminum producer Alcoa will slash alumina production by 40 percent because the global economic slowdown has lowered demand. The refinery, owned jointly with N.V. BHP Billiton Maatschappij Suriname, employs roughly 1, 150 people.
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The US company also said it has broken ground on a 250, 000t alumina expansion at its Paranam refinery in Suriname, and its board has approved efficiency upgrade plans for AWAC's Pinjarra alumina refinery in Western Australia that will increase capacity by 600, 000t to 4.2Mt.
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Suriname Aluminum Company LLC (Suralco) today announced that production at the Paranam, Suriname alumina refinery was being curtailed by approximately 40% or 870, 000 metric tons per year (mtpy). The refinery, which has a production capacity of 2.2 million mtpy, is owned jointly with N.V. BHP Billiton Maatschappij Suriname
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