Alcoa, the global leader in lightweight metals technology, engineering and manufacturing, has reached an agreement with Bonneville Power Administration (BPA) that will help improve the efficiency of its Intalco smelter located in Washington state.
Alcoa said that as a result of this agreement, the smelter will not curtail at the end of the second quarter as previously announced.
According to the company, the amendment to the power contract is effective July 1, 2016 through February 14, 2018 and provides for additional access to market power during this period.
“This short-term amendment with BPA, combined with the state of Washington’s $3 million budget proviso for workforce training, are key factors in helping Intalco remain competitive,” the company said in a statement.
“Alcoa thanks Governor Inslee; its federal delegation led by Senators Murray and Cantwell, and Representatives DelBene and Larsen; the state legislative delegation led by Senators Ranker and Ericksen; and BPA for their support.”