Jun 30 2004
Following a recent meeting between Alcan officials and a South African delegation, the parties are continuing to examine the best value-creating alternatives offered by the aluminum smelter project in Coega, South Africa.
"We are working with our partners to find ways to maximize value for all stakeholders involved in the Coega smelter project," said Cynthia Carroll, President and CEO of Alcan’s Primary Metal Group.
As part of this review, the optimal technological solution will be selected among the leading Pechiney AP30/AP50 smelting systems.
Depending on the chosen configuration, the Coega smelter project could produce up to 660 kilotonnes of aluminum per annum. Construction could start as early as the end of 2005 with the first metal produced in 2008. The proposed site is located on the coast of South Africa in the Coega Industrial Zone.
"We welcome this development and are looking forward to working together to achieve these objectives," said Alec Erwin, Minister of Public Enterprises, South Africa.
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