Alcan to Close Iceland Potline Following Transformer Failure

Alcan Inc. announced today that its ISAL aluminum smelter is working to restore production in one of its three pot lines following a power interruption from a transformer failure. Initial estimates predict that it will take approximately three to four months to fully restore aluminum production to the affected line, which has a total capacity of approximately 70,000 tonnes per annum. The lost production over this period of time is presently estimated at 20,000 tonnes, which represents less than one percent of Alcan’s total annual capacity.

“Despite this production loss, Alcan is grateful that all ISAL employees are safe and that damage to equipment was limited,” said Rannveig Rist, General Manager, Alcan Iceland Ltd. “The professional manner in which employees dealt with these events is commendable,” she added.

The cause of the failure is under investigation. Repair work on pots and other equipment will begin as soon as possible. Losses are minimal and expected to be covered by insurance.