Alcoa Declared Major Investment at Mosjoen Smelter

SEATTLE (Scrap Monster): Pittsburgh-based Alcoa Corporation announced major investment at its Mosjoen smelter in Norway. The proposed $51 million investment is aimed at boosting the smelter’s production capacity by around 14,000 metric tons per year (mtpy) by the end of 2026. It must be noted that the smelter currently has a nameplate capacity of 200,000 mtpy.

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The project targets improvement to the smelter’s electrical infrastructure, including the installation of new high voltage cabling and switching equipment. This in turn will lead to significant improvement in the amperage to the site’s two potlines. Furthermore, the investment is also expected to improve the site’s existing anode production process, the company press release noted.

The company has invested approximately $50 million in various capital projects at the facility over the past three years.

John Slaven, Alcoa’s Executive Vice President and Chief Operations Officer said that the investment reflects its operational excellence, the dedication of its employees, and the strong support from its many customers and community stakeholders. Mosjoen is already a top-performing asset in Alcoa’s global system, he added.