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June 30, 2015 6:21 AM ET

Metals and Mining

Company Overview of Alcoa of Australia Limited

Company Overview

Alcoa of Australia Limited, doing business as Alcoa World Alumina Australia, provides bauxite mining, alumina refining, and aluminum smelting system and support solutions. Its activities include producing alumina and primary aluminum products; operating Portland aluminum smelter and a coal mine and power station; and producing rolled aluminum products. The company also engages in distributing aluminum truck wheels; manufacturing and distributing fasteners; beef breeding and production; and operating a nursery for seeds and plants for rehabilitation of the residue rehabilitation areas. The company serves aerospace, automotive, packaging, building and construction, commercial transportation, c...

Centre Davy and Marmion Streets

Booragoon, WA 6154

Australia

Founded in 1961

Phone:

61 8 9316 5111

Fax:

61 8 9316 5106

Key Executives for Alcoa of Australia Limited

Chairman and Managing Director
President
Age: 65
Acting Executive Director of Finance & Business Services
Chief Executive Officer of Alcoa Inc and President of Alcoa Inc
Age: 57
President of Global Mining -Alcoa Global Mining
Compensation as of Fiscal Year 2014.

Alcoa of Australia Limited Key Developments

Alcoa of Australia to Close the Anglesea Power Station

Alcoa announced that Alcoa of Australia Limited will permanently close the Anglesea coal mine and power station on August 31, 2015.

Alcoa of Australia Limited Secures Long Term Energy Supply

Alumina Limited announced that Alcoa of Australia Limited has secured further long term energy supply for its Australian alumina refineries. This gas supply agreement secures the low cost position of AWAC's1 Australian alumina refining business. This agreement brings to almost 75% the amount of gas now secured by Alcoa of Australia to replace existing gas supply agreements which expire at the end of this decade. The impact of the gas supply agreement on AWAC's alumina production costs will not be material relative to the costs actually incurred in 2014. Alumina Limited believes this is an important initiative that secures AWAC's leading global position in alumina refining. The agreement is conditional on a consortium comprising Brookfield Asset Management Inc. and Macquarie Capital Group Limited completing the acquisition of Apache Energy Limited's Western Australian oil and gas assets in the Carnarvon Basin from Apache Corporation. As part of the gas supply arrangements, Alcoa of Australia will make a prepayment against contracted supply of $500 million. The prepayment will be payable by two installments. The first installment of $300 million is due on closing of the Apache asset sale, expected to be in May 2015. The second installment of $200 million is due in 2016.

Alcoa of Australia Limited Announces Earnings Results for the Year Ended December 31, 2013

Alcoa of Australia Limited announced earnings results for the year ended December 31, 2013. For the year, the company reported net profit of $259.5 million, compared with $139.7 million in 2012. Sales revenue was up $411.6 million to $3.7 billion.

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