Alcoa to cut production at Quebec smelter

Thu May 16, 2013 11:36am EDT
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May 16 (Reuters) - Alcoa Inc said on Thursday it is permanently closing two potlines at its Baie-Comeau smelter in Quebec, with total capacity of 105,000 tonnes, and delaying the construction of a new potline at the facility.

The aluminum producer said it expects restructuring charges related to the closures will be between $135 million and $155 million on an after tax basis in 2013.