Rising Brazilian costs hit Alumina

ALUMINA says Alcoa World Alumina and Chemicals (AWAC) – its joint venture with Alcoa – is facing cost blowouts at the Alumar refinery and Juruti bauxite mine in Brazil as major projects in that country suffer big increases in construction and labour costs.

Rising Brazilian costs hit Alumina Rising Brazilian costs hit Alumina Rising Brazilian costs hit Alumina Rising Brazilian costs hit Alumina Rising Brazilian costs hit Alumina

The Melbourne-based company said today that the estimated cost of AWAC’s 54% stake in the expansion of the Alumar refinery was expected to increase from $US1.3 billion ($A1.33 billion) to $1.

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