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Alcoa (AA) to Close Aluminum Smelter in Brazil; Sees Q2 Charges

June 30, 2015 8:33 AM EDT

Alcoa (NYSE: AA) announced that it will permanently close its Poços de Caldas primary aluminum smelter in Brazil on June 30, 2015. The smelter has been curtailed since May 2014 and the underlying market conditions that led to the curtailment have not improved.

The closure... More