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Last updated on May 30, 2012 at 18:37 EDT

Alcoa to Build $1.5B Aluminum Smelter

February 16, 2006
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Alcoa Inc. said Thursday it will spend about $1.5 billion to build an aluminum smelter in Trinidad and Tobago.

The 341,000-ton per year facility, which will include an associated anode plant and cast house, will be built in the Cap-de-Ville area of southern Trinidad.

The facilities, to be owned 100 percent by Alcoa, would be powered by a self-contained power plant fueled by natural gas. The new smelter and related facilities are projected to cost about $1.5 billion.