(MENAFN) Alcoa, a global aluminum producer, said that it intends to permanently close its Point Henry aluminum smelter and two rolling mills in Australia, Xinhua reported
The company said that a review was conducted and found that the Point Henry smelter will not become financially viable
Alcoa said in a statement: ""The smelter will close in August and the rolling mills by the end of 2014.
The firm's decision will affect 1,000 employees at the three sites to be closed
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