- Alcoa (NYSE:AA) says it expects to permanently close its Suralco alumina refinery and bauxite mines in Suriname, which have been fully curtailed since November 2015.
- Alcoa says it will record $90M in related restructuring charges during Q4, plus a $31M charge to impair gas exploration assets in Western Australia; it estimates the combined impact of the charges at $0.66/share.
- AA also says Q4 results are not expected to be impacted by the Dec. 1 power outage at the Portland Aluminum smelter in Victoria, Australia.
- AA -0.9% AH.