Alcoa Inc:Says it will permanently close its poços de caldas primary aluminum smelter in Brazil on June 30.Says smelter has been curtailed since May 2014 and the underlying market conditions that led to the curtailment have not improved.Says the poços mine, refinery, aluminum powder plant and casthouse will continue normal operations.Says once poços smelter is closed, co's total global smelting capacity will be reduced to 3.4 million metric tons.Says expects to record restructuring-related charges in second quarter 2015 between $100 million and $110 million after-tax.
Alcoa Inc:Says that Alcoa of Australia will permanently close Anglesea coal mine and power station on Aug 31.Anglesea power station previously supplied about 40 percent of power needs for Point Henry smelter in Geelong, Victoria.Alcoa said in Feb. 2014 that it would conduct sales process for site, which has been operating as independent supplier to National Electricity Market since smelter closed in Aug. 2014.Says sales process did not result in a sale.
Compact Metal Industries Ltd:Says PT Cakra Compact Aluminium Industries, a dormant wholly owned subsidiary of the Company incorporated in Indonesia has been voluntarily liquidated.
Vietthai Electric Cable Corp:To close its branch at 011 Apartment Building 52, Road 332, Chanh Hung, Ward 5, District 8, Ho Chi Minh City.Effective date is Jan. 1, 2015.
POSCO M-TECH CO.,LTD:To suspend city mineral business, to concentrate on core business, effective Dec. 31.
Compact Metal Industries Ltd:Company has applied to strike off the following subsidiaries from the registrar of companies.Says striking off of Aluform Marketing Sdn Bhd and Compact Hotel Sdn Bhd have no material impact on the consolidated net tangible assets per share and earnings per share of the company for the financial year ending on Dec. 31.Says equity held by Group in Aluform Marketing Sdn Bhd is 60.9 pct.Says equity held by Group in Compact Hotel Sdn Bhd is 100 pct.