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Alcoa Reaches Power Agreement to Improve Competitiveness of Intalco Smelter

NEW YORK--(BUSINESS WIRE)--$AA #aluminum--Lightweight metals leader Alcoa (NYSE:AA) today announced it has reached an agreement with the Bonneville Power Administration (BPA) that will help improve the competitiveness of its Intalco smelter. As a result, the smelter will not curtail at the end of the second quarter as previously announced by the Company. The amendment to the power contract is effective July 1, 2016 through Feb. 14, 2018 and provides for additional access to market power during this period. Th

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