Alcoa Receives Approval For Continued Mining In Western Australia, Commits To Enhanced Environmental Practices

Alcoa Inc. -2.33%

Alcoa Inc.

AA

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-2.33%

Alcoa Corporation (NYSE:AA) today welcomed decisions from the Western Australian (WA) Government that will allow the Company to continue bauxite mining and downstream alumina refining in the State, while also pledging to enhance the way it operates to meet evolving requirements and expectations.

The government has announced that it will approve Alcoa's latest five-year mine plan – known as the 2023-2027 Mining and Management Program (MMP) – for its Huntly and Willowdale bauxite mines.

In addition, the government has granted an exemption that will allow Alcoa to continue its mining operations if the WA Environmental Protection Authority (EPA) decides to undertake a separate environmental impact assessment on all or parts of the MMP. The EPA's determination is expected by year end.

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