CAPITAL MARKETS

Alcoa warms to Iceland

ALCOA and the Government of Iceland have started a feasibility study into the development of a 250,000 tonne per annum aluminium smelter in the north of the country to be powered by geothermal energy, potentially one of the first geothermal-powered smelters in the world.

Michael Vaughan
Alcoa warms to Iceland

The aluminium giant says if the feasibility stacks up, it is unlikely construction would begin before 2010. After extensive public consultation and research, Alcoa chose Husavik in the north of Iceland...

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