NEW YORK (AP) — Alcoa Inc. said Tuesday it opened a new plant in Norway to produce anodes for the company's Fjardaal aluminum smelter in Iceland and the Mosjoen aluminum smelter in Norway.
Anodes are the electrodes toward which current flows during the smelting process of making aluminum. The 280,000 metric ton per year anode plant is based in Mosjoen.
Alcoa built the facility with managing partner Elkem Aluminium ANS, which has a 36 percent stake in the Mosjoen anode plant.
Alcoa said anodes from the new plant have already been delivered to the Mosjoen smelter and the first shipments to Fjardaal are expected to start this month.
Alcoa Executive Vice President Bernt Reitan, who serves as group president of global primary products, said the facility will help the company reduce production costs.