Alcoa to close aluminium smelter

Point Henry smelter and two rolling mills will close, costing up to $270m.

Alcoa (AAI) will close its Point Henry aluminium smelter in Geelong in August at a cost of around $160 million.

In a statement, the group said it would also close two rolling mills that employ about 480 people by the end of 2014, including an adjacent mill in Geelong and a mill in Yennora, New South Wales.

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