Aluminium prices foil Point Henry

Alcoa's closures won't be the last of the sector's pain in the Western world as it struggles to rationalise production in the face of low aluminium prices.

Alcoa may have spent the past two years reviewing the future of the 50-year-old Point Henry aluminium smelter near Geelong in Victoria but the results of that review, and the closure of the smelter announced today, have been an increasingly foregone conclusion.

It is a small part of a global restructuring of the industry, or at least the Western world segments of it, to reflect the fundamental changes to the industry that have occurred since the global financial crisis.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles