Alcoa Forges Agreement to Secure San Ciprian Smelter’s Future

Post Views: 344 Alcoa Alcoa has signed a pivotal Memorandum of Understanding (MoU) with both the Spanish national and Galician regional governments, signaling a concerted effort to maintain operations at the San Ciprian aluminum smelter. Essentially, this move addresses the smelter’s precarious economic situation, which had prompted Alcoa to explore alternative solutions, including a potential sale.   Navigating Economic Challenges and Seeking Solutions Initially, Alcoa sought to divest the San Ciprian smelter in 2021. Subsequently, an agreement with workers in early 2023 aimed to f...