Canada's Alouette aluminum smelter denies force majeure rumors
LONDON (Reuters) - The Alouette aluminum smelter in Canada, the biggest in the Americas, does not plan to declare force majeure, a spokeswoman said on Wednesday, denying a market rumor.
There was speculation in the market that Alouette may have to take the measure due to a shortage of raw material alumina.
"We have not declared force majeure and we do not intend to declare it either," a spokeswoman told Reuters.
The operation has an annual capacity of 600,000 tonnes of primary aluminum, according to its website.
The smelter is owned by a consortium, with 40 percent owned by Rio Tinto (LSE:RIO.L - News), 20 percent stakes held by both AMAG Austria Metall AG (:AMAV.VI) and Norsk Hydro (Oslo:NHY.OL - News), 13.3 percent by Japan's Marubeni and 6.7 percent by Investissement Québec.
(Reporting by Eric Onstad; Editing by Adrian Croft)