Source AP ©

Aluminum manufacturer Alcoa Inc now has plant in Norway

Aluminum manufacturer Alcoa Inc. opened a plant in Norway to produce anodes for its 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 aluminum making.

Alcoa built the facility, based in Mosjoen, with managing partner Elkem Aluminium ANS, which has a 36 percent stake in the Mosjoen anode plant.

The facility will help the company reduce production costs, said Bernt Reitan, Alcoa's executive vice president and group president of global primary products.