Noranda Alumina Inc.

Location: Gramercy, LouisianaThis facility produces both smelter-grade and chemical grade alumina for use in making aluminum metal, as well as producing bauxite which has various industrial uses.

Noranda employs a straightforward strategy: produce every pound of aluminum at the lowest possible cost. They accomplish this through an exhaustive productivity program which has generated savings across their operations.

Upstream business

Noranda’s upstream business consists of the New Madrid Smelter and Alumina Refinery in New Madrid, Kentucky, which produces both smelter grade alumina for aluminum metal production as well as chemical grade alumina used in water treatment and oil refining applications. Furthermore, this facility includes an integral fabrication facility which transforms molten metal into value-added products like extrusion billet and foundry ingot; in addition to owning and operating rolling mills throughout southeastern United States.

Noranda’s upstream operations produce both bauxite and alumina – essential materials in making aluminum. Their New Madrid Smelter in Kentucky, currently in bankruptcy proceedings but operating for decades as both Kaiser Aluminum and then Norandal; Gramercy Alumina Refinery located on Louisiana’s east bank of Mississippi River began production of smelter-grade alumina since 1957; their location provides both sea and river access; in addition, they operate their own mining operation in Jamaica that supplies close-by bauxite supply; also there’s their dedicated Jamaica mining operation providing closest supply.

Noranda has recently implemented numerous cost savings measures to enhance profitability and cut expenses, which have resulted in substantial cost reduction. These initiatives include cutting electric rates at its smelter to save $20 million per year while expanding Jamaica’s dock berth and shipping channel depth reduced freight and shipping costs by $5 million annually.

Noranda’s need to restructure and grow is being driven by numerous factors. The company boasts numerous natural advantages, including strong employees with longstanding customer relationships as well as assets strategically positioned and cost competitive across global markets.

The management team of Alcoa International possesses extensive expertise in commodity and industrial business operations, as well as in aluminum. Alcoa offers an impressive product portfolio with proven value creation for shareholders; additionally, they lead development of low carbon technologies.

Smith joined Noranda as CEO in 2008, drawing upon his expertise in commodities trading as well as experience at Apollo to make him an excellent choice for this position. He has overseen multiple successful acquisitions while possessing vast knowledge in metals processing.

Downstream business

Noranda Aluminum’s Downstream Business includes an alumina refinery, bauxite mine and rolling mills. They produce light gauge aluminum sheets in Tennessee, North Carolina and Arkansas at production facilities located there; additionally they own an alumina smelter and refinery in Gramercy Louisiana which produces both smelter grade alumina as well as chemical grade for use in producing aluminum metal and sold to customers worldwide.

Noranda’s strategy revolves around its position as a US-based integrated producer of primary aluminum. Noranda maximizes production to meet market demands while striving to produce each pound at minimal costs – this allows them to sell every product for the maximum possible premiums.

Noranda has made significant efficiency gains at its flat-rolled products facility to meet its goals, such as debottlenecking and labor efficiencies which resulted in savings of $10 million and $15 million respectively. Furthermore, Noranda implemented a multi-year productivity program which will enable it to operate reliably regardless of commodity price fluctuations.

Future goals of this company will include using new technologies to cut energy costs while expanding recycling capacities, working closely with local communities on waste management programs and creating innovative waste disposal programs. It has a rich tradition of innovation within the aluminum industry and continues to innovate its technology further.

Noranda’s alumina and refining businesses produce most of the aluminum consumed in the United States, boasting significant mining operations in Jamaica (St Ann) and Gramercy, Louisiana as well as an alumina smelter there and another one in St Ann.

PJT Partners, Noranda’s investment bank adviser, began soliciting interest in the sale of Gramercy and St. Ann assets beginning in July. Multiple parties submitted nonbinding letters of interest, with Alcoa and ArcelorMittal both showing an interest in purchasing them for $65 million or less – the final purchase price should be decided during bankruptcy court proceedings.

Management team

Kip Smith leads the management team of noranda alumina. With more than a decade of experience in metals manufacturing, he previously served as CEO for Covalence Specialty Materials before it was purchased by Apollo; additionally he held key roles at Berry Plastics–the number one domestic trash bag producer–as well as holding an advanced degree in Finance and Management.

This company specializes in the production of premium grade primary aluminum and rolled aluminum products, operating a bauxite mine, an alumina refinery and aluminum smelter in Louisiana as well as providing logistics services to both industries. Their corporate office can be found in Gramercy.

Noranda’s recent restructuring is designed to maximize performance across its mining, refining and primary aluminum businesses. To this end, Noranda made two further executive changes – Mike Griffin being named president of primary aluminum business and Scott Croft becoming flat-rolled business leader respectively – while maintaining all other senior leadership positions unchanged.

Alumina is an essential industrial raw material, used to manufacture an array of aluminium products such as castings and rollings for automotive, aerospace, construction applications as well as consumer durables such as appliances and electronics. Due to increasing demand, alumina prices are expected to continue their upward trajectory for some time to come.

Mechatherm provided equipment for Gramercy Alumina LLC plant, which employs the Bayer Process to extract alumina from bauxite provided by Noranda Bauxite Ltd in St Ann, Jamaica. This facility boasts two 100T tilting holding furnaces (THFs) powered by natural gas cold air burners in order to keep molten aluminium liquid. Furthermore, each THF features a Pyrotek SNFI-HD 2000 reactor for efficient and stable operation of their respective THFs.

Current manufacturing capacity stands at 1.200,000 metric tons annually of alumina produced and refined into primary metals such as molten aluminum and magnesia that are converted to various finished aluminum products such as redraw rods, extrusion billets, foil and fin stock – making the company one of the leading North American integrated producers of value-added primary and secondary aluminum traded on the New York Stock Exchange.

Фінансові показники

This company specializes in producing primary aluminum, alumina and bauxite. Additionally, they manufacture rolled aluminum coils used for construction and manufacturing applications. Their New Madrid Smelter in Missouri produces 263,000 metric tons annually; their fabrication facility transforms molten aluminium into extrusion billet and foundry ingot; their Gramercy Louisiana plant uses Bayer Process technology to extract alumina from Noranda Bauxite Ltd in St Ann Jamaica to extract their Bayer Process produced alumina; its refinery capacity exceeds 1,200,000 tons annually.

Noranda operates across North America, Latin America and Australia with operations that span these three regions. Their business is well-positioned to capitalize on long-term trends in demand and supply, such as increasing consumption in emerging economies. Their global operations network of mines, smelters and refining facilities produce products highly sought-after across multiple market segments including construction, consumer durables, electrical applications and transportation.

Noranda has taken steps in recent years to help meet its goals, such as debottlenecking its flat-rolled products plant to improve productivity and lower costs, as well as initiating labor efficiency programs designed to maximize savings and remain profitable even during low points of the commodity cycle. These investments and initiatives have enabled Noranda to remain profitable and generate positive cash flow despite these initiatives and investments.

In 2007, we updated our long-term incentive plan. These amendments permit directors and employees of the Company and its Subsidiaries to acquire shares more easily, increasing their personal stake in its growth and success. The purpose of the plan is to encourage and reward employees who contribute to its growth by awarding stock awards as compensation for services rendered; so far $27 Million have been distributed under this new plan; more are anticipated in future awards.