Alcoa of Australia (Alcoa) has announced a new agreement with AGL Energy Limited (AGL) to support future operations at Portland Aluminium Smelter in Victoria.
The nine-year agreement covers 300 megawatts of power supply and takes effect from 1 July 2026 when the existing contracts with AGL end. This volume represents approximately 50 per cent of the energy required to meet the facility’s nameplate capacity of 358,000 tonnes of aluminium per year. The smelter is currently producing about 75 per cent of that volume.