Alcoa of Australia has announced a new agreement with AGL Energy Limited (AGL) to support future operations at its Portland Aluminium Smelter in Victoria.
The nine-year agreement covers 287 MW of power supply and takes effect from 1 July 2026. Together with a 300 MW contract finalised with AGL in 2023, the new contract will support smelter operations to mid-2035. The combined contracts will enable the smelter to produce up to 95 per cent of its nameplate capacity of 358,000 tonnes of aluminium per year.
