Overview
- About 220 remaining employees will be progressively reduced during 2026, with a small number staying beyond 2026 to ready the site for redevelopment.
- Alcoa will book roughly US$890 million in restructuring and related charges in Q3 2025 and expects about US$600 million in closure cash outlays over six years.
- The shutdown lowers Alcoa’s global consolidated refining capacity to around 11.7 million metric tons.
- Port and rail facilities at Kwinana will keep operating as Alcoa works with Western Australian authorities on decommissioning and future land use.
- Production had been curtailed since mid-2024 after workforce reductions that began in January 2024, and an ABC-cited expert has estimated a roughly $650 million annual hit to WA’s economy.