Alcoa Opens World¡¯s Largest Aluminum-Lithium Plant in Indiana

Zacks.com reported that Alcoa Inc. (NYSE:AA) announced the opening of the world’s largest aluminum-lithium plant, located in Lafayette, Indiana. The facility will produce lightweight alloy materials for the aerospace industry.

As quoted in the publication:

Alcoa’s new $90-million, advanced manufacturing facility will produce more than 44 million pounds of aluminum-lithium for the production of airplanes. The aircraft manufacturers are switching to lighter and stronger aluminum-lithium alloys as they are less expensive than the conventional titanium and composites, and enable better fuel efficiency, which is the largest single expense for many airlines, at lower maintenance costs. The plant will also provide the world’s largest aluminum-lithium ingots for airplanes which is about 50% larger than its competitors.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.