Alcoa extends consultation period for San Ciprián Aluminum Plant in Spain

Alcoa has reached an agreement with the workers’ representatives for the San Ciprián aluminum plant in Spain to extend the deadline of the formal consultation period for collective dismissal to September 28, 2020.

The company said the agreement is endorsed by the national and regional governments It also includes a process to evaluate a potential sale of the 228,000 tons per year aluminium plant to GFG Alliance.

“If a sales agreement is not reached by September 27, 2020, the Company and the workers’ representatives would then meet for one day on September 28, 2020, on the single topic of a social plan that would include government-supported unemployment benefits (ERTE), or, barring no agreement on an ERTE, the implementation of a permanent collective dismissal,” Alcoa said.

The formal consultation period, which began on June 25, 2020, includes discussions of a restructuring plan for the aluminium facility that aimed at ending persistent and recurring financial losses.

The last meeting of the formal consultation period ended on 4th August’20, without an agreement with the workers’ representatives.

The San Ciprián site has both an aluminium plant and an alumina refinery. The alumina refinery is not included in the consultation or the sales process.