| TABLE 5 | |||||||||||||||
| JAPAN: OVERSEAS ALUMINUM SMELTING PROJECTS IN 2003 | |||||||||||||||
| Annual capacity | |||||||||||||||
| Company/project name | (metric tons) | Type of | Production | Shipment to | Major equity holder | Participating Japanese | |||||||||
| and country | Total | Japanese share | power | started | Japan started | and/or other holders | companies and their equity share | ||||||||
| New Zealand Aluminium | 313,000 | 67,600 | Hydro | April 1971 | July 1971 | Comalco New Zealand Ltd., 79.36% | Sumitomo Chemical Co. Ltd., 20.64%. | ||||||||
| Smelters Ltd., | |||||||||||||||
| New Zealand | |||||||||||||||
| Alcan Smelters and Chemical | 90,000 | 45,000 | do. | NA | January 1977 | Alcan Aluminum Ltd. of Canada, | Nippon Light Metal Co. Ltd., 50%. | ||||||||
| Ltd., Canada | 50% | ||||||||||||||
| Intalco Aluminum Corp.,1 | 272,000 | 106,000 | do. | 1966 | NA | Alcoa Inc., 61% | Mitsui & Co., Ltd., 32%; and YKK Corp., 7%. | ||||||||
| United States | |||||||||||||||
| Eastalco Aluminum Co.,1 | 174,000 | 68,000 | Thermal | 1970 | do. | do. | do. | ||||||||
| United States | |||||||||||||||
| Industria Venezolana de | 450,000 | 90,000 | Hydro | February 1978 | December 1978 | Corp. Venezolana de Guayana | Showa Denko K.K., 7%; Sumitomo Chemical | ||||||||
| Aluminio C.A., | (CVG) of Venezuela, 80% | Co. Ltd., 4%; Kobe Steel Ltd., 4%; Mitsubishi | |||||||||||||
| Venezuela | Materials Corp., 3%; Mitsubishi Aluminum | ||||||||||||||
| Co. Ltd., 1%; and Marubeni Corp., 1%. | |||||||||||||||
| P.T. Indonesia Asahan | 225,000 | 133,000 | do. | February 1982 | October 1982 | Indonesian Government, 41% | Nippon Asahan Aluminium Co. Ltd. (a 13- | ||||||||
| Aluminum, | member Japanese consortium), 59%. | ||||||||||||||
| Indonesia | |||||||||||||||
| Boyne Island Smelter Ltd., | 260,000 | 130,000 | Thermal | do. | July 1982 | Comalco Ltd. of Australia, 59.5% | Sumitomo Light Metal Co. Ltd., 17%; Ryowa | ||||||||
| reduction lines 1, 2, | Development Pty. Ltd., 9.5%; YKK Aluminum | ||||||||||||||
| Australia | Pty. Ltd., 9.5%; and Sumitomo Chemical Co. | ||||||||||||||
| Ltd., 4.5%. | |||||||||||||||
| Boyne Island Smelter Ltd., | 230,000 | 94,000 | do. | July 1997 | October 1997 | Comalco Ltd. of Australia, 59.25% | Sumitomo Light Metal No. 2 Co. Pty. Ltd., 17%; | ||||||||
| reduction line 3, | Ryowa Development II Pty. Ltd., 14.25%; and | ||||||||||||||
| Australia | YKK Aluminium Pty. Ltd., 9.5%. | ||||||||||||||
| Alcoa of Australia Ltd., | 350,000 | 80,500 | do. | November 1986 | NA | Alcoa of Australia, 45%; Eastern | Marubeni Corp., 23%. | ||||||||
| Australia | Aluminum Co., 10%; China | ||||||||||||||
| International Trust & Investment | |||||||||||||||
| Corp., 22% | |||||||||||||||
| Aluminio Brasileiro S.A., | 400,000 | 196,000 | Hydro | July 1985 | November 1986 | Companhia Vale do Rio Doce, | Nippon Amazon Aluminum Co. (a 32-member | ||||||||
| Brazil | 51% | Japanese consortium), 49%. | |||||||||||||
| Mozambique Aluminum Co.,2 | 250,000 | 63,000 | do. | June 2000 | NA | Billiton plc, 47.11%; Industrial | Mitsubishi Corp., 25%. | ||||||||
| Mozambique | Development Corp. of South | ||||||||||||||
| Africa, 24.04%; Government of | |||||||||||||||
| Mozambique, 3.85% | |||||||||||||||
| Aluminerie Alouette Inc.,3 | 243,000 | 46,000 | do. | June 1992 | September 1992 | Alcan, 40%; Austria Metal AG, 20%; | Marubeni Corp., 6.67%. | ||||||||
| Canada | Hydro Aluminium, 20%; Societe Generale | ||||||||||||||
| de Financement du Duebec, 13.33% | |||||||||||||||
| NA not available. | |||||||||||||||
| 1The two smelters under Intalco Aluminum Corp. and Eastalco Aluminum Co. were acquired by Alcoa Inc. in July 1998. | |||||||||||||||
| 2Phase 2 will add an additional 253,000 metric tons per year (t/yr) of aluminum capacity by 2003. | |||||||||||||||
| 3Capacity will be expanded to 500,000 t/yr in fall 2005 from 243,000 t/yr. | |||||||||||||||
| Sources: Japan Aluminum Association, Japan Overseas Aluminun Smelting Projects; U.S. Geological Survey, Primary Aluminum Plants Worldwide—1998, Part I—Detail, p. 4, 22, and 155; Marubeni Corp. | |||||||||||||||