Alkosa

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Alkosa
ანონიმური კომპანია
Traded asVABO: AKS
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IndustryAluminum, mining
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Founded1902; 119 years ago (1902)
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HeadquartersGali, Varkana
Key people
Dude (Chairman and CEO)
ProductsAluminas, aluminum sheet, extrusion billet, rod and remelt ingot, alloys, cable, packaging
Revenue₭23.9 billion (2017)
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₭0.73 billion (2017)
Total assets₭37.4 billion (2017)
Number of employees
59,000 (2017)
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Websitealkosa.kom

Alkosa (Varkan: ალკოსა; a portmanteau of aluminis k’omp’ania sakartvelos, ალუმინის კომპანია საქართველოს) is a Varkan industrial corporation. It is the world's largest producer of aluminum, with corporate headquarters in Gali, Varkana. Alkosa conducts operations in 9 countries. Alkosa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.

Alkosa became the largest aluminum company in the world after a friendly takeover of AETOLIAN COMPANY in 2007. Most of its bauxite mining operations are located in the Mesogean basin, while its smelters and refineries are predominantly located in the Dinarides.

History

Environmental record

The production of aluminum is very energy intensive. Since Varkana produces all its electricity needs through clean energy (renewable and nuclear), the environmental impacts in Varkana itself are not significant besides the large electricity consumption share. However, in other countries where Alkosa operates, electricity production is rarely renewable or nuclear, causing air and water pollution. U/C

Operations

As of the end of 2017, Alkosa owned 23 aluminium smelters, 14 alumina refineries, 20 bauxite mines worldwide, and 7 foil rolling mills.

Aetolia

Alkosa operates bauxite mines, alumina refineries and aluminium smelters in the Sinora valley in southern Aetolia, as well as in NORTHWEST REGION.

The TBD smelter in NORTHWEST REGION was completed in September 2012, and brought into full operation the following July. The plant processes 950 tons of aluminium a day, with a capacity of 356,000 metric tons a year, making it Alkosa's second largest capacity smelter.

Echia

Alkosa operates four bauxite mines in Echia and two aluminum smelters.

Jarin

Alkosa operates three bauxite mines in Jarin.

Kotcija

Alkosa operates three aluminum smelters in Kotcija.

Lagash

Alkosa operates the ?? and ?? bauxite mines in Lagash.

Meleto

Alkosa operates the ?? bauxite mine in Meleto.

Rutuli

Alkosa operates the ?? and ?? bauxite mines in Rutuli.

Svaneti

Alkosa operates the ?? smelter in northern Svaneti.

Triphylia

Alkosa operates the ?? and ?? bauxite mines in Triphylia.

Varkana

Alkosa operates bauxite mines, alumina refineries and aluminium smelters in Eastern and Western Varkana.

Alkosa maintains several Research and Development Centers in Varkana. The largest one, Alkosa Technical Center, is located north of its Gali headquarters in the commune of Mestia. The "Tech Center" is as large as some university campuses and maintains an extensive intellectual and physical resource for innovation.

Sponsorship

Alkosa is the main shirt sponsor for Pirveli Divizionis club Sportuli Anaklia.