Even at the initial price, (the electricity cost) is way higher than the global average. Then you throw the new cost on top of it and that's why it got curtailed. |
I can assure you in other parts of the world we don't pay $41 an hour. |
I don't think the economic minister would have happened to be in Pittsburgh. |
If there's a work stoppage, we plan to run the plants. Each of the 15 locations has a big contingency plan. |
It is one of the options. It is at a very early stage. Obviously, the cost feasibility of it is one of the aspects that needs to be ironed out as does the environmental feasibility. |
Our hope is that we will be able to reach an agreement that will be fair to employees and allow our facilities to continue to operate in a competitive market. |
Our roots are here. We're not going anywhere. |
The days of people going to work for a company and staying there forever are over. |
The legal definition is where your principal office is. So we are now in line with what took place five years ago. |
There are other avenues to source bauxite, from other areas of the world, in the event the strike may go on. |
There is a crew working at CBG doing some loading and preparing of shipments. So, there are still crews of people working there right now. |
This change is three words on a piece of paper that happened five years ago. ...We've got our base here (in Pittsburgh), our corporate offices are here, our technical center is here, we have thousands of employees here. It is just some kind of a logistical thing. |
We continue to have the same level of employment here. |
We do that as another part of making sure director interests are aligned with shareholders. The best way to do that is to make sure they are shareholders. |
We have people who, right now, are meeting with people in the government and union officials to try to get a better understanding of how long this thing might last. |