(Reuters) - Alcoa Inc
The changes, which should be complete by the end of September, are part of a review announced in May amid a tough market for aluminum.
Alcoa said it is temporarily stopping production at smelters in Brazil that have annual capacity of about 124,000 tonnes, and will permanently close a 40,000 tonne potline at its Massena East plant. Massena East's current capacity is about 125,000 tonnes per year.
The company expects to take between $5 million and $10 million in after-tax restructuring charges in the third quarter, or about 1 cent a share, of which about half will be non-cash.
Alcoa said in May that it would review 460,000 tonnes, or about 11 percent, of its smelting capacity. In May it announced closures at its Baie-Comeau smelter in Quebec, and said it would delay the construction of a new potline there.
After the latest closures and curtailments, about 16 percent of its capacity will be sitting idle.
(Reporting by Allison Martell; Editing by Gerald E. McCormick and Chris Reese)