BRIEF-Alcoa to close Point Henry aluminum smelter and rolling mills in Australia

Feb 17 (Reuters) - Alcoa Inc AA.N :

* To close Point Henry aluminum smelter and rolling mills in Australia

* Says the Point Henry smelter was placed under strategic review in February

2012

* Says comprehensive review found that the 50-year-old smelter has no prospect

of becoming financially viable

* Total 2014 restructuring-related charges associated with closures are

expected to be between $250 million and $270 million after-tax

* Says cash costs related to restructuring during 2014 are expected to total

approximately $160 million

* Portland aluminum smelter in Victoria "will continue normal operations"

* Says the closures will reduce Alcoa's global smelting capacity by 190,000

metric tons

* The closures will also reduce Alcoa's can sheet capacity by 200,000 metric

tons

* Says once Point Henry closure is complete, Alcoa will have total smelting

operating capacity of approximately 3,760,000 metric tons

* Source text for Eikon News Search ID:nBw1JBGr7a

* Further company coverage AA.N ((Bangalore Newsroom; +1 646 223 8780))