noranda aluminum

Executives with Noranda, the aluminum-smelting operation in southeast Missouri, are following through with their threats of cutbacks as a result of the Public Service Commission’s refusal to cut their electric bill.

Noranda now plans to lay off up to  200 workers over the next six months at its New Madrid plant, and is suspending its planned $30 million expansion project, said  chief executive Kip Smith at a news conference Tuesday.

File Photo / Ameren Missouri

The city of St. Louis is opposing a request by Noranda Aluminum for state regulators to lower the electricity rates it pays to Ameren Missouri.

An attorney for the city wrote to the Missouri Public Service Commission, saying that if Noranda's electric rates are lowered, it could result in higher costs for other consumers. City Counselor Michael Garvin says that it could cost St. Louis an additional $3 million over 10 years.

Noranda has sought about a 25 percent reduction in the rate Ameren charges at its aluminum smelter in the southeastern Missouri town of New Madrid.

File photo / KBIA

State utility regulators have publicly released a confidential report detailing how much money has been earned by Ameren Missouri.

The Missouri Public Service Commission decided Tuesday to unseal a November report that has been at the heart of a complaint. The complaint alleges the St. Louis-based electric company was earning more than it was allowed to.

The newly released documents also include testimony from utility regulation consultants hired by Noranda Aluminum, which is leading the challenge of Ameren's electricity rates.

Ron Dauphin / Flickr

Wal-Mart doesn't want Missouri's largest electric customer to get a lower utility bill from Ameren Missouri.

Noranda Aluminum Holding Corp. is seeking about a 25 percent reduction in the rate Ameren charges at its aluminum smelter in the southeastern Missouri town of New Madrid.

Wal-Mart filed a motion opposing the reduction Friday with the Missouri Public Service Commission, which regulates utilities.

File Photo / Ameren Missouri

Two separate complaints were filed by Noranda Aluminum against Ameren Missouri after data showed Ameren earned more than what the state allows.