A compressed block of aluminium cans is pictured at a metal recycling facility in Sydney
A compressed block of aluminium cans is pictured at a metal recycling facility in Sydney, February 18, 2014. Aluminium producer Alcoa Inc said it will close its Point Henry smelter and two rolling mills in Australia, underscoring the dire market conditions facing producers amid a flood of new Chinese capacity. REUTERS/Jason Reed (AUSTRALIA - Tags: BUSINESS ENERGY)