Alcoa Inc. says the Yadkin River hydroelectric dams in North Carolina it's fighting to continue operating returned profits of nearly $8 million last year.
The company is releasing financial statements Friday. The profits are based on sales of $31 million.
Alcoa vice president Kevin Anton explained why the company is waging a determined fight with North Carolina officials for a renewed operating license of up to 50 years. He told The Associated Press the corporation sees itself as an energy company within the country's largest aluminum maker.
Alcoa also operates hydroelectric dams on the North Carolina-Tennessee border, Quebec, Brazil, and Central America.
State officials briefed by the company Thursday had no immediate comment.
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