Managing Resources for a Sustainable Future At Alcoa, we blend business perfor- mance with environmental, social,  and community leadership every day. Through a unique process that involved numerous governmental agencies, local communities, and environmental organizations, Alcoa enabled the con- tinuation of its Tapoco Hydropower Project in Tennessee and North  Carolina, while simultaneously  protecting the environment. preservation of more than 10,000 acres of land in the Great Smoky Mountains National Park through  a land exchange and conservation agreement. Major features of the  agreement include: Following legislation signed by U.S. President George W. Bush, Alcoa’s Tapoco Project and its four hydro- electric dams received a new 40-year license in exchange for Alcoa’s  • Preservation of Alcoa’s ability to generate power to support its  aluminum smelting operations  in Tennessee • Protection of 10,000 acres of pristine and ecologically significant lands adjoining the Great Smoky Moun- tains National Park and Cherokee National Forest • Protection of cultural resources  of historic importance to the region  and of tribal importance to the  Eastern Band of Cherokee Indians. • Enhanced recreational opportunities in a remote and primitive setting • Fish and wildlife habitat improve- ments to enhance species biodiversity, including the restora- tion of four, federally listed, endangered fish species • Restoration of flows in two  mountain rivers – the Cheoah and  Little Tennessee rivers Great Smoky Mountains  National Park Chilhowee Dam  and Powerhouse Calderwood Powerhouse Calderwood Dam C h i $_{l}$h o w e e $_{ }$R e s e r v o i r L it t l e T e n e s e R i v e r C h il h o w e R e s e rv o ir L i t l e T e n e s e R i v e r