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What makes aluminum scarce and prices skyrocket??

Aluminum prices hit 13-year high amid power shortage in China | Nikkei |

One of the challenges faced by the industry is rising energy prices. Before, aluminum smelters moved to Yunnan Province, where there are hydroelectric power stations, paid a so-called preferential price for power but now, the government is trying to stop attracting too many smelters to go to the Province and fewer smelters are benefiting from such low power costs. Other big consumers of power such as silicon and magnesium manufacturers are also expanding, further raising the risk of energy outages. 

Aldel largely shuts down production for 6 months due to high gas prices. Dismissals not excluded.

Dutch Producer Aldel Halts Primary Aluminium Production Due To High Electricity Prices | Aluminium Insider - Oct. 12, 2021 |

'Sapere aude'

by Oui (Oui) on Mon Oct 18th, 2021 at 02:03:28 PM EST
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