LONDON - Soaring electricity prices in Europe have triggered cuts in the energy-intensive production of aluminium.
Europe's aluminium output capacity is around 4.5 million tonnes. Of that, about 1 million tonnes has been taken offline since 2021 and another 500,000 tonnes is under threat, analysts at Citi say.
Following is a list of smelters that have cut production.
Source: Companies, Macquarie, Citi
COMPANY SMELTER COUNTRY ANNUAL OUTPUT CUTS
CAPACITY ANNOUNCED
(TONNES)
Alcoa San Spain 228,000 Stopped producing
Ciprian in December 2021
Aloft Delfzijl Holland 110,000 Stopped producing
Holdings in October 2021
(ALDEL)
ALRO Slatina Romania 265,000 Cut production by
60% at the start of
2022
Liberty Dunkirk France 285,000 Cut production by
House 15% in January 2022
Norsk Slovalco Slovakia 175,000 Will stop producing
Hydro in September 2022
Talum Talum Slovenia 84,000 Said in August 2022
was operating at
20% capacity
[L8N3003RL]
TRIMET Essen Germany 165,000 Cut production by
50% in March 2022
TRIMET Hamburg Germany 135,000 Cut production by
30% in October 2021
TRIMET Voerde Germany 95,000 Cut production by
30% in October 2021
UNIPROM Podgorica Montenegro 61,000 Stopped producing
in December 2021
