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(AMM) Aluminum tight on Venezuela unrest
February 11, 2011 - 21:33 GMT
Primary aluminum production at Venezuela's two state-owned producers has been hit hard by weeks of labor protests, sources said, disrupting shipments to South America and intensifying concerns about metal availability in parts of the United States and Mexico.
Union workers have been blockading entrances at CVG Alcasa
for weeks, disrupting operations at the 200,000-tonne-per-year
smelter, according to official government news reports. Fewer
than 200 of the 680 electrolytic cells at Alcasa have been
At CVG Venalum, which has a nameplate capacity of 440,000
tonnes per year, the blockades started just days ago but the
impact has already been significant, according to a union
"We have been producing at some 20 to 30 percent of our
capacity, but today we will decrease this to 10 percent,"
Gerardo Jos? P?rez, general secretary of Sutralum, one of the
company's two unions, told AMM sister publication Metal
Bulletin on Friday. Only...
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