Argentina's Aluar to resume remaining 25% restricted aluminium capacity

Argentinian aluminium producer Aluar will resume a quarter of its production capacity that has been restricted since the beginning of the Covid-19 pandemic after the federal government guaranteed power supply at lower costs, the company and the government said jointly on Wednesday October 13.

That will amount to 106,000 tonnes of aluminium and result in 600 new direct and indirect jobs, they said. Aluar makes primary ingot and extrusion billet.

The aluminium producer had previously said federal discounts to energy prices - a benefit from the government that was extended to December 31 from...

Published

Renato Rostás

October 18, 2021

20:38 GMT

São Paulo