首页|Further restarts in us unlikely; alumina prices to rise
Further restarts in us unlikely; alumina prices to rise
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NSTL
Turning to supply, Abare said production restarts in Brazil Turning to supply, Abare said production restarts in Brazil and U.S.-based facilities, due to the cessation of power problems in those countries, have added to supply. However, further restarts by producers in the Pacific Northwest of the U.S., particularly those with higher operating costs or ongoing financial difficulties, are unlikely to occur in the short term, said Abare. This is because the Bonneville Power Authority, the government agency that authorizes power contracts to the aluminum smelters, recently announced the possibility of withdrawing supply to the smelters altogether by 2006. "This prospect means companies will need to investigate sourcing power from the volatile open (power) market or smelter closure," said Abare.
NSTL
