Europe’s Largest Aluminum Smelter Trims Output After Power Spike
- France’s Dunkerque has halted 3% of its production capacity
- Further cuts likely to depend on energy prices, union says
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Aluminium Dunkerque Industries France has curbed production of the metal in the past two weeks in response to a surge in power prices, according to a labor union representative.
The cuts equate to about 3% of Aluminium Dunkerque’s production capacity, said union representative Laurent Geeraert. The plant has lost about 20 million euros ($22.6 million) since the beginning of November, and further curtailments may be necessary if power prices remain at sky-high levels, he said. A second person familiar with the operations confirmed the cuts.