German aluminum smelter considers halving output on energy costs
Speira, which was part of Norsk Hydro’s aluminum business before being sold to KPS Capital, can produce about 160,000 tonnes of aluminum at its plant in Neuss.
Australian miner posted a slight increase in half-year profit, and said a strong recovery in demand for key commodities outside China early this year has put the company on track for solid growth.
The purchasers had accused banks and commodity trading, mining and metals warehousing companies of conspiring to hoard aluminum when prices were low roughly a decade ago.