Deal between Indonesian state miners could terminate a contract to build an alumina smelter with its engineering, procurement, and construction contractor, due to lack of progress.
Europe's power crisis, production cuts and shortages of aluminum have left consumers in a quandary about Russian supplies of the metal vital for the region's transport, construction and packaging industries.
Proposals to soften the impact of surging power prices will not shield metals producers from further production cuts and job losses, industry groups say.
The European Commission's focus on future-looking metals seems to have blind-sided it to the older metals that are also required to decarbonize, writes Andy Home.
Zinc, aluminum and silicon production cuts have already left consumers in the Europe's steel, auto and construction industries facing severe shortages.