Leading Slovak aluminium factory shuts down amid record electricity prices

Euractiv | Aug 23, 2022 at 8:37 AM
  • Slovak aluminium producer Slovalco will halt production until electricity prices reach affordable levels after the government refused to compensate for rising expenses.
  • It has warned that Slovakia and other European countries will have to increase the imports of “dirtier” aluminium from China.
  • Aluminium is a commodity of strategic importance, according to the European Commission, and the closure of the Slovalco factory could negatively affect already high construction material prices in Slovakia.