Norsk Hydro may shut aluminium plant in Slovakia without CO2 compensation

Norsk Hydro may have to close its majority-owned primary aluminium plant in Slovakia unless the government there provides financial help through the carbon compensation scheme, the Norwegian company told Reuters. Analysts estimate European aluminium smelters have cut an annualised 800,000 to 900,000 tonnes of output in recent months due to record high power prices. This…

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