Aldel is halting production of primary aluminium due to the current high electricity prices, the Dutch firm's chief executive said on Friday.
CEO Chris McNamee told Reuters its plant in Delfzijl, Netherlands, is winding down production now and will be idled from Monday until at least early 2022.
"We've got a squeeze on us now because we're not hedged, and we're not hedged because the Dutch government isn't giving us visibility on a level playing field," CEO Chris McNamee said.
