26.0% chaos — simmering
power moves
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Europe Loses Top Aluminum Supplier With Mozambique Smelter Idled
What happened
South32 Ltd. idled its Mozambican aluminum smelter, Europe’s biggest source of the metal, after talks failed to secure an affordable power supply deal beyond this month, tightening global supplies just as the Iran war prompted Bahrain to curtail output at the world’s biggest facility.
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Being covered by: Bloomberg.
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