Alcoa to close two plants in Spain
High cost of energy to blame
“Alcoa’s Spanish power costs could lead to closures” (unless subsidies are granted)
See the article: Spanish power costs
A Spanish news media puts it this way: “El cierre de Alcoa en España levanta a la industria contra el alto coste de la energía”
Translation: the closure of Alcoa in Spain causes the industrial sector to stand up against the high cost of energy.
In the article we read: “[Alcoa] ha anunciado un despido colectivo que supone, de hecho, el cierre de dos de sus seis fábricas en España, la de Avilés (Asturias) y A Coruña.”
Translation: [Alcoa] has announced a cut in its workforce which means, effectively, the closure of two of its six plants (in Spain), those of Avilés (Asturias) and La Coruña [Galicia].”
El cierre de Alcoa en España
The protests were shown on Spanish television last night, and mentioned in the regional newspaper La Voz de Galicia But as usual, the Spanish media WON’T mention the high cost of renewable energy, responsible for this new fiasco… Obfuscation reigns supreme, and the blame will be put on the usual suspects: multinational corporations, energy companies, capitalism…
Alcoa has closed other plants in Australia and Italy: countries with costly renewable energy can’t compete with China’s expanding aluminum industry, fuelled by cheap, abundant coal energy. See: Reuters on Alcoa Australia
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