The ENAL Newsletter News Page

Wednesday, May 20, 2009

Despite the general investment slow down, some good news.

Whether this smelter (scroll down) will or won’t obtain a better energy contract will give a signal on the US Administration’s views on primary aluminum. Work on this smelter is now in progress, and the technology supplier is also providing financing under extremely favorable conditions. Meanwhile, all investments in primary aluminum and related supplies are delayed, cancelled or slowing down. Here is the complete list since early 2009. But there is light at the end of the tunnel: One of the major aluminum producers, which is not paralyzed by debt, (scroll down) is reviving an old greenfield project. and This full-scale pilot smelter greenfield, which will demonstrate the highest electrical intensity yet, obtains some extra Government financing to go ahead.

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Since 1991 ENAL has operated a Delphi Panel of Experts participating as Panelists, to forecast future investments. The ENAL Newsletter is possible thanks to this panel.