Posted on 08/10/2022 1:42:30 PM PDT by DFG
The second largest aluminum mill in the United States has idled operations, laying off about 600 American workers, due to “untenable” electricity and energy prices.
In June, Century Aluminum Co. executives announced that they would idle the Hawesville, Kentucky aluminum mill for about 9 to 12 months as a result of skyrocketing prices to merely keep the plant’s lights on.
Similarly, executives with two steel mills are suspending operations because they cannot afford the costs of energy to keep the plants open. This comes after executives warned federal regulators about debilitating energy prices months ago.
(Excerpt) Read more at breitbart.com ...
Thanks, Joe.
A good deal of aluminum in those e.v. batteries.
.... according to plan.
More To Come.
FJB and his band of Commie Rats will just nationalize the plants and keep them running.
Patience. The new anti-inflation bill will make everything right.
Isn’t the FJB Administration wonderful?
You can’t send our energy prices through the roof when you don’t have any protective tariffs.
Not that it was a good idea in the first place.
Isn’t aluminum used to can beer? Oh my goodness we’re doomed!
Just the tip of the ice burg with The Great Leap Forward.
Smelting Aluminum requires lots of energy. US had an advantage over cheap labor countries with cheap energy prices. That advantage is now gone.
I would like to know if these were union jobs.
They were American jobs. That’s what is important.
So much for the Navy’s ship building programs that need special aluminum panels.
More proof that:
The only good communists are dead communists...
Definitely. I just asked because of the slavish, rubber-stamp endorsement of the Democratic Party by the unions. Those very same politicians they support are making their members lose their jobs.
Alcoa, Tennessee is near TVA hydroelectric plants for a reason.
Wonder what that will do for scrap aluminum prices which is cheaper to reuse that new stuff.
At this rate we will have progressed straight back to the freaking stone age within a year.
Another democrat Biden blood stain they won’t be happy until America is dead and ready for rebirth their way.
American Marxism in action
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