Job cuts cast doubt over future of aluminium smelters

Job cuts cast doubt over future of aluminium smelters

The CEO’s comments also comes after concerns about the future of the aluminium smelters at Marikana were discussed with President Jacob Zuma during an economic forum in New York last week, but the president opted against taking any action.

Mr Zuma sa우리카지노ys the smelter closures will not affect jobs but he is concerned about the impacts on his reputation and what it might mean for his ability to sell himself to voters.

“We have to think about whether there is a negative message of that바카라 kind,” he told Reuters.

Analysts have predicted that some jobs at the companies will remain at Marikana and the mines are still processing a large amount of ore for Chinese-supplied alumin바카라사이트ium.

The Marikana mine, which has been shut for many years, has the capacity to process 400 tonnes of aluminium a day while at Marikana’s sister mine M-2, the production capacity will increase to 500 tonnes.

Aluminium and coal prices have soared over the past three months as China’s energy mix and increasing international demand make it more attractive to consumers worldwide.

Aluminium futures were up 0.9 per cent in extended trading to US$30.26 per tonne from the week before, with the market’s appetite for aluminium being driven by the prospect of stronger prices in the coming months.

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