Brazil's aluminium producer CBA joins state power rationing program

September 17, 2021 / www.metalbulletin.com / Article Link

Brazilian aluminium producer Companhia Brasileira de Alum?-nio (CBA) has decided to join a federal government initiative to reduce power demand in the country, the company said on Thursday September 16.

Adhering to this program will not affect production, however, CBA said. It will adjust consumption hours during the day to a schedule yet to be defined by the country's national electric system operator, ONS.
Brazil is going through one of its worst ever droughts, with subsequent risks to the generation of hydro-electric power. According to a survey published in August by the mines and energy ministry, MME, 82.9% of the country's electricity comes from hydro plants.

Data from ONS showed that water reservoirs were currently at less than 20% capacity in...

Recent News

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com

Gold stocks down on metal drop

April 28, 2025 / www.canadianminingreport.com

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok