Rio Tinto has formally complained of Landsvirkjun - the energy supplier to its ISAL aluminium smelter - abusing its market dominance in Iceland and threatened to close the plant entirely if the alleged anti-competitive conduct does not end, it said.
The complaint, lodged by the company to the Icelandic Competition Authority (ICA) against state-owned generator Landsvirkjun, marks the end of the first stage of a strategic review of the future viability of the 210,000-tonne-per-year capacity plant."If Landsvirkjun does not address its abusive conduct, ISAL will have no choice but to consider termination of its...