Damco Aluminium Delfzijl Coöperatie U.A. (Aldel), a Dutch aluminum smelting operation based in Delfzijl, Netherlands, is preparing to cut 60 to 70 jobs due to reduced demand for aluminum in the industry, after the impact of the COVID-19 pandemic.
In addition, the aluminum plant is also challenged by high electricity prices and resulting, elevated production costs.
A company spokesperson confirmed that due to raised prices along with effects from the pandemic, Aldel is forced to make staffing changes which is expected to impact around 20pc of its workforce, media reports noted.
The smelter will negotiate with trade unions and the works council regarding future plans and hopes to have more clarity on the matter by early 2021.
Aldel has the capacity at its plant to produce more than 150,000mt of extrusion billets and rolling ingots per year. The company is also highly involved in balancing the Dutch energy grid, which is a vital part of the rising renewable energy mix.