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Alcoa Demands Stability in Energy Prices While Workers Claim the Anode Furnace

Summary by Galiciapress
The Commission for the Monitoring of the Feasibility Agreement for Cervo's Aluminium Plant met for the first time in Galicia, after 14 months without being concluded, with tension between the company's outstanding commitments and the urgency of the Works Council.
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Alcoa needs a ‘competitive and stable’ electric price for San Cibrao to survive in 2027. Without it, Lugo’s aluminium plant will not stop bleeding money. That is the demand that the multinational has put on the table at the last meeting of the commission to follow up the viability agreement, held this Wednesday at the Government Delegation in Galicia, in A Coruña. The meeting, which lasted more than two hours, brought together the Secretary of S…

Alcoa has demanded a "competitive and stable" electric price in view of its objective of operating "no losses for 2027" in the aluminium plant of San Cibrao, in Cervo (Lugo), while the company committee has asked for investment and "concrete dates" on the construction of the furnace of anode cooking. In turn, central government and Xunta see progress after meeting the Commission of Follow-up to the Agreement of Feasibility of the said plant.

Industry puts at your disposal additional instruments to the subsidy of 40 million of the Perte. The firm says its objective is to operate without losses in 2027. Lorenzana asks to call the permits of the wind

The Commission for the Monitoring of the Feasibility Agreement for Cervo's Aluminium Plant met for the first time in Galicia, after 14 months without being concluded, with tension between the company's outstanding commitments and the urgency of the Works Council.

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Galiciapress broke the news on Friday, May 15, 2026.
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