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Alcoa to receive EUR 16.6m for indirect CO2 costs

The General Directorate of Industrial Programmes of the Spanish Ministry of Industry and Tourism has approved the provisional resolution of subsidies for the 2025 financial year aimed at compensating for indirect emission costs. Alcoa will receive a total of EUR 16,631,065, of which EUR 12,905,780 corresponds to Aluminio Español in San Cibrao and EUR 3,725,285 to Alúmina Española in A Mariña lucense.

By aluminio.ar · Based on reporting by La Voz de Galicia

Illustration: Alcoa to receive EUR 16.6m for indirect CO2 costs
AI-generated image

What you need to know

  1. Aluminio Español received a maximum possible subsidy of EUR 15,558,284 for its San Cibrao plant.
  2. Alúmina Española had a subsidised cap of EUR 4,490,936 for the refinery.
  3. The Government granted Aluminio Español aid of EUR 40.4 million from the PERTE for decarbonisation destined for an anode baking furnace.
Read the full story on La Voz de Galicia aluminio.ar’s own summary, written with the help of artificial intelligence, checked against the source and translated into English. The full content and its rights belong to the original outlet.
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