In the midst of tension over the closure of FATE, the Government rejected a request from Aluar to charge tariffs on Chinese aluminum
The Argentine government has denied Aluar's request to extend anti-dumping duties on Chinese aluminum imports amid tensions following the closure of FATE.
The Government lifted an anti-dumping measure for steel, despite Aluar's request
The Argentine government abolished an anti-dumping measure on aluminum imports from China, ignoring a request from Aluar.
After the closure of FATE, its controlling company will install Chinese batteries on the same site to avoid power outages
After the closure of the FATE tire factory, its controlling company, Aluar, will use part of the site in San Fernando, Buenos Aires, to set up a Chinese battery park to store electricity and prevent summer power outages.
Fate sold a portion of its plant land to Aluar: a revenue of US$ 27 million to help pay compensations
Fate has sold a portion of its land to Aluar for US$ 27 million amidst the closure of its San Fernando plant, impacting 920 employees.
Fate sells part of its property to Aluar for US$27 million
Fate has sold 12.7 hectares of its property to Aluar for US$27 million amid the closure of its factory in San Fernando and the layoff of 920 workers.
God, the Devil, and the Details in the Agreement with the United States
The aluminum plant Aluar in Puerto Madryn manages to continue exporting 50% of its aluminum production to the U.S. despite a 50% tariff through creative cost distribution and strategic partnerships.