Fire at PCCBakke silicon smelter closes furnace

There was a fire at PCCBakke silicon smelter on July 9. The company said damages were not significant but the only operating furnace was closed.  The fire raised questions about silicon smelters in Iceland, especially after the problems with United Silicon.

Also, speculation is that Arion Bank, the owner by default of United Silicon, is only fixing up and restarting the smelter to make it more saleable.

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