As the London Metal Exchange (LME) price of aluminium hovers at a one year low and major companies think about the next round of capacity closures, KAP, Montenegrin aluminium smelter, currently in bankruptcy continues to smelt away, seemingly calm about its prospects. With the cost of production at KAP certainly higher than $1800 given the electricity price it pays, KAP is either on the road to another bankruptcy or is receiving help from the government. Nadine Firth* spoke to Andrey Petrushinin** about these falling prices and the impact on KAP.