The aluminum industry is notorious for having incredibly high energy requirements, and being price sensitive to changes in energy contracts. The economics behind smelters are challenging and at an unimaginable scale. Having an electricity interruption of more than a handful of hours can cause the aluminum in-process to solidify, causing tens of millions of dollars in damage to the smelter and requiring months to fix. This paper [2] describes a framework for making decisions to enter/exit a market based on variability of inputs, investment required to exit/enter, etc. While the example in the paper is focused around renewable energy, it can be applied to other types of facilities. We covered this paper for about 2 weeks during undergrad, which at the time was painful, but it was one of the most interesting papers and concepts I've read.
A great video outlining the refining process is available in [3]. Having worked there, I promise the safety at Alcoa is now far superior to what's shown in the video. Paul O'Neill hadn't become CEO yet [4].
[1] https://www.apple.com/newsroom/2018/05/apple-paves-the-way-f...
[2] https://www.imse.iastate.edu/wp-content/blogs.dir/16/files/2...
[3] https://www.youtube.com/watch?v=J5wPJp-hasU
[4] https://www.forbes.com/sites/roddwagner/2019/01/22/have-we-l...