Citi has raised its LME aluminium 0–3 month price ​target to $3,600 a metric ton, up from $3,400/t, and said prices could ...
Alba, home to one of the world’s largest aluminium smelters, can’t ship as the Strait of Hormuz remains effectively shut.
Aluminium Bahrain , which runs one of the world's biggest smelters, warned customers on ‌Wednesday it had halted shipments due to the widening Middle East conflict, exacerbating supply concerns after ...
Analysts at Goldman Sachs said prices could hit as high as $3,600 a tonne if production in the region was lost for a month.
Aluminum prices surged as much as 5% on the London Metal Exchange to the highest since 2022 after Aluminium Bahrain suspended deliveries of metal under force majeure.
In addition, Alba announced the promotion of two Bahraini nationals to Senior Manager roles, reinforcing the depth of ...
LONDON: Aluminium prices hit their highest in nearly four years on Wednesday after Aluminium Bahrain (Alba) stopped shipments, deepening worries about the impact of the Middle East conflict on ...
The aluminum production plant in France currently is owned by an American investment fund and before that was in the GFG Alliance portfolio.
The Strait of Hormuz, beyond its role in global oil and gas trade, is crucial for aluminium exports from the Gulf. With escalating tensions in the region, the aluminium market faces supply disruptions ...
“Extended disruption in the Strait would simultaneously choke alumina inflows and aluminium exports for Middle Eastern ...
The Iran conflict boosts coal, aluminium, and gold prices, with gold potentially reaching $5,600/oz amid geopolitical tensions.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership ...