Aluminium surges above US $3,000/t, first time since 2022 – 3 December 2026
Global aluminium prices climbed above USD 3,000 per tonne on 2–3 Jan 2026, driven by tightening supply outlooks and strong long-term demand expectations worldwide.
👉 Source: The Edge Singapore report — Aluminium hits US$3,000 for first time since 2022 on supply concern The Edge Singapore
Summary :
The main union at a Capstone Copper Corp-operated mine in northern Chile began a strike on Friday as members push for a bigger share of the windfall from the record prices.
The red metal was 0.4% higher to close at US$12,469.50 a ton on the LME. Aluminium rose 0.7% to US$3,015.50, a third consecutive gain. Nickel climbed 1% after capping the biggest monthly increase in December since April 2024.
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