A recent AlCircle piece highlights that over H1 2025, aluminium and alumina output in regions like Oceania declined (−1.8% and −2.4% YoY). Rising energy costs and aging infrastructure weigh on new growth.
👉 Source: AlCircle

Summary:

Price, policy, and projects – the three Ps – have defined the pulse of the global upstream aluminium industry this week. The sector has been abuzz with record-high prices on the London Metal Exchange, strategic investments in bauxite projects, and reports of a potential full-scale restart of a major US-based smelter. Adding to the flurry, strategic acquisition involving a Brazil-headquartered firm has further intensified the global dynamics of the upstream industry. Meanwhile, renewed discussions among world leaders on bilateral trade measures like tariffs and free trade agreement have made this week the most consequential for the industry.

Article Link :

https://www.alcircle.com/news/a-weak-of-highs-for-the-upstream-aluminium-industry-prices-policies-and-projects-take-the-centre-stage-115797