Analysis-New alumina supplies in 2025 poised to rupture record price rally By Reuters
By Amy Lv and Pratima Desai
BEIJING/LONDON (Reuters) – New capacity for converting bauxite into alumina due online next year is set to ease tight supplies and potentially halt a record-breaking price rally of the material used to make aluminium.
Higher alumina prices outside China have turned the top producer and consumer into a net exporter this year from a net importer and boosted prices of aluminium, which is used in the transportation, construction and packaging industries.
Disruptions in supplies of bauxite from Guinea and Brazil and output suspensions in Australia contributed to a 70% surge in alumina prices this year to a record 5,645 yuan ($779.77) per metric ton on the Shanghai Futures Exchange. Aluminium prices are up around…
