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Geopolitical tensions keep aluminium prices volatile, while long-term demand outlook remains firm
21 Jul 20263MINS
Primary AL
For much of 2026, aluminium prices have been driven more by geopolitics than by underlying demand. As tensions between the US and Iran intensified, fears of disrupted shipments through the Strait of Hormuz pushed LME aluminium higher, with prices rising to around a four-year high and reaching an intraday peak above USD 3,700 per tonne  The ceasefire eased those concerns, and the geopolitical risk premium quickly faded. LME aluminium prices corrected by more than 17 per cent to around USD 3,01 ...
Oceania's H1 2026 primary aluminium production rose 2.2% y-o-y to 943,000t as Q2 recovery offset weather-hit Q1
21 Jul 20265MINS
Primary AL
The first quarter of 2026 brought a temporary setback for Oceania's primary aluminium production, but it did not define the first half of the year. Although production declined from the last year Q4, due to upstream supply disruptions and seasonal operational factors, the region regained momentum in Q2, 2026 as output strengthened. Oceania's primary aluminium production rebounded in the second quarter of 2026, rising to 476,000 from 467,000 in the first quarter, representing a 1.9 per cent qu ...

21 Jul 20264MINS
Bauxite
Adani Group, Reliance Industries, Hindalco Industries, Vedanta Aluminium, Naveen Jindal-backed Powercem, and Coal India are among the companies interested in Odisha’s Karlapat-Pollingpadar bauxite block. They are seeking long-term supplies of this key raw material as they prepare for major aluminium capacity expansions.  Located in Kalahandi district, the Karlapat-Pollingpadar deposit is one of the largest virgin bauxite resources currently available for auction in India. It is among 11 virgi ...
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