18 JULY 2024AlCircle.com
May 2024: Higher profitability due to price surge strengthens primary aluminium production in Europe
Edited by : Debanjali Sengupta
2 min read
In May 2024, upstream aluminium production (primary metal and alumina) scaled up across Europe, driven by higher profitability for producers due to increased aluminium prices. Throughout May, the aluminium benchmark price on the London Metal Exchange rallied by 5.19 per cent, reaching US$2,677 per tonne from US$2,545 per tonne on April 30.
Overview of primary aluminium production
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