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Indonesia’s rising aluminium output threatens the $3,000 price outlook for 2026
29 Nov 20253MINS
Primary AL
JPMorgan expects aluminium price may get close to USD 3,000 per tonne in early 2026, helped by stronger copper prices and a market that, for now, looks reasonably tight. But several analysts say the outlook becomes much less straightforward once Indonesia’s new supply starts landing, and that may ha ...
Indonesia's Ministry of Industry seeks HGBT inclusion for the aluminium sector to accelerate downstreaming
29 Nov 20253MINS
Primary AL
JAKARTA, November 2025 - The Ministry of Industry (Kemenperin) has formally proposed extending the Harga Gas Bumi Tertentu (HGBT) scheme priced at USD 6–7 per MMBTU to the aluminium industry. Currently, the subsidised rate is limited to seven sectors: fertiliser, petrochemical, oleochemical, steel, ...

28 Nov 20255MINS
Primary AL
The aluminium sector across Africa and Asia (excluding China) has been gathering strength for three years now, and the momentum has carried cleanly into 2025. Over the first nine months of the year, the two regions produced 4.84 million tonnes of primary aluminium, supported by steady monthly output ...
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