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Upstream weekly: From supply crunch to decarbonisation, key moves in the aluminium value chain
26 Sep 202511MINS
Alumina
The global aluminium industry is at a crucial turning point as the surge in demand driven by the clean energy transition meets the urgent need to decarbonise a sector known for its high energy consumption. From new smelter projects popping up in Asia to the shifting supply-demand balance in China, E ...
3.4% drop: Alcoa’s stock does not agree with CEO Bill Oplinger’s caution
26 Sep 20252MINS
Primary AL
Alcoa’s stock came under pressure on Tuesday after Chief Executive William (Bill) F. Oplinger alerted that President Donald Trump’s steep tariff regime risks making aluminium prohibitively expensive and deflating demand for domestically produced steel and aluminium. Shares of the Pittsburgh-headquar ...

26 Sep 20258MINS
Recycled AL
After the pandemic in 2020 and early 2021, global aluminium demand has made a strong comeback and is now on a steady growth trajectory. According to industry data, total global consumption hit 97.6 million tonnes in 2023 and is projected to rise to 100.8 million tonnes in 2024, primarily driven by t ...
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