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Alcoa shares drop 30% as aluminium market cools on Middle East supply hopes
Primary AL
Alcoa shares (ASX: AAI) have come under pressure, dropping 30 per cent over the past three weeks as aluminium prices softened on expectations that supply disruptions owing to the Middle East conflict may gradually ease. On Tuesday, Alcoa's Australian-listed shares fell 4.17 per cent to close at AUD 80.42 (USD 55.48), wiping out the gains reported earlier in 2026. The decline remained at par with another weak session for aluminium on the London Metal Exchange (LME), whereby the aluminium cash ...
Gulf aluminium producers accelerate overseas acquisitions amid geopolitical and supply chain risks
Primary AL
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz highlight the vulnerability of regional supply chains. Gulf producers currently account for close to 10 per cent of global aluminium output. The expansion drive also coincides with expectations of rising g ...

Primary AL
The global aluminium industry is entering a phase where the biggest concern is no longer just building more smelters or expanding downstream demand. Across Asia, Europe, the Middle East and the Americas, the focus is increasingly shifting toward securing stable supplies of bauxite and alumina as geopolitical tensions, trade measures and energy disruptions continue reshaping global supply chains. Governments are accelerating mining investments, producers are expanding refining and smelting cap ...
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