Decarbonization

January 20, 2026
LME high grade aluminum: How high is high in a post-China cost curve?
Written by Greg Wittbecker
The London Metal Exchange (LME) cash settlement has recently traded to $3,220 per metric ton ($/t), and forecasts from some analysts predict prices reaching $4,000/t, with 2026 averaging well into the $3000s.
What’s driving this meteoric rise, and is it sustainable?


