Eyes on Iran
A fragile two-week ceasefire has been struck been struck between the US and Iran. But much damage has already been done in the six weeks since strikes began.
A fragile two-week ceasefire has been struck been struck between the US and Iran. But much damage has already been done in the six weeks since strikes began.
Rio Tinto's aluminum supply agreement with Prysmian highlights tightening redraw rod availability in North America as tariffs, smelter closures and cable demand reshape supply.
Chinese firm GCL is exploring a 3 milllion-ton-per-year aluminum smelter in Nigeria, but historical failures and questionable capex estimates raise doubts.
The Oklahoma aluminum smelter project backed by Emirates Global Aluminium and Century Aluminum appears to be advancing toward a power deal, though elevated electricity costs and high Midwest premiums continue to complicate the economics.
A look at Alcoa's idled US smelter and refinery sites shows how electricity economics and capital discipline are reshaping industrial redevelopment toward data center infrastructure.
Alcoa Corp. plans sell 10 of its closed or curtailed sites to one of the aluminum industry's biggest competitors for electricity: the data center industry.
The smelter had been the largest domestic source of high-purity primary aluminum used in aerospace and defense applications—arguably falling under the national security rationale of Section 232.
“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.
The smelter is expected to be fully ramped up by end of the year, the mining company said.
Non-residential construction indicators show how planning and backlog shaped aluminum demand heading into 2026.