Tag: Primary aluminum

Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.

The first half of 2026 has been turbulent for the aluminum market, with the Iran war sparking the largest supply shock in the history of the industry, CRU Group said.

Additional attacks on commercial shipping, renewed US military operations and a resumed naval blockade coincided with aluminum prices recovering from early July lows.

Aluminum prices retreated as markets priced a return to Middle East stability, but shipping attacks, military strikes and LME indicators suggest that assumption may have outpaced events.

The Inola Town Council approved a 60-day moratorium that temporarily pauses development actions affecting the proposed EGA-Century Aluminum smelter while officials review legal and zoning options.

EGA reported progress restoring its Al Taweelah complex while US import data highlighted changing aluminum trade flows following the regional conflict.

Markets were somewhat adrift this past holiday-shortened week as there was not much meaningful news to go by.

Magnitude 7 Metals plans to restart one potline at its idled Missouri primary aluminum smelter before the end of 2026, returning 75,000 metric tons per year of production after more than two years offline.

Alcoa agreed to acquire South32’s bauxite, alumina and aluminum assets, adding major operations in Australia, Brazil and South Africa while increasing its upstream production footprint.

LME aluminum market participants broadly reduced long and short positions during June as prices retreated, although longer-term participation trends remained relatively unchanged.