Premiums for consumers buying aluminium on the physical market in the US have hit record highs, driven by steep import tariffs and tight supplies globally.
Similarly, the delivery of rail wagons is also scheduled for the first quarter of 2026 in line with the planned first shipment of bauxite ore in the second quarter.
OYAK Group’s alumina giant Almatis, acquired in 2015, is establishing its fourth manufacturing facility in China as part of its global expansion strategy.
Rio Tinto warned on Tuesday that Australia's largest aluminium smelter, Tomago, may be forced to shut down as it struggles to source power at commercially viable rates beyond 2028 when its current power deal expires.