China Aluminum Q1 Net Profit Expected to Increase 50% to 58% YoY, Reaching Historic Best for the Period | Cailian Press
Wallstreetcn·- On April 8, 2026, China Aluminum announced a projected net profit of 5.302 to 5.585 billion yuan for Q1, a year-on-year increase of 50% to 58%, marking the highest level historically for the same period. - The company's performance benefits from improved production efficiency and cost control, with utilization rates markedly reducing marginal costs. - Additionally, the increase in self-mining rates enhances bargaining power for raw materials, decreasing procurement costs and mitigating supply chain risks amid a tightening global resource competition.Middle East's Largest Aluminum Producer: Abu Dhabi Smelter May Take a Year to Fully Recover Capacity
Wallstreetcn·- The global aluminum market is facing significant supply disruptions due to an attack on Emirates Global Aluminium's Abu Dhabi facility, which may take up to 12 months to fully recover. - The attack has resulted in over a 10% increase in aluminum prices on the London Metal Exchange since the onset of the Iran conflict, compounded by already low global inventory levels. - Additional damage from a similar attack on Aluminium Bahrain's facility adds to concerns about supply, leading to heightened market apprehension regarding future aluminum availability.With the closure of the Hormuz Strait, the world's largest aluminum plant can no longer hold on
Wallstreetcn·- Aluminium Bahrain BSC (Alba) has begun phased shutdowns of three production lines, affecting 19% of its total capacity due to disrupted shipping in the Strait of Hormuz. - The shutdown aims to ensure operational stability and optimize existing raw material inventory usage amid an ongoing supply chain crisis affecting the entire Middle East aluminum industry. - Alba is exploring alternative supply channels as a proactive measure while managing operational capital and signaling that the production cuts are reversible once the supply chain issues are resolved."Critical point" approaching! JP Morgan: The chaos in the Middle East has caused a substantial supply shock, and aluminum prices are aiming for $4,000!
Wallstreetcn·- The Middle East conflict has entered its seventh day, severely impacting the global aluminum market with major smelters announcing production halts due to disruptions in the Strait of Hormuz. - JPMorgan identifies the situation as a critical supply-driven event horizon, predicting aluminum prices could surge towards $4,000 per ton if production cuts persist. - By March 6, LME aluminum prices rose to $3,313 per ton, marking the highest level since 2022, amidst forecasts of increasing supply gaps and tightening inventory conditions.Aluminum prices soar to a new high since 2022, Bahrain Aluminum suspends partial deliveries citing force majeure
Wallstreetcn·- The conflict between the U.S. and Iran has disrupted the global aluminum market, with the blockage of the Strait of Hormuz causing a supply chain crisis and warnings of potential large-scale force majeure declarations. - Aluminium Bahrain BSC (Alba) has invoked force majeure clauses due to this disruption, leading to a 4% rise in London aluminum prices, the highest since November 2024. - As a major supplier in the region, Alba's shipping capabilities have been directly impacted, with manufacturers facing potential supply shortages in Europe, Asia, and the U.S. due to ongoing logistical challenges.