Rusal Pangkas Output Aluminium Primer pada 2025, Sambil Meningkatkan Produksi Alumina dan Bauksit

[SMM Aluminum Express News] Alcoa has agreed to acquire most of South32’s bauxite, alumina, and aluminum assets for an upfront consideration of US$4.1 billion in cash and stock, with potential contingent payments of up to US$750 million linked to future alumina and aluminum prices. The transaction includes South32’s interests in Worsley Alumina (Australia), Hillside Aluminium (South Africa), and bauxite, alumina, and aluminum operations in Brazil, but excludes the idled Mozal smelter in Mozambique. Alcoa expects approximately US$900 million in synergies and believes the acquisition will strengthen its position as a leading pure-play upstream aluminum producer. The deal is expected to close in H1 2027.

[Mideast Situation Adds New Uncertainties, Aluminum Prices Continue in the Doldrums] The dispute over control of the Strait of Hormuz persists, and the resumption of navigation through the strait remains uncertain. The hawkish shift by the US Fed has boosted the US dollar index, weighing on nonferrous metal prices. Under macro headwinds, aluminum prices in and outside China have fallen. In the short term, bearish factors dominate, and aluminum prices are expected to continue in the doldrums.

Pada 2026, stok ingot aluminium Tiongkok terus menurun dari level tertinggi 1,465 ribu metrik ton pada awal Mei, dan pada akhir Juni penurunan stok kumulatif sebesar 300.000 metrik ton membawanya ke 1,165 ribu metrik ton, dengan laju penurunan yang semakin tajam. Minggu lalu, penarikan dari gudang melonjak ke 170.000 metrik ton, mencetak rekor tertinggi mingguan baru dalam hampir empat tahun. Didorong oleh tiga faktor—proporsi aluminium cair di sisi pasokan yang meningkat lebih dari perkiraan, permintaan ekspor yang mendukung, dan...