US Aluminum Smelter Idled Since 2024 to Restart as Trump Looks to Revive Industry


Aluminum prices are up about 3% this year after supply disruptions in the Middle East, a region accounting for nearly a 10th of global output, fueled a rally between March and May. On Tuesday, Alcoa Corp. announced plans to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion.



Source link

  • Related Posts

    Nara Smith reveals 2-year-old daughter was diagnosed with cancer

    Model and influencer Nara Smith revealed that her 2-year-old daughter, Whimsy Lou, has cancer. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading.…

    Lime and Bending Spoons stocks get post-IPO lift, General Mills tops Q4 estimates

    Market Domination Host Josh Lipton tracks several of the day’s top trending stock tickers, including Lime’s (LIME) stock rising after its IPO on Wednesday, Bending Spoons (BSP) shares surging after…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Sony announces end of PlayStation discs, parts of digital store in the same day

    Sony announces end of PlayStation discs, parts of digital store in the same day

    Israel kills three Palestinians in Gaza despite ‘ceasefire’ | Israel-Palestine conflict News

    Israel kills three Palestinians in Gaza despite ‘ceasefire’ | Israel-Palestine conflict News

    NYC police are bracing for July 4, World Cup action, searing heat — and maybe a pop star's wedding

    NYC police are bracing for July 4, World Cup action, searing heat — and maybe a pop star's wedding

    Quarterly credits and categories: What to know for Q3 2026

    Quarterly credits and categories: What to know for Q3 2026

    Moses Martin Makes His Modeling Debut in a Burberry Campaign

    Moses Martin Makes His Modeling Debut in a Burberry Campaign

    Nara Smith reveals 2-year-old daughter was diagnosed with cancer

    Nara Smith reveals 2-year-old daughter was diagnosed with cancer