Couldnt agree more Ash, i dont think the world understands the consequence of what has gone on in europe and with the aluminium smelters closing down, its a big deal.
The big europen metals company is trying to re establish their business in india, and thats if they can get it going too.
It will take some time for the supply shock to filter through.
China so far has picked up the slack for this supply and they are not bringing on any further supply, due to cost/emissions.
Russia the world 2nd largest producer is facing more sanctions against them and aluminium was discussed.
Summary
Metals manufacturing in europe nearly non existant.
China capping supply.
Russia facing samctions.
Aluminium demand increasing, not only for medical equipment and food supply, but the up coming batteries and storage of energy supply.
Aluminium batteries from what i have read are still being developed and are more safer than the explosive lithium batteries.
Its definetly going to be an interesting decade with regards to aluminium.
I was hoping S32 would set up in india too maybe team up with the big european.
Rooks
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