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$1.45 alumina limited

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Devilmaycare

4,090 Posts.

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18/01/22

11:46

Post #: 58942160
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Originally posted by samkeil: ↑

Just following the market. There seems to be a number of supply restraints due to electricity prices in both China and Europe.
Output seems to remain constant in China, reduced in Europe. Energy costs are rising making it unaffordable to produce in Europe.
Aluminium input for electric vehicles is growing rapidly. They need to make the vehicles light.
https://aluminiuminsider.com/electric-vehicle-revolution-will-spur-aluminium-demand/There will be a double stress on electric grids, with electric cars and aluminium presumably making aluminium less affordable to produce.
Next 3 years I don't see how supply can keep up with demand.
I think aluminium is a good metal to be in at the moment, like Tin.
Any views to the contrary?

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To play the devils advocate, Aluminium is the 3rd most abundant element in the earth but its an energy intensive process to make in its purest form.
i think those with the cheapest power will survive.
Quitely confident AWC will excel with the green energy growing in Australia. The Worsley refinery which uses steam driven coal boilers for the process will face headwinds.

AWC Price at posting: $2.09 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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