On the trade side, exports of unwrought aluminium and related products surged to 542,000 tonnes in July, up from 489,000 tonnes in June. Imports also showed robust growth, climbing 12.9 per cent year-on-year in August to reach 320,000 tonnes. Cumulatively, imports for the first eight months of 2025 hit 2.65 million tonnes, reflecting a 2.7 per cent increase compared to the same timeframe last year
On the supply side, Guinea Alumina has lost all its mining licenses, affecting the ore supply for Emirates Global Aluminium (EGA), one of the top players in the industry. At the same time, LME aluminium inventories took a significant hit, dropping nearly 100,000 tonnes in the first part of September, leaving stocks at 375,000 tonnes and showing just how tight availability is becoming.
