The Gulf’s 3.5 million tonnes of aluminum output is at risk because of the Iran war, and could trigger a global supply crisis according to analysts Wood Mackenzie.
Emirates Global Aluminium has halted operations in Abu Dhabi, after its Al Taweelah site sustained “significant damage” during an Iranian attack on March 28. That takes 1.6 million tonnes a year of production offline and it could take a year to repair. Aluminium Bahrain (Alba)’s facility was also hit by Iran on March 28 and its 1.6 million-tonne-a-year plant may now be working at just 30% of capacity. Qatar’s Qatalum is operating at around 60% capacity.
The Gulf accounts for around 23% of global, non-China aluminum production. Most Gulf output is sold overseas and the regional crisis is having a knock-on effect globally. Aluminum is in high demand from fast-growing industries such as electric vehicles, solar panels, wind turbines, and data centres. Prices are now at their highest level in four years.
Figure out How to Remain Persuaded During Your Internet based Degree Program- Hezbollah uses ambulances, paramedic uniforms, as disguise for terrorist activity, IDF says
- Manual for extravagance SUVs for seniors
- 'Not the moon that I'm used to seeing': Artemis II astronauts describe seeing the far side
- The most effective method to Comprehend the Variables Affecting Medical attendant Pay rates
- A Gustav Klimt painting is now the most expensive piece of modern art sold at auction. The fascinating history behind the $236 million 'Portrait of Elisabeth Lederer.'
- Exemplary Fragrances: A Manual for Notorious Scents
- Atorvastatin recall may affect hundreds of thousands of patients – and reflects FDA’s troubles inspecting medicines manufactured overseas
- 6 Fledgling Cameras for 2024: Ideal for New Photographic artists
