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Global energy crisis piles pressure on aluminium supply

Aluminium rose as much as 3.3% to $3 064 a ton on the London Metal Exchange on Monday.

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Global Energy Crisis Piles Pressure on Aluminum Supply

(Bloomberg) Aluminum has already jumped 50% this year, but some investors are now betting on an even bigger spike. The metal used in everything from beer cans to iPhones is massively energy intensive, and surging power prices are heaping pressure on supply.

City ofUnited kingdomThe netherlandsEoin dinsmoreKeith wildieMark hansenJames lukeChina state councilGoldman sachs group incConcord resources ltdLondon metal exchangeLondon metal exchange mondayRomco metalsConcord resourcesState councilDutch broadcaster

Aluminum price hits 13-year high as energy surge pressures supply

Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008.

City ofUnited kingdomThe netherlandsEoin dinsmoreKeith wildieMark hansenJames lukeChina state councilGoldman sachs group incConcord resources ltdLondon metal exchangeEuropean unionLondon metal exchange mondayRomco metalsState councilDutch broadcaster

Global energy crisis piles pressure on aluminum supply

Global energy crisis piles pressure on aluminum supply
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