NYSE:AAMetals and Mining
Why Alcoa (AA) Is Up 5.2% After Aluminum Tops $3,000 Amid Supply Strains And ESG Demand
In recent days, Alcoa has benefited from aluminum prices on the London Metal Exchange rising above US$3,000 per ton, as supply constraints and operational challenges in China and Europe tightened global inventories amid strong construction and renewable energy demand.
This backdrop also highlights how Alcoa’s push into lower‑carbon aluminum production could make the company more relevant to ESG‑focused customers as the green energy transition advances.
We’ll now examine how this aluminum...