Investor Presentaiton
aa
Aluminium
for the world
المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba
Aluminium Market Remain Bullish on Firm Demand & Tight Supply
A reviving US$, acceleration in smelter output growth in China on the back of
restarts, and concerns over the impact of the Russo-Ukrainian War on global
economic activity are likely to trigger a correction in LME Aluminium price
Chinese smelters to add output amid availability of power supply
Despite solid demand fundamentals, US economic activity is expected to struggle
with supply-chain challenges and rising energy concerns
Europe Carbon Border Adjustment Mechanism (CBAM) to enter into effect from
2023 in a transitional form and to fully apply from 2026 (being price takers,
Aluminium producers will be expected to pay for carbon emissions)
Energy prices expected to remain high in Europe → leading to further delays in
smelters' restarts
A clean source of power will be a must for future investments in smelting
capacity
LME Price to retreat to pre-war levels and will range between US$2,500/t -
US$2,800/t
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