Iran war disrupts global aluminum supply, prolonging shortages for months

In late-March, Iranian missiles hit the Emirates Global Aluminium Al Taweelah aluminum site, which produces about 1.5 million metric tons, and Aluminium Bahrain site, which produces about 1.6 million-tons per year. Both facilities have sustained significant damages and are major suppliers to the United States. EGA has said it may take up to a year to restore full production at its Al Taweelah smelter. Qatari aluminum smelter Qatalum also began shutting down in early March due to a shortage of natural gas, which is used for producing a large amount of electricity to power aluminum smelters. The company has noted…