The share of recycled aluminum in China's total supply is significantly less than in the United States (80%) and Europe (50%).

The premium on aluminum prices in the US Midwest has more than quadrupled in the last couple of months, jumping from approximately $500 per tonne to a record high of $2,100 per tonne.

The majority of the world's bauxite supply is sourced from Guinea.

China's cap on aluminum production is intended to control emissions and address other industrial challenges.

Approximately 80% of the aluminum supply in the United States comes from recycling.

Approximately 6% of the global aluminum supply, originating from the UAE, Saudi Arabia, and Oman, was exported to markets including the European Union, the United States, and Asia.

Kwezyan Pofo believes the blockage in the Strait of Hormuz will not materially impact the long-term structural surplus of aluminum because the affected 10% of global supply can be replaced from other ...

The Middle East is a key source of chemical reagents, which are byproducts of oil processing, used by global refiners to process bauxite into alumina.

The United Arab Emirates' aluminum facilities source their bauxite from a mine they own in Guinea.

China is the world's largest producer of aluminum.

Bloomberg NEF's December Transition Metals Outlook forecast a structural surplus for the global aluminum market for the next 10 years.

Chinese companies collectively produced 43 million tonnes of aluminum last year, approaching the national production cap of 45 million tonnes.

The United Arab Emirates, Saudi Arabia, and Oman collectively produced approximately 10% of the global aluminum supply last year.

The Chinese government has capped domestic aluminum production at 45 million tonnes.

The supply disruption at the Strait of Hormuz is expected to have a significant impact on the aluminum market in the near term.

Approximately 50% of the aluminum supply in Europe comes from recycling.