Updated on 25 August 2025 Aluminium is everywhere, from the bauxite mines to the sleek products we use daily. But how well do we understand the journey of this versatile metal? That’s where AL Pedia, a knowledge hub under AL Learn, comes in. Through AL Pedia, we’re building an easy-to-follow A-Z encyclopedia of aluminium, covering […]
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In this new episode of Hedging with Jorge, we continue our journey through the world of hedging strategies, this time focusing on call options and how they form the foundation of a zero-cost collar strategy. On popular demand, Jorge’s second edition of Aluminium and Other Base Metals: Understanding Risk Management and Hedging starts August 26, […]
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The United States may be on the cusp of a genuine revival in primary aluminium smelting, a historically strategic industry that has languished for decades. Only six smelters remain in operation today and four of those are only partially active. Once the backbone of high-quality aluminium production, the domestic smelting sector has been hollowed out […]
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Recently, I attended the Aluminium Stewardship Initiative (ASI) Revision Guide webinar. The experience of it didn’t just like another industry session; it felt more like a mirror held up to the aluminium sector, reminding us how deeply interconnected our industry has become. From bauxite mines in Africa to processors in Asia, recyclers across Europe and […]
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In this blog of Hedging with Jorge, we take a practical look at call options and put options – two fundamental tools in commodity hedging. Whether you’re new to aluminium trading or brushing up on your knowledge, this guide will help you understand the rights, obligations and potential positions behind each strategy. On popular demand, […]
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The history of aluminium is relatively short since it was discovered only in the nineteenth century, yet it has become an essential part of everyday life. Therefore, aluminium is an attractive material for many applications, including transportation, electrical, packaging and food industries, architecture, renewable energy production and batteries and it is also included in the […]
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Understanding the mechanics of selling call options before building a strategy When we talk about hedging with options in the aluminium market, most traders and procurement professionals find buying options far more intuitive than selling them. That’s because buying options feels similar to buying insurance: simple, safe and straightforward. But when it comes to selling […]
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When you’re building an aluminium supply chain across countries, you’re not just moving products, you’re managing: Expectations, solving logistics PUZZLEs, connecting people who often speak different business “languages.” Here’s what I’ve learned from working in the middle of that process, between factory, forwarder and customer, every single day. Logistics is not just delivery; it’s a […]
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In today’s blog of Hedging with Jorge, we continue our journey into the world of aluminium market risk management by exploring a key financial instrument used by hedgers: the call option. While often associated with speculative trading, the use of call options for hedging follows a completely different logic, one that’s more aligned with buying […]
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In this blog of Hedging with Jorge, we take a fresh look at call options and explore why a hedger might choose to pay a premium on a call instead of using futures, even when the futures curve is flat. To simplify the concept, Jorge draws on an everyday analogy, car insurance and highlights how […]
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