If you look back at the conversations we’ve had across 2025, one pattern keeps resurfacing: the US aluminium industry has been speaking the language of momentum while operating with the posture of hesitation. We’ve talked about uncertainty so many times that it has almost become background noise, until you realise uncertainty is no longer “a […]
Continue reading
Sounds like good advice, yet that is what is occurring with aluminium in the electrical marketplace. A copper industry standard is being used to define aluminium. It is like someone promoting themself by saying that their competitor came in next to last in a 2-man race. Figure1. Two-man race Absurd, yes, yet people are literally […]
Continue reading
The author T.E. Carter once wrote that the court of public opinion moves much faster than the law. In Europe, this tenet could apply to the environmental policy agenda and the dichotomy that is forming between European citizens and lawmakers. The European Union (EU)’s overhaul of its Emissions Trading System (ETS) is designed to demonstrate […]
Continue reading
The global aluminium industry is entering a structurally decisive phase. While global economic growth is slowing, aluminium demand continues to hold up, supported by long-term transition themes such as renewable energy, electric mobility, infrastructure development and the rapid expansion of data centres. This article distils key insights from a recent aluminium market outlook session, covering […]
Continue reading
Production of aluminium metal by coal-based thermal energy causes a high emission level of almost 16 MT of CO2 per MT of metal produced. Reduction of CO2 emission will require either an alternative source of energy or efficient, stringent handling and management of the Electrolytic Cell for producing aluminium metal, in case the source of […]
Continue reading
When we began this journey together, the idea was simple: make hedging aluminium less intimidating and more practical for businesses exposed to market volatility. Seventy episodes later, here we are, closing a cycle that has stretched across almost seventy sessions, each dedicated to empowering decision-makers with strategies to manage risk more effectively. In this final […]
Continue reading
When it comes to aluminium hedging, the “zero-cost collar” remains one of the most effective tools to balance risk and cost. In this episode of Hedging with Jorge, we dive into the mechanics of how consumers not producers can apply this strategy to secure aluminium prices in uncertain markets. Recap: Calls and puts in aluminium […]
Continue reading
In this episode of Hedging with Jorge, we continue our journey through the world of aluminium risk management and explore the basics of call and put options. Whether you are a producer, trader, or consumer, understanding these instruments is essential for managing price volatility in the aluminium market. What does “At the Money” mean? Let’s […]
Continue reading
Ever since decarbonisation initiatives by the primary aluminium industrial players gained pace over the last couple of decades, the concept of an anode other than carbon to avoid emission of CO2 at the site of aluminium production has become an important strategic consideration. How can inert anodes replace carbon? Inert anodes replace carbon in aluminium […]
Continue reading
When we think about managing aluminium price risks, one of the most effective strategies available to consumers is the zero-cost collar. This strategy allows buyers to protect themselves from price volatility by combining two option positions: buying a call and selling a put. In today’s episode, let’s focus on the first leg of this strategy […]
Continue reading
