Aluminium market headed for 'unprecedented crisis' warns WoodMac | Metals Mine

  • Aluminium market headed for 'unprecedented crisis' warns WoodMac

    From miningweekly.com

    The Iran war is triggering an unprecedented crisis in the global aluminium market with potentially devastating knock-on effects across sectors as diverse as construction, packaging, transport and green energy, says consultancy Wood Mackenzie. Even if the war were to end tomorrow, it could take up to a year for Emirates Global Aluminium to recover from the damage inflicted by a missile strike on its Al Taweelah smelter in March. Aluminium Bahrain, the largest single-site production plant outside of China, has also been hit, although the extent of the damage is currently unknown. Alba had already reduced output prior ... (full story)

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    Trump: Israel & Lebanon will formally begin a 10-day ceasefire at 5 PM EST

    From @realDonaldTrump|Apr 16, 2026|44 comments

    I just had excellent conversations with the Highly Respected President Joseph Aoun, of Lebanon, and Prime Minister Bibi Netanyahu, of Israel. These two Leaders have agreed that in order to achieve PEACE between their Countries, they will formally begin a 10 Day CEASEFIRE at 5 P.M. EST. On Tuesday, the two Countries met for the first time in 34 years here in Washington, D.C., with our Great Secretary of State, Marco Rubio. I have directed Vice President JD Vance and Secretary of State Rubio, together with the Chairman of the Joint Chiefs of Staff, Dan Razin' Caine, to work with Israel and Lebanon to achieve a Lasting PEACE. It has been my Honor to solve 9 Wars across the World, and this will be my 10th, so let's, GET IT DONE! President DONALD J. TRUMP RT: https://truthsocial.com/users/realDonaldTrump/statuses/116415122630904602In addition to the statement just issued, I will be inviting the Prime Minister of Israel, Bibi Netanyahu, and the President of Lebanon, Joseph Aoun, to the White House for the first meaningful talks between Israel and Lebanon since 1983, a very long time ago. Both sides want to see PEACE, and I believe that will happen, quickly! President DONALD J. TRUMP

    Silver market ripe for another price squeeze

    From miningmx.com|Apr 16, 2026

    The silver market could see another sharp price squeeze, with six consecutive years of supply deficits and depleted stockpiles leaving the market vulnerable to sudden moves, said ...

    Fed's Miran: Fed should be heading to a neutral rate estimated as low as 2.5%

    From @financialjuice|Apr 16, 2026|4 comments

    Fed's Miran: At this point, I feel that the Fed should be heading to a neutral rate estimated as low as 2.5%. FED GOV MIRAN Q&A: STILL THINK BETTER TO BE FORECAST DEPENDENT RATHER THAN BACKWARD LOOKING DATA DEPENDENT; NOW RATES SHOULD BE AT NEUTRAL, NOT BELOW #Miran #FederalReserve #economy Fed's Miran: Economic growth and the unemployment rate have not been as closely correlated as in the past; causes are uncertain, but could relate to AI. FED GOV MIRAN Q&A: HIGHER ENERGY COSTS ARE A DRAG ON GROWTH AND A RISK; ALSO WILL SEE INVESTMENT IN ENERGY #Miran #FederalReserve #economy

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