LON:RIO Aluminum prices fell after force majeure on alumina exports from Australian refineries lifted
Rio Tinto (LON:RIO) lifted force majeure on alumina exports from Australian refineries and eased supply constraints, sending aluminum prices down 0.04% to ₹241.75. RUSAL announced a phased reduction in aluminum production by 250,000 tonnes due to record-high alumina costs that have risen to nearly $700/tonne by early 2024. China, the world’s largest aluminum producer, has…