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The main smelter under Global Aluminum in the United Arab Emirates was damaged during the conflict, and production capacity has now been restored to half; the largest aluminum producer in the Middle East is still maintaining its target and plans to achieve full production in the first quarter of next year. The company announced that 50% of the units at Abu Dhabi's Tavira smelter have been repaired and restarted. The progress of resuming production at this core plant is critical for metals traders, but the full recovery of sales also depends on whether the blockage of shipping in the Strait of Hormuz can be alleviated.
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The main smelter under Global Aluminum in the United Arab Emirates was damaged during the conflict, and production capacity has now been restored to half; the largest aluminum producer in the Middle East is still maintaining its target and plans to achieve full production in the first quarter of next year. The company announced that 50% of the units at Abu Dhabi's Tavira smelter have been repaired and restarted. The progress of resuming production at this core plant is critical for metals traders, but the full recovery of sales also depends on whether the blockage of shipping in the Strait of Hormuz can be alleviated.
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