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base_metal · primary
Bottom line
Aluminum sits on 3 federal critical-minerals lists. 🇨🇳 China leads mine output. The US is 60% net import-reliant (2025). Prices rose 3% over the past year (+1%/yr over 4y).
At a glance
Price · 2026
3,369$/mt
World Bank Pink Sheet
Price trend
+3
+1%/yr · 4Y CAGR
US net import reliance · 2025
60%
From ore to use
lifecycle flow
-
74.2Mt
China top · 2025
2.2Mt
net importer · 2025
1.8Mt
year-end · 2025
5.7Mt
Consumption, apparent · 2025
Coverage
Provenance
Methodology
The eight-stage lens, the observed-vs-estimated membrane, stage-honest supply, per-stage concentration, ownership resolution and the demand lens - the full method is illustrated live on copper, nickel and lithium.
midstream_components_seed
ownership_control_seed
13 sources · titles open the source card · url opens the publisher