The market’s main focus is on the ongoing disruptions in Guinea’s ore supply, which are intensifying concerns among participants about the stability of ore supply and the continuity of alumina production. Large alumina enterprises in Shanxi are showing signs of resuming production, although they have not yet achieved an increase in output. The ore supply for these companies remains somewhat volatile. It is expected that the alumina operating capacity will gradually increase from an average level of 88.5-89.5 million tons to an average level of 89-90 million tons in the future, with the market maintaining expectations of a slight increase in supply.
