Bloomberg reports:

Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, according to a person familiar with the matter.

The smelter on the outskirts of Abu Dhabi lost power due to the strikes and smelting facilities known as potlines were forced into an uncontrolled shutdown, said the person, who asked not to be identified as the information isn’t public. Metal has solidified inside the smelting circuits, causing significant damage to the operations, the person said.

Aluminum futures on the London Metal Exchange have surged since the strikes, with Aluminium Bahrain, another major producer in the region, also confirming its operations were attacked by Iran over the weekend. The two plants are among the world’s largest, each producing 1.6 million tons of aluminum in 2025. [Continue reading…]