Luna Zhu

The following price was affected: MB-AL-0020 – Aluminium P1020A premium, ddp Midwest US, US cents/lb The price is part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter to this assessment, please contact Luna Zhu by email at: pricing@fastmarkets.com.

The re-election of former President Donald Trump on Tuesday November 5 has sparked renewed expectations in the US aluminium market. “People feel that Trump is going to be bullish for the market, particularly in terms of continuing tariffs and maybe keeping interest rates a little lower,” one source told Fastmarkets.

The joint development agreement will leverage Northern Graphite’s expertise in mining, milling, shaping and purifying natural graphite, and Rain’s portfolio of battery-grade carbon precursor materials and coating technologies, according to an announcement last week. The project aims to replace synthetic graphite with natural graphite in EV battery cells to reduce carbon emissions and production costs, as well as to address the stability gap between natural and synthetic graphite.