Aluminum's Big Comeback: Why Alcoa's Stock is Soaring

The Big Jump

Alcoa's stock has doubled in just six months. This isn't just a random spike—it's part of a larger story about global changes and how companies like Alcoa are adapting.

Why Aluminum Matters

Aluminum is everywhere:

• Cars
• Planes
• Green energy tech

Demand is skyrocketing, especially in:

• Electric vehicles
• Data centers

Prices have shot up to over $3,000 per metric ton.

Supply and Smart Moves

• China and Europe have cut back on production, making aluminum more valuable.
• Alcoa's strategic moves:
• Bought Alumina Limited for a stronger market position.
• Sold their stake in the Ma'aden joint venture, bringing in cash.
• Using profits to:
• Pay off debt
• Upgrade operations
• Return value to shareholders

Risks Ahead

• Indonesia plans to increase aluminum production, which could flood the market.
• Prices could drop if:
• Demand slows down
• Energy costs rise
• Stock may be overvalued right now.

Looking Ahead

Alcoa's future depends on:

• Sustained demand
• Limited supply

The next big test:

• Q4 2025 earnings report