KALU News & Events

Aluminum stocks including Alcoa (AA), Kaiser Aluminum (KALU), and Century Aluminum (CENX) are rising after Bloomberg reported that 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. Aluminum futures on the London Metal Exchange have surged with another major producer in the region, Aluminium Bahrain, also confirming its operations were attacked by Iran over the weekend, says Bloomberg, which notes that the two plants are among the world's largest, each producing 1.6 million tons of aluminum in 2025.

For the full year 2026, the Company expects to improve Conversion Revenue by 5% to 10% and Adjusted EBITDA by 5% to 15% year-over-year, primarily due to strengthening operational performance with metal assumptions that are closely aligned with current market futures curves.