Australia’s South32 is expecting elevated alumina prices in the second half of the year due to supply-side risks, including heavy seasonal rains in Guinea that are affecting shipments, CEO Graham Kerr announced on Thursday.
In addition to the alumina market outlook, Kerr noted that South32 anticipates a recovery in aluminium prices, driven by a weakening U.S. dollar and renewed buying interest in China and Europe, spurred by the currently low prices. Kerr shared these insights during an analyst call. 
