Qatar Aluminium currently operates an electrolytic aluminum production capacity of 650,000 tons, requiring approximately 1.24 million tons of alumina annually, translating to over 100,000 tons per month. The market is focused on the pace of the plant’s shutdown. Based on publicly available information, the company plans to cease all electrolytic aluminum production due to the disruption of energy supplies. In summary, the scale and timing of the plant’s shutdown are directly related to the intensity and duration of the US-Israeli military strikes against Iran. For the alumina market, the sudden physical shutdown will directly reduce demand. Alumina shipments are expected to halt or even be resold, with overseas alumina trading and prices likely to be reflected first. Later, exports to China cannot be ruled out. Domestically, due to the trading nature of the market, spot transactions are unlikely to show significant changes, but the upward trend is expected to begin to be suppressed. （Chinese version） （English version）
