欧美铝资源战爆发！逼停欧洲铝厂征关税，直击中国58%产能

Core Viewpoint - Aluminum prices have surged to a three-year high, nearing $2,900 per ton, as the U.S. and Europe impose tariffs on Chinese aluminum production, which holds a 58% share of the global market. This situation reflects a strategic move to control resources critical for the energy transition rather than a mere trade conflict [1]. Group 1: Importance of Aluminum - Aluminum is essential in various everyday products, including smartphones, electric vehicles, and beverage cans, due to its lightweight, durability, and recyclability, making it a key material in the clean energy revolution [5]. - The International Energy Agency has recognized aluminum as vital for the clean energy transition, with applications in solar panel supports, wind turbine cables, and electric vehicle bodies, significantly reducing energy consumption and range anxiety in electric vehicles [5]. Group 2: Supply and Demand Dynamics - Global aluminum supply is under pressure, with a projected shortage of 100,000 tons by 2025 and an expanded gap of 36,500 tons next year. European aluminum production has been hindered by soaring electricity prices, prompting a focus on Chinese production capabilities [8]. - Current export prices for Chinese aluminum are approximately $2,200 per ton, while domestic prices in Europe exceed $2,800 per ton, indicating a significant price disparity that could impact production costs for companies like Tesla [10]. Group 3: Production Challenges and Innovations - Aluminum production is highly energy-intensive, consuming enough electricity to power five German households for a year per ton produced. The global aluminum industry accounts for 3.5% of total electricity consumption and 2% of carbon emissions [12]. - Innovations in green aluminum production, such as hydropower-based methods, can reduce carbon emissions by 70%, and recycling aluminum can save 95% of energy. Companies like Hydro and Rusal are leading in developing zero-carbon technologies, which could determine future pricing power in the market [12]. Group 4: Strategic Implications - The ongoing aluminum resource conflict is not just about pricing but also about securing future technological advancements and market control. Despite tariffs, China's advancements in green technology and recycling capabilities position it favorably in the long term [12].