How Aluminum became a commodity to rival gold in 2022

“Aluminum is used in the aircraft industry. Nickel in stainless steel and batteries for electric cars. Platinum in electronics (medicine, chemical industry). Palladium in electronics and the production of catalytic converters for cars. There are big risks with exports from the Russian Federation. Russia’s share in global aluminum production is 6%, nickel (high grade) – 22%, platinum – 15%, palladium – 45%,” Manturov noted, exploring investment opportunities surrounding a range of metals. 

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LME Aluminium Chart Made Reversal Flag Pattern

Aluminium is a lightweight, durable, and infinitely recyclable metal that is vital to modern industries, including construction, transportation, and packaging, thanks to its strength-to-weight ratio and corrosion resistance.

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