Aluminium costs set to soar as energy bills keep rising
David Robertson, The Times, 30 Jun 2008The global power crunch could increase the cost of everything from cars to the humble soft-drink can as rising energy prices push up the cost of aluminium.
The supply of aluminium - which is used to build cars, aircraft and even stepladders - is struggling to keep pace with demand because producers cannot get access to the vast quantities of electricity needed to create the lightweight metal. As a result, aluminium prices, already at historic highs, are expected to rise by about 33 per cent in the next couple of years. ... Read full article
