Country Report
Global aluminium smelter asset cost summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years. The latest cost update slide deck and tables are found in the download section and are designated by the latest quarter. As part of our ongoing efforts to enhance our products, in this release, you have access to new content – both a redesigned quarterly report, as well as a new suite of interactive downloadable data.
Table of contents
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Aluminium smelter asset cost service - Q3 2025 update
- The decline in operating costs is strengthening smelter profitability in 2025
- The decline in operating costs is strengthening smelter profitability in 2025
- Raw materials:
- Energy:
- Global power tariffs ease from 2022 highs, but trends vary by region
- Global reliance on self-generated power is expected to decrease as smelters shift toward grid power and PPAs to embrace a greener energy mix
- The market is likely entering a phase where aluminium prices and production costs are increasingly diverging, enhancing the industry’s overall profitability
Tables and charts
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What's included
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